Singapore: Unmanufactured Tobacco Market 2025

Unmanufactured Tobacco Market Size in Singapore

After two years of decline, the Singaporean unmanufactured tobacco market increased by 61% to $X in 2022. In general, consumption, however, saw a pronounced contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Unmanufactured Tobacco Exports

Exports from Singapore

In 2022, the amount of tobacco (unmanufactured) exported from Singapore surged to X tons, rising by 28% against 2021. Over the period under review, exports enjoyed strong growth. The pace of growth was the most pronounced in 2013 with an increase of 116%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, unmanufactured tobacco exports rose markedly to $X in 2022. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 100% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for unmanufactured tobacco exports from Singapore, with a 75% share of total exports. Moreover, unmanufactured tobacco exports to Vietnam exceeded the volume sent to the second major destination, Indonesia (X tons), sevenfold. Georgia (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam stood at +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-8.6% per year) and Georgia (0.0% per year).

In value terms, Vietnam ($X) remains the key foreign market for tobacco (unmanufactured) exports from Singapore, comprising 85% of total exports. The second position in the ranking was held by Indonesia ($X), with a 10% share of total exports. It was followed by Georgia, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam stood at +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-8.2% per year) and Georgia (0.0% per year).

Export Prices by Country

The average unmanufactured tobacco export price stood at $X per ton in 2022, falling by -15.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Unmanufactured Tobacco Imports

Imports into Singapore

Unmanufactured tobacco imports into Singapore surged to X tons in 2022, with an increase of 56% compared with 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, unmanufactured tobacco imports rose significantly to $X in 2022. Overall, imports, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2019 when imports increased by 54% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X tons), Brazil (X tons) and China (X tons) were the main suppliers of unmanufactured tobacco imports to Singapore, with a combined 73% share of total imports. The United States, South Korea, India, Zimbabwe, the Philippines and Pakistan lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of +272.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constituted the largest supplier of tobacco (unmanufactured) to Singapore, comprising 46% of total imports. The second position in the ranking was taken by Brazil ($X), with a 12% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Indonesia stood at +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-12.2% per year) and China (-2.1% per year).

Import Prices by Country

The average unmanufactured tobacco import price stood at $X per ton in 2022, with a decrease of -28.4% against the previous year. In general, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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