Southern Asia: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in Southern Asia

The South Asian cigarettes containing tobacco market expanded slightly to $X in 2022, growing by 2.1% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cigarettes Containing Tobacco Production in Southern Asia

In value terms, cigarettes containing tobacco production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 6.2%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Cigarettes Containing Tobacco Exports

Exports in Southern Asia

Cigarettes containing tobacco exports surged to X tons in 2022, increasing by 16% compared with the previous year's figure. Total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cigarettes containing tobacco exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 26%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

India was the key exporting country with an export of around X tons, which reached 75% of total exports. Pakistan (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by Bangladesh (8%) and Sri Lanka (4.8%).

India experienced a relatively flat trend pattern with regard to volume of exports of cigarettes containing tobacco. At the same time, Pakistan (+36.6%), Bangladesh (+34.2%) and Sri Lanka (+22.8%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +36.6% from 2012-2022. From 2012 to 2022, the share of Pakistan, Bangladesh and Sri Lanka increased by +11, +7.5 and +4.1 percentage points, respectively.

In value terms, India ($X) remains the largest cigarettes containing tobacco supplier in Southern Asia, comprising 82% of total exports. The second position in the ranking was held by Pakistan ($X), with a 12% share of total exports. It was followed by Sri Lanka, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled +1.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (+39.8% per year) and Sri Lanka (+27.3% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, which is down by -4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2018 when the export price increased by 9.8%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.7%), while the other leaders experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports in Southern Asia

In 2022, imports of cigarettes containing tobacco in Southern Asia surged to X tons, picking up by 26% on the year before. In general, imports posted a mild expansion. The pace of growth appeared the most rapid in 2020 with an increase of 347%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cigarettes containing tobacco imports skyrocketed to $X in 2022. Overall, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 319%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Afghanistan prevails in imports structure, resulting at X tons, which was near 90% of total imports in 2022. It was distantly followed by India (X tons), comprising a 6% share of total imports. Maldives (X tons) took a minor share of total imports.

Afghanistan was also the fastest-growing in terms of the cigarettes containing tobacco imports, with a CAGR of +1.9% from 2012 to 2022. India experienced a relatively flat trend pattern. Maldives (-2.2%) illustrated a downward trend over the same period. While the share of Afghanistan (+3.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) constitutes the largest market for imported cigarettes containing tobacco in Southern Asia, comprising 88% of total imports. The second position in the ranking was held by India ($X), with a 6% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Afghanistan amounted to +11.7%. The remaining importing countries recorded the following average annual rates of imports growth: India (+3.0% per year) and Maldives (+2.8% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with a decrease of -2.4% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cigarettes containing tobacco import price decreased by +0.8% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the import price increased by 41% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+9.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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