Southern Asia: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Southern Asia

The South Asian cigars and cigarillos market contracted modestly to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Cigars And Cigarillos Production in Southern Asia

In value terms, cigars and cigarillos production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 11%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Cigars And Cigarillos Exports

Exports in Southern Asia

After ten years of growth, shipments abroad of cigars, cheroots and cigarillos decreased by -31.3% to X tons in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 75%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted dramatically in the following year.

In value terms, cigars and cigarillos exports fell significantly to $X in 2022. Overall, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 44% against the previous year. The level of export peaked at $X in 2021, and then declined markedly in the following year.

Exports by Country

In 2022, Sri Lanka (X tons) was the main exporter of cigars, cheroots and cigarillos, achieving 84% of total exports. It was distantly followed by Pakistan (X tons), comprising a 13% share of total exports. India (X tons) took a relatively small share of total exports.

Sri Lanka was also the fastest-growing in terms of the cigars, cheroots and cigarillos exports, with a CAGR of +25.8% from 2012 to 2022. At the same time, Pakistan (+13.0%) displayed positive paces of growth. By contrast, India (-3.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sri Lanka increased by +31 percentage points.

In value terms, Sri Lanka ($X) remains the largest cigars and cigarillos supplier in Southern Asia, comprising 85% of total exports. The second position in the ranking was taken by India ($X), with a 7.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sri Lanka stood at +9.9%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+0.0% per year) and Pakistan (+5.8% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, reducing by -7.8% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The growth pace was the most rapid in 2013 when the export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the other leaders experienced a decline in the export price figures.

Cigars And Cigarillos Imports

Imports in Southern Asia

In 2022, overseas purchases of cigars, cheroots and cigarillos decreased by -19% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 283%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cigars and cigarillos imports fell to $X in 2022. In general, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by 141% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Afghanistan represented the main importer of cigars, cheroots and cigarillos in Southern Asia, with the volume of imports reaching X tons, which was near 49% of total imports in 2022. Sri Lanka (X tons) held the second position in the ranking, followed by India (X tons). All these countries together held approx. 47% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Afghanistan (with a CAGR of -2.6%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, India ($X), Afghanistan ($X) and Sri Lanka ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 94% share of total imports.

Sri Lanka, with a CAGR of -2.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, increasing by 15% against the previous year. Overall, the import price continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2015 when the import price increased by 30% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+6.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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