U.S.: Market for Manufactured Tobacco, Extracts And Essences 2025

Market Size for Manufactured Tobacco, Extracts And Essences in the U.S.

The U.S. market for manufactured tobacco, extracts and essences fell modestly to $X in 2021, declining by -1.6% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by 6.2%. Over the period under review, the market hit record highs at $X in 2020, and then reduced slightly in the following year.

Production of Manufactured Tobacco, Extracts And Essences in the U.S.

In value terms, manufactured tobacco, extracts and essences production declined slightly to $X in 2021. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 6% against the previous year. Manufactured tobacco, extracts and essences production peaked at $X in 2020, and then reduced modestly in the following year.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from the U.S.

In 2021, approx. X tons of manufactured tobacco, extracts and essences were exported from the United States; dropping by -11% compared with 2020 figures. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 30% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, manufactured tobacco, extracts and essences exports fell to $X in 2021. In general, exports saw a perceptible slump. The pace of growth appeared the most rapid in 2019 with an increase of 28% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X tons) was the main destination for manufactured tobacco, extracts and essences exports from the United States, with a 31% share of total exports. Moreover, manufactured tobacco, extracts and essences exports to the Dominican Republic exceeded the volume sent to the second major destination, Canada (X tons), twofold. The third position in this ranking was taken by Pakistan (X tons), with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume to the Dominican Republic stood at +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-4.2% per year) and Pakistan (+934.9% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for manufactured tobacco, extracts and essences exports from the United States, comprising 41% of total exports. The second position in the ranking was taken by Canada ($X), with a 14% share of total exports. It was followed by South Korea, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to the Dominican Republic amounted to +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-4.1% per year) and South Korea (+5.6% per year).

Export Prices by Country

In 2021, the average export price for manufactured tobacco, extracts and essences amounted to $X per ton, with a decrease of -3.1% against the previous year. In general, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into the U.S.

In 2021, the amount of manufactured tobacco, extracts and essences imported into the United States rose to X tons, growing by 4.2% against 2020. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, manufactured tobacco, extracts and essences imports rose rapidly to $X in 2021. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 20%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The Dominican Republic (X tons), India (X tons) and Sweden (X tons) were the main suppliers of manufactured tobacco, extracts and essences imports to the United States, with a combined 56% share of total imports. These countries were followed by France, Indonesia, Brazil and Mexico, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +40.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manufactured tobacco, extracts and essences suppliers to the United States were Sweden ($X), the Dominican Republic ($X) and India ($X), together comprising 73% of total imports. These countries were followed by Indonesia, Mexico, France and Brazil, which together accounted for a further 17%.

Indonesia, with a CAGR of +60.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for manufactured tobacco, extracts and essences stood at $X per ton in 2021, with an increase of 4.4% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, manufactured tobacco, extracts and essences import price decreased by -3.0% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :