United Kingdom: Market for Manufactured Tobacco, Extracts And Essences 2025

Market Size for Manufactured Tobacco, Extracts And Essences in the UK

In 2021, the UK market for manufactured tobacco, extracts and essences decreased by -6.6% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, continues to indicate a significant expansion. Manufactured tobacco, extracts and essences consumption peaked at $X in 2020, and then declined in the following year.

Production of Manufactured Tobacco, Extracts And Essences in the UK

In value terms, manufactured tobacco, extracts and essences production shrank to $X in 2021 estimated in export price. Overall, production, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 173%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from the UK

In 2021, after four years of decline, there was growth in overseas shipments of manufactured tobacco, extracts and essences, when their volume increased by 1.5% to X tons. Over the period under review, exports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 30% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, manufactured tobacco, extracts and essences exports rose remarkably to $X in 2021. In general, exports, however, showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 47%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for manufactured tobacco, extracts and essences exports from the UK, with a 35% share of total exports. Moreover, manufactured tobacco, extracts and essences exports to the United States exceeded the volume sent to the second major destination, Switzerland (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +38.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-36.6% per year) and Germany (-39.9% per year).

In value terms, the United States ($X), Switzerland ($X) and France ($X) constituted the largest markets for manufactured tobacco, extracts and essences exported from the UK worldwide, with a combined 61% share of total exports. These countries were followed by Germany, Sweden, Denmark, the Netherlands, Poland and South Korea, which together accounted for a further 25%.

Among the main countries of destination, Sweden, with a CAGR of +120.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for manufactured tobacco, extracts and essences stood at $X per ton in 2021, with an increase of 13% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 127%. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Poland ($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 Switzerland (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into the UK

After three years of growth, supplies from abroad of manufactured tobacco, extracts and essences decreased by -23.2% to X tons in 2021. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 171%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, manufactured tobacco, extracts and essences imports contracted sharply to $X in 2021. Overall, imports, however, recorded perceptible growth. The pace of growth was the most pronounced in 2020 with an increase of 168% against the previous year. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2021, Romania (X tons) constituted the largest manufactured tobacco, extracts and essences supplier to the UK, with a 53% share of total imports. Moreover, manufactured tobacco, extracts and essences imports from Romania exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Romania amounted to +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+33.4% per year) and Poland (-10.0% per year).

In value terms, Romania ($X) constituted the largest supplier of manufactured tobacco, extracts and essences to the UK, comprising 57% of total imports. The second position in the ranking was held by Poland ($X), with a 22% share of total imports. It was followed by Italy, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from Romania amounted to +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+48.0% per year) and Italy (+386.0% per year).

Import Prices by Country

The average import price for manufactured tobacco, extracts and essences stood at $X per ton in 2021, falling by -5.4% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 112% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+64.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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