Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Singapore - 2022
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore (FOB) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore (CIF) - 2022
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore (FOB) - 2022
In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $10,555 per ton, rising by 119% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 123% against the previous year. Over the period under review, the average export prices attained the maximum at $15,652 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($55,312 per ton), while the average price for exports to the United Arab Emirates ($1,970 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 Malaysia (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore (CIF) - 2022
The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $13,847 per ton in 2022, with an increase of 44% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s increased by +86.3% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 59% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($44,000 per ton), while the price for the United Arab Emirates ($7,747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+21.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore
For the third year in a row, Singapore recorded decline in shipments abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, which decreased by -34.2% to 144 tons in 2022. Over the period under review, exports saw a sharp slump. The smallest decline of -24.5% was in 2020.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s soared to $1.5M in 2022. In general, exports continue to indicate a precipitous decline.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 467 | 0% |
| China | 137 | 0.1 | N/A | 445 | 48.1% |
| Cyprus | N/A | N/A | N/A | 151 | 0% |
| Netherlands | N/A | N/A | N/A | 105 | 0% |
| Thailand | 57.5 | 1,298 | 427 | 75.7 | 9.6% |
| Indonesia | 3,030 | 2,076 | 164 | 55.2 | -73.7% |
| United Arab Emirates | 113 | N/A | N/A | 45.5 | -26.2% |
| Vietnam | 1,174 | 468 | 224 | 37.8 | -68.2% |
| Saudi Arabia | 958 | 395 | N/A | N/A | -58.8% |
| Pakistan | N/A | N/A | 176 | N/A | 0% |
| Others | 1,482 | 718 | 61.8 | 136 | -54.9% |
| Total | 6,951 | 4,955 | 1,053 | 1,517 | -39.8% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Singapore in 2022:
- China (54.5 tons)
- Philippines (31.5 tons)
- United Arab Emirates (23.1 tons)
- Indonesia (13.6 tons)
- Cyprus (7.0 tons)
- Netherlands (6.3 tons)
- Thailand (4.5 tons)
- Vietnam (0.9 tons)
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore
In 2022, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s into Singapore contracted markedly to 75 tons, falling by -59.1% on 2021. In general, imports showed a dramatic slump. The smallest decline of -44.6% was in 2021.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s contracted rapidly to $1M in 2022. Over the period under review, imports faced a precipitous contraction. The smallest decline of -27.9% was in 2020.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | N/A | 445 | 0% |
| China | 711 | 1,180 | 828 | 341 | -21.7% |
| United Arab Emirates | 174 | 97.8 | 16.5 | 50.6 | -33.7% |
| India | 2,886 | 539 | 362 | N/A | -64.6% |
| Indonesia | 1,124 | 829 | 0.2 | N/A | -98.7% |
| Lao People's Democratic Republic | 128 | N/A | N/A | N/A | 0% |
| Others | 944 | 1,659 | 557 | 205 | -39.9% |
| Total | 5,968 | 4,305 | 1,763 | 1,041 | -44.1% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Singapore in 2022:
- Jordan (54.5 tons)
- China (10.8 tons)
- United Arab Emirates (6.5 tons)
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