Price for Tobacco, (Not Stemmed or Stripped) in Malaysia - 2021

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Malaysia (FOB) - 2022
  2. Price for Tobacco, (Not Stemmed or Stripped) in Malaysia (CIF) - 2022
  3. Exports of Tobacco, (Not Stemmed or Stripped) in Malaysia
  4. Imports of Tobacco, (Not Stemmed or Stripped) in Malaysia

Price for Tobacco, (Not Stemmed or Stripped) in Malaysia (FOB) - 2022

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $3,535 per ton, increasing by 25% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. Over the period under review, the average export prices reached the peak figure at $6,577 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 South Korea ($6,250 per ton), while the average price for exports to India ($1,495 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 Solomon Islands (+97.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Malaysia (CIF) - 2022

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $2,390 per ton, reducing by -30.1% against the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2020 an increase of 28%. Over the period under review, average import prices reached the maximum at $7,143 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($6,597 per ton), while the price for Vietnam ($540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+1.4%), while the prices for the other major suppliers experienced a decline.

Exports of Tobacco, (Not Stemmed or Stripped) in Malaysia

Tobacco, (not stemmed or stripped) exports from Malaysia contracted markedly to 19 tons in 2022, with a decrease of -24.8% compared with 2021. Overall, exports saw a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 117% against the previous year.

In value terms, tobacco, (not stemmed or stripped) exports reduced to $67K in 2022. Over the period under review, exports showed a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 14%.

Export of Tobacco, (Not Stemmed or Stripped) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia4,53853.053.048.3-78.0%
Philippines4067.214.415.0-66.7%
Singapore84.41.32.22.0-71.3%
India40.40.31.21.1-69.9%
Others4.90.40.20.2-65.6%
Total5,07362.271.066.6-76.4%

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Malaysia in 2022:

  1. Indonesia (13.3 tons)
  2. Philippines (3.9 tons)
  3. Singapore (0.9 tons)
  4. India (0.7 tons)

Imports of Tobacco, (Not Stemmed or Stripped) in Malaysia

In 2022, approx. 87 tons of tobacco, (not stemmed or stripped)s were imported into Malaysia; rising by 18% compared with 2021 figures. In general, imports, however, continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 101%.

In value terms, tobacco, (not stemmed or stripped) imports fell rapidly to $208K in 2022. Overall, imports, however, recorded a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 53%.

Import of Tobacco, (Not Stemmed or Stripped) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand25357.587.569.4-35.0%
Brazil82.620.032.327.3-30.9%
Bulgaria50.712.520.818.0-29.2%
Turkey80.716.121.515.0-42.9%
Germany47.811.117.414.1-33.4%
Vietnam52.111.216.112.0-38.7%
North Macedonia22.76.211.410.9-21.7%
Italy28.67.212.210.7-27.9%
Singapore13.53.66.56.1-23.3%
Uzbekistan17.34.26.95.9-30.1%
India8.42.61.14.4-19.4%
Philippines11.92.43.32.1-43.9%
Cambodia21.9N/AN/AN/A0%
Others42.59.414.311.8-34.8%
Total733164251208-34.3%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Malaysia in 2022:

  1. Thailand (25.7 tons)
  2. Vietnam (22.3 tons)
  3. Bulgaria (7.9 tons)
  4. Brazil (5.2 tons)
  5. Germany (4.7 tons)
  6. Italy (4.1 tons)
  7. North Macedonia (3.5 tons)
  8. India (3.3 tons)
  9. Turkey (2.3 tons)
  10. Philippines (2.1 tons)
  11. Singapore (1.6 tons)
  12. Uzbekistan (1.1 tons)

Source: IndexBox Market Intelligence Platform

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