GCC: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in GCC

The GCC cigarettes containing tobacco market soared to $X in 2022, growing by X% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Cigarettes Containing Tobacco Production in GCC

In value terms, cigarettes containing tobacco production shrank to $X in 2022 estimated in export price. Overall, production saw a prominent increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

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Cigarettes Containing Tobacco Exports

Exports in GCC

In 2022, shipments abroad of cigarettes containing tobacco increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cigarettes containing tobacco exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Oman (X units), achieving a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the cigarettes containing tobacco exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest cigarettes containing tobacco supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

In the United Arab Emirates, cigarettes containing tobacco exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to less than $X per thousand units, waning by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked at less than $X per thousand units in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates (less than $X per thousand units), while Oman stood at less than $X per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Cigarettes Containing Tobacco Imports

Imports in GCC

In 2022, purchases abroad of cigarettes containing tobacco was finally on the rise to reach X units after five years of decline. Overall, imports enjoyed notable growth. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco imports soared to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Kuwait (X units) and the United Arab Emirates (X units) represented the major importers of cigarettes containing tobacco in 2022, reaching approx. X% and X% of total imports, respectively. It was distantly followed by Oman (X units), mixing up a X% share of total imports. Bahrain (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest cigarettes containing tobacco importing markets in GCC were Kuwait ($X), the United Arab Emirates ($X) and Oman ($X), with a combined X% share of total imports.

Among the main importing countries, Oman, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in GCC stood at less than $X per thousand units in 2022, waning by X% against the previous year. Over the period under review, the import price showed a mild decline. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at less than $X per thousand units in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Kuwait (less than $X per thousand units) and Oman (less than $X per thousand units), while the United Arab Emirates (less than $X per thousand units) and Bahrain (less than $X per thousand units) were amongst the lowest.

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

Source: IndexBox Platform

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