Smoking Pipe Market

The article examines the trends and forecasts in the global smoking pipe market, highlighting a slight growth in volume and value over the next eight years. China leads in both production and consumption, while Turkey shows growth in exports. Despite recent declines in global consumption, the market outlook remains positive for the industry.

Market Forecast

Driven by rising demand for smoking pipe worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.2% for the period from 2022 to 2030, which is projected to bring the market volume to 6.5K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market value to $139M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Smoking Pipes And Cigar Or Cigarette Holders

In 2022, global consumption of smoking pipes and cigar or cigarette holders dropped slightly to 6.4K tons, with a decrease of -3.4% against 2021. Overall, consumption continues to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 6.3%. Global consumption peaked at 25K tons in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

The global smoking pipe market size declined slightly to $115M in 2022, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the market value increased by 1.5% against the previous year. Global consumption peaked at $410M in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Consumption By Country

The country with the largest volume of smoking pipe consumption was China (2.1K tons), comprising approx. 32% of total volume. Moreover, smoking pipe consumption in China exceeded the figures recorded by the second-largest consumer, the United States (1K tons), twofold. India (850 tons) ranked third in terms of total consumption with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at -8.2%. In the other countries, the average annual rates were as follows: the United States (-8.2% per year) and India (-8.8% per year).

In value terms, the United States ($63M) led the market, alone. The second position in the ranking was taken by China ($11M). It was followed by Italy.

In the United States, the smoking pipe market remained relatively stable over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: China (-6.3% per year) and Italy (-4.8% per year).

The countries with the highest levels of smoking pipe per capita consumption in 2022 were the United States (3 kg per 1000 persons), Italy (2.4 kg per 1000 persons) and Vietnam (1.9 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Italy (with a CAGR of -6.6%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.

Production

World Production of Smoking Pipes And Cigar Or Cigarette Holders

In 2022, approx. 6.4K tons of smoking pipes and cigar or cigarette holders were produced worldwide; waning by -3.4% against 2021 figures. Over the period under review, production showed a deep slump. The pace of growth appeared the most rapid in 2021 when the production volume increased by 6.2% against the previous year. Global production peaked at 25K tons in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In value terms, smoking pipe production shrank to $118M in 2022 estimated in export price. In general, production saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 1.2% against the previous year. Over the period under review, global production attained the peak level at $305M in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Production By Country

China (2.1K tons) remains the largest smoking pipe producing country worldwide, comprising approx. 32% of total volume. Moreover, smoking pipe production in China exceeded the figures recorded by the second-largest producer, the United States (1K tons), twofold. India (850 tons) ranked third in terms of total production with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to -8.6%. In the other countries, the average annual rates were as follows: the United States (-8.2% per year) and India (-8.8% per year).

Imports

World Imports of Smoking Pipes And Cigar Or Cigarette Holders

After five years of growth, supplies from abroad of smoking pipes and cigar or cigarette holders decreased by -6.7% to 30 tons in 2022. Overall, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2017 with an increase of 44%. Global imports peaked at 449 tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, smoking pipe imports shrank to $273K in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 23% against the previous year. Over the period under review, global imports reached the peak figure at $1M in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports By Country

Libya was the largest importer of smoking pipes and cigar or cigarette holders in the world, with the volume of imports finishing at 25 tons, which was approx. 85% of total imports in 2022. It was distantly followed by Venezuela (4.5 tons), achieving a 15% share of total imports.

Libya was also the fastest-growing in terms of the smoking pipes and cigar or cigarette holders imports, with a CAGR of +29.5% from 2012 to 2022. Venezuela (-6.6%) illustrated a downward trend over the same period. Libya (+84 p.p.) and Venezuela (+13 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest smoking pipe importing markets worldwide were Venezuela ($140K) and Libya ($132K).

Libya, with a CAGR of +23.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices By Country

In 2022, the average smoking pipe import price amounted to $9,087 per ton, stabilizing at the previous year. Over the period under review, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 149% against the previous year. Over the period under review, average import prices reached the peak figure at $10,989 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Venezuela ($30,887 per ton), while Libya totaled $5,193 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+13.0%).

Exports

World Exports of Smoking Pipes And Cigar Or Cigarette Holders

In 2022, overseas shipments of smoking pipes and cigar or cigarette holders were finally on the rise to reach 19 tons after three years of decline. Over the period under review, exports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2018 with an increase of 156%. Over the period under review, the global exports hit record highs at 286 tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, smoking pipe exports rose slightly to $164K in 2022. Overall, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 129% against the previous year. The global exports peaked at $869K in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports By Country

Turkey (8.3 tons) and Japan (7.5 tons) prevails in exports structure, together generating 85% of total exports. South Africa (1.6 tons) held the next position in the ranking, followed by Lebanon (1.2 tons). All these countries together held near 15% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of +17.0%), while the other global leaders experienced a decline in the exports figures.

In value terms, the largest smoking pipe supplying countries worldwide were Turkey ($90K), Japan ($65K) and Lebanon ($4.5K), together comprising 98% of global exports.

In terms of the main exporting countries, Turkey, with a CAGR of +24.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Export Prices By Country

The average smoking pipe export price stood at $8,781 per ton in 2022, remaining constant against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $10,497 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($10,869 per ton), while South Africa ($2,433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.3%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform