INDIA TOBACCO EXPORT MARKET – TOBACCO INDUSTRY IN INDIA
TOBACCO MARKET IN INDIA The major portion of raw tobacco production in Indian tobacco industry comes from Andhra Pradesh, Gujarat and Karnataka. In past years, the consumption of tobacco has been reduced by anti-tobacco drives and the ban of consumption in public areas across the country. At present, India tobacco industry is providing the livelihood more than 25 million people in the country.
INDIAN TOBACCO TRADE STATISTICS India tobacco exports amounted to USD 461 million between January and September 2017 while it was USD 671 million in 2016. India is exporting its tobacco to more than 80 countries across the world. Indian tobacco export is declined by 3% in terms of quantity and 4% in terms of value between 2012 and 2016. It has seen a heavy declined in Indian tobacco exports in last five years. As tobacco export of India worth USD 842 million in 2013.
TOBACCO EXPORT PARTNERS OF INDIA India tobacco exports amounted to USD 461 million between January and September 2017 while it was USD 671 million in 2016. India is exporting its tobacco to more than 80 countries across the world. Belgium, Russia, Korea, UAE and Nepal are the largest global markets where India’s tobacco has been exported. Belgium is the largest market for India as more than 27% of tobacco is exported to this country only. Refer the below table to check the tobacco export figures of India recorded in 2016.
TOBACCO BOARD OF INDIA Tobacco Board of India is committed to regulating production, promote overseas marketing and imbalances in supply and demand. The board was established in 1975 in the place of Tobacco Export Promotion Council. It focuses on overall development of tobacco and Indian Tobacco Industry. The board constant monitors tobacco market in India and abroad. It also ensures fair and price to the growers and reducing wide fluctuations in the prices of the commodity.
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