Guatemala - Cigars, Cheroots And Cigarillos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCigars and Cigarillos Price in Guatemala - 2023
Contents:
- Cigars and Cigarillos Price in Guatemala (CIF) - 2022
- Cigars and Cigarillos Price in Guatemala (FOB) - 2022
- Cigars and Cigarillos Imports in Guatemala
- Cigars and Cigarillos Exports in Guatemala
Cigars and Cigarillos Price in Guatemala (CIF) - 2022
The average cigars and cigarillos import price stood at $99,079 per ton in 2022, with an increase of 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 71%. As a result, import price attained the peak level of $119,297 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cuba ($161,530 per ton), while the price for Honduras ($34,560 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cigars and Cigarillos Price in Guatemala (FOB) - 2022
The average cigars and cigarillos export price stood at $10,862 per ton in 2022, rising by 27% against the previous year. In general, the export price, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 106%. Over the period under review, the average export prices reached the peak figure at $33,838 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.1% per year.
Cigars and Cigarillos Imports in Guatemala
In 2022, approx. 4.4 tons of cigars, cheroots and cigarillos were imported into Guatemala; jumping by 21% against the previous year's figure. In general, imports saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 85% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, cigars and cigarillos imports skyrocketed to $437K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Cigars and Cigarillos in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cuba | N/A | N/A | 79.5 | 251 | 215.7% |
Nicaragua | 64.8 | 45.3 | 47.0 | 102 | 16.3% |
Dominican Republic | 11.1 | N/A | 21.4 | 31.4 | 41.4% |
Honduras | 14.5 | 13.5 | 39.3 | 29.6 | 26.9% |
United States | 20.7 | 10.3 | 5.7 | 10.9 | -19.2% |
Costa Rica | 8.8 | N/A | 14.4 | 8.9 | 0.4% |
Panama | 65.9 | 14.1 | 4.5 | N/A | -73.9% |
Netherlands | N/A | 125 | 100 | N/A | -20.0% |
Others | 40.5 | 27.9 | 23.4 | 3.6 | -55.4% |
Total | 226 | 236 | 336 | 437 | 24.6% |
Top Suppliers of Cigars and Cigarillos to Guatemala in 2022:
- Cuba (1554.0 kg)
- Nicaragua (1385.0 kg)
- Honduras (856.0 kg)
- United States (265.0 kg)
- Dominican Republic (224.0 kg)
- Costa Rica (113.0 kg)
Cigars and Cigarillos Exports in Guatemala
In 2022, approx. 7.8 tons of cigars, cheroots and cigarillos were exported from Guatemala; shrinking by -83.9% compared with the previous year's figure. Overall, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 893% against the previous year. As a result, the exports attained the peak of 48 tons, and then shrank remarkably in the following year.
In value terms, cigars and cigarillos exports reduced markedly to $85K in 2022. Over the period under review, exports, however, showed a measured increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,217%. As a result, the exports attained the peak of $413K, and then contracted significantly in the following year.
Export of Cigars and Cigarillos in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 79.8 | 29.4 | 409 | 84.7 | 2.0% |
Others | N/A | 1.9 | 3.1 | N/A | 63.2% |
Total | 79.8 | 31.3 | 413 | 84.7 | 2.0% |
Top Export Markets for Cigars and Cigarillos from Guatemala in 2022:
- United States (7.8 tons)
This report provides an in-depth analysis of the cigars and cigarillos market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 12001130 - Cigars, cheroots and cigarillos containing tobacco or mixtures of tobacco and tobacco substitutes (excluding tobacco duty)
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cigars and cigarillos market in Guatemala.
This report provides an in-depth analysis of the cigarettes containing tobacco market in Guatemala.
This report provides an in-depth analysis of the global cigars and cigarillos market.
This report provides an in-depth analysis of the global cigarettes containing tobacco market.
This report provides an in-depth analysis of the cigars and cigarillos market in Guatemala.
This report provides an in-depth analysis of the cigarettes containing tobacco market in Guatemala.
This report provides an in-depth analysis of the global cigars and cigarillos market.
This report provides an in-depth analysis of the global cigarettes containing tobacco market.
Explore the top import markets for cigars and cigarillos around the world. Find out key statistics and import values for countries like the United States, Germany, Italy, and more.
Explore the top import markets for cigarettes containing tobacco based on data from the IndexBox market intelligence platform.
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