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South Africa - Cigars, Cheroots And Cigarillos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCigars and Cigarillos Price in South Africa - 2023
Contents:
- Cigars and Cigarillos Price in South Africa (CIF) - 2023
- Cigars and Cigarillos Price in South Africa (FOB) - 2022
- Cigars and Cigarillos Imports in South Africa
- Cigars and Cigarillos Exports in South Africa
Cigars and Cigarillos Price in South Africa (CIF) - 2023
In July 2023, the average cigars and cigarillos import price amounted to $158K per ton, increasing by 65% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 178% against the previous month. Over the period under review, average import prices attained the peak figure at $227K per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Cuba ($954K per ton), while the price for the Dominican Republic ($15,606 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cigars and Cigarillos Price in South Africa (FOB) - 2022
The average cigars and cigarillos export price stood at $41,768 per ton in 2022, surging by 6.6% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2016 an increase of 141%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($122,209 per ton), while the average price for exports to Mozambique ($9,217 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 Botswana (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Cigars and Cigarillos Imports in South Africa
Cigars and cigarillos imports into South Africa rose significantly to 31 tons in 2022, surging by 5.3% on 2021. In general, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%.
In value terms, cigars and cigarillos imports stood at $3.7M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Cigars and Cigarillos in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cuba | 1,113 | 1,304 | 1,129 | 1,248 | 3.9% |
United States | 97.3 | 104 | 721 | 554 | 78.6% |
Germany | 673 | 450 | 338 | 539 | -7.1% |
Nicaragua | 39.1 | 45.3 | 199 | 490 | 132.3% |
Dominican Republic | 685 | 509 | 237 | 272 | -26.5% |
Spain | 104 | 176 | 74.5 | 91.2 | -4.3% |
Costa Rica | 106 | 70.9 | 54.8 | 89.8 | -5.4% |
Honduras | 26.6 | 10.2 | 41.7 | 83.4 | 46.4% |
Switzerland | 34.5 | 164 | 490 | 0.8 | -71.5% |
United Arab Emirates | 253 | 62.2 | 35.8 | N/A | -62.4% |
Others | 190 | 281 | 310 | 307 | 17.3% |
Total | 3,321 | 3,177 | 3,630 | 3,674 | 3.4% |
Top Suppliers of Cigars and Cigarillos to South Africa in 2022:
- Switzerland (undefined tons)
- United States (7.1 tons)
- Germany (6.4 tons)
- Cuba (5.1 tons)
- Nicaragua (4.9 tons)
- Dominican Republic (2.3 tons)
- Spain (1.4 tons)
- Honduras (1.0 tons)
- Costa Rica (0.9 tons)
Cigars and Cigarillos Exports in South Africa
In 2022, the amount of cigars, cheroots and cigarillos exported from South Africa dropped notably to 11 tons, waning by -48.9% against the previous year. Overall, exports recorded a sharp decline. The smallest decline of -40.1% was in 2020.
In value terms, cigars and cigarillos exports fell sharply to $451K in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of -24.6% was in 2020.
Export of Cigars and Cigarillos in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Swaziland | 35.8 | 182 | 108 | 114 | 47.1% |
Namibia | 17.4 | 30.6 | 68.6 | 90.7 | 73.4% |
Hong Kong SAR | 0.8 | 3.0 | N/A | 31.9 | 241.6% |
Botswana | 11.0 | 13.3 | 24.7 | 24.3 | 30.2% |
Zambia | N/A | 1.5 | N/A | 2.9 | 39.0% |
Lesotho | 1,531 | 1,017 | 158 | 1.1 | -91.0% |
Saint Helena, Ascension and Tristan da Cunha | 8.1 | 3.6 | N/A | N/A | -55.6% |
Others | 142 | 65.4 | 468 | 186 | 9.4% |
Total | 1,746 | 1,317 | 828 | 451 | -36.3% |
Top Export Markets for Cigars and Cigarillos from South Africa in 2022:
- Lesotho (undefined tons)
- Swaziland (1.9 tons)
- Hong Kong SAR (1.1 tons)
- Namibia (0.7 tons)
- Zambia (0.2 tons)
- Botswana (0.2 tons)
This report provides an in-depth analysis of the cigars and cigarillos market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
-
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
-
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 South Africa.
This report provides an in-depth analysis of the cigarettes containing tobacco market in South Africa.
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 South Africa.
This report provides an in-depth analysis of the cigarettes containing tobacco market in South Africa.
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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