Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina - 2024

Contents:

  1. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina (FOB) - 2022
  2. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina (CIF) - 2022
  3. Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina
  4. Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina (FOB) - 2022

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $9.6 per thousand units, reducing by -25.5% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 6.9%. The export price peaked at $18 per thousand units in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($21 per thousand units), while the average price for exports to Ecuador ($8.8 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (-2.1%), while the prices for the other major destinations experienced a decline.

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina (CIF) - 2022

In 2022, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $0.1 per unit, rising by 3.8% against the previous year. Over the period under review, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 118% against the previous year. Over the period under review, average import prices hit record highs at $0.1 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cuba ($0.2 per unit), while the price for Brazil (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina

Exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Argentina skyrocketed to 958M units in 2022, rising by 64% compared with the year before. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses soared to $9.2M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile3.64.75.58.131.0%
EcuadorN/AN/A1.00.6-40.0%
Costa RicaN/AN/A0.20.350.0%
Bolivia0.90.50.6N/A-18.4%
Others0.10.10.20.10.0%
Total4.65.37.59.226.0%

Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Argentina in 2022:

  1. Chile (867.8M units)
  2. Ecuador (72.1M units)
  3. Costa Rica (14.7M units)

Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina

In 2022, overseas purchases of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -7.6% to 47M units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports attained the peak of 51M units, and then dropped in the following year.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses declined modestly to $4.8M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports reached the peak of $5M, and then fell in the following year.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba1,6121,7072,4762,1339.8%
Netherlands6045436737507.5%
Dominican Republic3022365013373.7%
Germany23232529433312.8%
Nicaragua44.195.918025379.0%
United StatesN/A2.0293229970.0%
SpainN/A3.63.6139521.4%
Belgium40.116915911642.5%
Mexico59.565.136.681.911.2%
Brazil33.91050.962.522.6%
Honduras47.855.910150.72.0%
Lithuania74.925.010.733.1-23.8%
ChinaN/A16.120.3N/A26.1%
Others11415521424529.0%
Total3,1643,5054,9644,76314.6%

Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Argentina in 2022:

  1. Cuba (9.1M units)
  2. United States (6.8M units)
  3. Dominican Republic (6.0M units)
  4. Netherlands (5.7M units)
  5. Germany (4.7M units)
  6. Nicaragua (2.8M units)
  7. Brazil (2.7M units)
  8. Spain (2.3M units)
  9. Belgium (1.2M units)
  10. Mexico (0.9M units)
  11. Lithuania (0.8M units)
  12. Honduras (0.3M units)

Source: IndexBox Market Intelligence Platform

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