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

Contents:

  1. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Australia (CIF) - 2024
  2. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Australia (FOB) - 2022
  3. Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Australia
  4. Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Australia

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Australia (CIF) - 2024

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $55.0 per thousand units in April 2024, picking up by 6.7% against the previous month. In general, import price indicated modest growth from April 2023 to April 2024: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses increased by +22.8% against January 2024 indices. The pace of growth appeared the most rapid in November 2023 an increase of 26% against the previous month. The import price peaked at $61.1 per thousand units in December 2023; however, from January 2024 to April 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($212 per thousand units), while the price for Indonesia ($35.0 per thousand units) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $48 per thousand units, dropping by -1.6% against the previous year. In general, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 90%. As a result, the export price reached the peak level of $64 per thousand units. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($119 per thousand units), while the average price for exports to French Polynesia ($24 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 New Zealand (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third year in a row, Australia recorded decline in overseas purchases of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, which decreased by -1.6% to 9.1B units in 2022. Over the period under review, imports showed a abrupt setback. Over the period under review, imports of attained the peak figure at 12B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses dropped to $374M in 2022. In general, imports showed a abrupt setback. Over the period under review, imports of hit record highs at $665M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/A27.7130158138.8%
Indonesia210166142116-17.9%
Singapore51.556.538.642.2-6.4%
UkraineN/A21.926.816.2-14.0%
Germany42.018.529.87.9-42.7%
New Zealand2961456.10.1-93.0%
Others66.335.436.132.9-20.8%
Total665470409374-17.5%

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

  1. Singapore (3.4B units)
  2. Indonesia (3.1B units)
  3. Taiwan (Chinese) (2.1B units)
  4. Ukraine (0.2B units)
  5. Germany (0.1B units)

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

In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses exported from Australia fell to 243M units, waning by -11.9% against the previous year's figure. Over the period under review, exports saw a sharp shrinkage. Over the period under review, the exports of hit record highs at 1.2B units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses fell to $12M in 2022. In general, exports saw a significant contraction. The exports peaked at $39M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.38.73.22.6105.4%
Vanuatu3.22.83.62.4-9.1%
French Polynesia1.61.41.51.72.0%
New Caledonia1.31.11.20.6-22.7%
Netherlands1.43.40.80.5-29.1%
Nauru0.50.60.60.50.0%
Singapore4.80.70.60.4-56.3%
New Zealand5.80.90.10.2-67.5%
Vietnam15.9N/AN/AN/A0%
Others3.92.31.72.8-10.5%
Total38.721.913.411.6-33.1%

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

  1. French Polynesia (68.3M units)
  2. Vanuatu (50.4M units)
  3. Germany (21.6M units)
  4. New Caledonia (21.4M units)
  5. Nauru (16.4M units)
  6. Netherlands (14.3M units)
  7. Singapore (9.5M units)
  8. New Zealand (3.5M units)

Source: IndexBox Market Intelligence Platform

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