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

Contents:

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

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

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $7.5 per thousand units, rising by 11% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 21%. The export price peaked at $11 per thousand units in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($9.8 per thousand units), while the average price for exports to Iraq ($5.1 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 Libya (+126.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $21 per thousand units in 2022, shrinking by -4.3% against the previous year. Over the period under review, the import price showed a mild decrease. The pace of growth appeared the most rapid in 2019 an increase of 27%. The import price peaked at $33 per thousand units in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($81 per thousand units), while the price for Turkey ($19 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Azerbaijan skyrocketed to 637M units, jumping by 142% against the year before. In general, exports posted significant growth. As a result, the exports reached 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 skyrocketed to $4.8M in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/AN/A2,5360%
Turkmenistan61.5N/AN/A673122.0%
OmanN/A20019762476.6%
GeorgiaN/AN/AN/A4920%
ChinaN/AN/A0.618831233.3%
TajikistanN/AN/AN/A94.20%
Sierra LeoneN/A36.412186.153.8%
Iraq22.626950673.848.4%
United Arab Emirates1,1473260.1N/A-99.1%
Iran1301,649667N/A126.5%
Others372132286N/A-12.3%
Total1,7342,6121,7784,76740.1%

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

  1. Kyrgyzstan (348.4M units)
  2. Oman (88.9M units)
  3. Turkmenistan (68.4M units)
  4. Georgia (52.9M units)
  5. China (33.1M units)
  6. Tajikistan (16.5M units)
  7. Sierra Leone (14.8M units)
  8. Iraq (14.4M units)

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

Imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses into Azerbaijan contracted sharply to 206M units in 2022, with a decrease of -69.3% against the previous year's figure. Overall, imports faced a dramatic contraction. The smallest decline of -41.2% was in 2021. Imports peaked at 3.8B 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 contracted significantly to $4.4M in 2022. In general, imports continue to indicate a precipitous shrinkage. The smallest decline of -42.2% was in 2021. Over the period under review, imports of hit record highs at $71M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A2.40%
Ukraine63.022.212.11.0-74.9%
Russia6.83.12.50.6-55.5%
Belarus1.0N/AN/AN/A0%
Others0.10.40.20.458.7%
Total71.025.714.94.4-60.4%

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

  1. Turkey (128.1M units)
  2. Ukraine (44.8M units)
  3. Russia (32.0M units)

Source: IndexBox Market Intelligence Platform

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