Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Bangladesh - 2022

Contents:

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

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

In 2022, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $26 per thousand units, shrinking by -5% against the previous year. In general, the import price continues to indicate a pronounced decline. The growth pace was the most rapid in 2015 when the average import price increased by 22%. Over the period under review, average import prices attained the maximum at $35 per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Singapore ($57 per thousand units), while the price for India ($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 Sri Lanka (+10.5%), 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 Bangladesh (FOB) - 2022

The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $2.8 per thousand units in 2022, reducing by -29.2% against the previous year. Overall, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 54%. Over the period under review, the average export prices reached the peak figure at $10 per thousand units in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($32 per thousand units), while the average price for exports to Belize ($1.9 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 China (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 127M units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were imported into Bangladesh; growing by 51% on 2021. Overall, imports, however, saw a abrupt descent. Over the period under review, imports of reached the maximum at 225M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses surged to $3.4M in 2022. Over the period under review, imports, however, recorded a abrupt slump. Imports peaked at $6.1M 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 Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2,51766.7N/A1,315-19.5%
Singapore1,6653091,0891,150-11.6%
Malaysia27393.774.23569.3%
India1,31275.2368354-35.4%
Sri LankaN/AN/A781123-84.3%
China16.12,017N/AN/A12428.0%
Others27132.324.962.6-38.6%
Total6,0542,5942,3373,360-17.8%

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

  1. United Arab Emirates (67.7M units)
  2. Singapore (20.3M units)
  3. India (18.9M units)
  4. Malaysia (13.4M units)
  5. Sri Lanka (5.8M units)

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

In 2022, approx. 1B units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were exported from Bangladesh; with an increase of 60% against the previous year. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 120%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses expanded sharply to $2.9M in 2022. In general, exports, however, continue to indicate a perceptible slump. Over the period under review, the exports of attained the peak figure at $3.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belize5872421,0921,74643.8%
United States51.332.9442831153.0%
China8142,230669271-30.7%
Singapore8367.2365N/A-33.9%
Others1,0274337.471.8-58.8%
Total3,3152,9452,5752,920-4.1%

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

  1. Belize (914.9M units)
  2. United States (105.3M units)
  3. China (8.4M units)

Source: IndexBox Market Intelligence Platform

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