Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon - 2022
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $10 per thousand units in 2022, dropping by -12.8% against the previous year. Over the period under review, the import price saw a mild descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.4% against the previous year. As a result, import price reached the peak level of $13 per thousand units. From 2021 to 2022, the average 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 Nigeria ($12 per thousand units), while the price for the United Arab Emirates ($6.8 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+8.5%), 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 Cameroon (FOB) - 2022
The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $16 per thousand units in 2022, declining by -5.5% against the previous year. Overall, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2019 an increase of 35%. The export price peaked at $31 per thousand units in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($26 per thousand units), while the average price for exports to Congo ($1.3 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 Nigeria (+10.0%), while the prices for the other major destinations experienced a decline.
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon
In 2022, approx. 2.3B units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were imported into Cameroon; picking up by 35% against 2021 figures. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses surged to $24M in 2022. Over the period under review, imports, however, showed a pronounced reduction. Imports peaked at $25M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 16.4 | 15.6 | 12.5 | 16.5 | 0.2% |
| Turkey | 4.7 | 3.0 | 4.7 | 5.2 | 3.4% |
| South Africa | 0.6 | 0.4 | 0.4 | 0.4 | -12.6% |
| South Korea | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Serbia | 2.0 | 0.2 | 1.0 | 0.3 | -46.9% |
| Sri Lanka | N/A | N/A | 0.6 | N/A | 0% |
| Others | 1.5 | 1.6 | 0.9 | 0.9 | -15.7% |
| Total | 25.3 | 20.9 | 20.3 | 23.8 | -2.0% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Cameroon in 2022:
- Nigeria (1327.4M units)
- Turkey (757.8M units)
- South Korea (63.5M units)
- South Africa (40.7M units)
- Serbia (22.8M units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Cameroon
After three years of growth, overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -12.9% to 158M units in 2022. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 182M units, and then contracted in the following year.
In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank rapidly to $2.5M in 2022. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. The exports peaked at $4.1M 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 Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chad | 1,711 | 1,684 | 2,306 | 2,004 | 5.4% |
| Nigeria | 2,302 | 829 | 523 | 344 | -46.9% |
| Central African Republic | 107 | 103 | 151 | 103 | -1.3% |
| Congo | 3.6 | 12.1 | 10.1 | 8.8 | 34.7% |
| Others | 2.7 | 23.0 | 0.1 | 0.1 | -66.7% |
| Total | 4,126 | 2,652 | 2,989 | 2,459 | -15.8% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Cameroon in 2022:
- Chad (80.8M units)
- Central African Republic (57.5M units)
- Nigeria (13.4M units)
- Congo (6.6M units)
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