Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada - 2024
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at less than $0.1 per unit in 2022, rising by 8.6% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $0.1 per unit. From 2017 to 2022, the average import prices remained at a 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 Cuba ($0.1 per unit), while the price for Poland (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 Myanmar (+15.3%), 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 Canada (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, reducing by -27.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 25%. As a result, the export price reached the peak level of $22 per thousand units, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($28 per thousand units), while the average price for exports to Belize ($4.7 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 Mexico (+16.8%), 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 Canada
In 2022, purchases abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -21.7% to 4.6B units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 549% against the previous year. Imports peaked at 5.8B units in 2021, and then declined markedly in the following year.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses contracted rapidly to $127M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 212%. Imports peaked at $150M in 2021, and then declined significantly in the following year.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | 81.9 | 107 | 89.5 | 4.5% |
| Dominican Republic | 7.6 | 4.4 | 7.0 | 14.2 | 23.2% |
| Myanmar | 1.8 | 2.2 | 2.6 | 3.0 | 18.6% |
| Turkey | 3.5 | 2.5 | 1.7 | 1.1 | -32.0% |
| Others | 26.6 | 31.6 | 31.6 | 19.3 | -10.1% |
| Total | 39.4 | 123 | 150 | 127 | 47.7% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Canada in 2022:
- Mexico (3962.4M units)
- Myanmar (124.0M units)
- Dominican Republic (121.0M units)
- Turkey (48.2M units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada
In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Canada skyrocketed to 3.3B units, jumping by 29% on the previous year's figure. In general, exports, however, showed a abrupt downturn. Over the period under review, the exports of reached the maximum at 6.8B units in 2020; however, from 2021 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 dropped to $52M in 2022. Overall, exports, however, continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 when exports increased by 14%. As a result, the exports reached the peak of $119M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 98.3 | 112 | 48.9 | 44.4 | -23.3% |
| Mexico | 2.4 | 2.8 | 3.1 | 3.6 | 14.5% |
| Singapore | 1.2 | 1.4 | 1.5 | 1.8 | 14.5% |
| Belize | 0.5 | 0.5 | 0.7 | 0.8 | 17.0% |
| Others | 1.8 | 2.1 | 1.7 | 1.5 | -5.9% |
| Total | 104 | 119 | 56.0 | 52.1 | -20.6% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Canada in 2022:
- United States (2844.1M units)
- Belize (172.0M units)
- Mexico (128.2M units)
- Singapore (84.0M units)
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