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

Contents:

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

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

The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $12 per thousand units in 2022, declining by -5.1% against the previous year. In general, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 8.2%. Over the period under review, the average export prices attained the maximum at $17 per thousand units in 2012; however, from 2013 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 Belgium ($18 per thousand units), while the average price for exports to Colombia ($11 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 Belgium (+17.7%), while the prices for the other major destinations experienced a decline.

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

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $12 per thousand units in 2022, shrinking by -14.1% against the previous year. Overall, the import price showed a noticeable reduction. The growth pace was the most rapid in 2014 an increase of 31%. Over the period under review, average import prices attained the maximum at $16 per thousand units in 2019; however, from 2020 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 Mexico ($40 per thousand units), while the price for Argentina ($9.3 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the third consecutive year, Chile recorded decline in overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, which decreased by -8.3% to 3.2B units in 2022. Overall, exports continue to indicate a dramatic slump. The exports peaked at 6.4B units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank to $39M in 2022. In general, exports continue to indicate a precipitous setback. Over the period under review, the exports of reached the maximum at $82M 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 Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia42.237.830.725.5-15.5%
Peru17.06.16.79.8-16.8%
Paraguay11.19.55.31.9-44.5%
BelgiumN/A0.10.61.3260.6%
Argentina3.111.90.3N/A-68.9%
Brazil2.82.30.6N/A-53.7%
Others6.03.10.90.6-53.6%
Total82.270.745.039.2-21.9%

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

  1. Colombia (2306.0M units)
  2. Peru (701.5M units)
  3. Paraguay (110.1M units)
  4. Belgium (73.4M units)

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

Imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses into Chile soared to 1.1B units in 2022, picking up by 87% compared with 2021 figures. In general, imports continue to indicate significant growth. 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 skyrocketed to $12M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina3.64.75.58.131.0%
MexicoN/AN/AN/A2.00%
Brazil0.5N/A1.01.440.9%
China1.0N/AN/AN/A0%
Others0.90.61.20.90.0%
Total6.05.27.712.327.0%

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

  1. Argentina (867.8M units)
  2. Brazil (130.8M units)
  3. Mexico (49.8M units)

Source: IndexBox Market Intelligence Platform

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