Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica - 2022
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica (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, with an increase of 25% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the maximum at $15 per thousand units in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($12 per thousand units), while the price for Honduras stood at $12 per thousand units.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.5%), 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 Costa Rica (FOB) - 2022
The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $73 per thousand units in 2022, flattening at the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 86% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Curacao ($215 per thousand units), while the average price for exports to Brazil ($13 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 Curacao (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica
In 2022, approx. 1.4B units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were imported into Costa Rica; jumping by 91% against 2021. In general, imports, however, saw a slight slump. Over the period under review, imports of reached the peak figure at 1.4B units in 2019; afterwards, it flattened through to 2022.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses surged to $17M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. 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 Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 6.8 | 1.9 | 2.4 | 8.6 | 8.1% |
| Mexico | 8.5 | 3.1 | 4.6 | 7.5 | -4.1% |
| Others | 1.8 | 0.2 | 0.2 | 1.0 | -17.8% |
| Total | 17.1 | 5.1 | 7.2 | 17.2 | 0.2% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Costa Rica in 2022:
- Honduras (748.3M units)
- Mexico (607.2M units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica
In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Costa Rica soared to 95M units, jumping by 36% against 2021. In general, exports enjoyed a significant expansion. 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 soared to $7M in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,172 | 1,223 | 1,179 | 1,518 | 9.0% |
| United States | 621 | 553 | 900 | 985 | 16.6% |
| Serbia | 191 | 290 | 584 | 705 | 54.5% |
| Curacao | 73.6 | 56.1 | 315 | 653 | 107.0% |
| Taiwan (Chinese) | 678 | 107 | 475 | 644 | -1.7% |
| Hong Kong SAR | N/A | N/A | 302 | 461 | 52.6% |
| Germany | 313 | 397 | 604 | 389 | 7.5% |
| Turkey | 165 | 34.8 | N/A | 209 | 8.2% |
| Netherlands | 19.5 | 34.1 | 45.3 | 158 | 100.9% |
| Spain | 112 | 3.4 | 159 | 149 | 10.0% |
| Belgium | 61.1 | 32.2 | 65.4 | 116 | 23.8% |
| Lebanon | 27.7 | 86.2 | N/A | 112 | 59.3% |
| Brazil | 24.2 | 30.6 | 14.0 | 22.8 | -2.0% |
| Others | 325 | 421 | 474 | 871 | 38.9% |
| Total | 3,784 | 3,269 | 5,117 | 6,991 | 22.7% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Costa Rica in 2022:
- Switzerland (19.4M units)
- United States (17.6M units)
- Serbia (12.4M units)
- Germany (8.3M units)
- Turkey (4.4M units)
- Hong Kong SAR (4.0M units)
- Taiwan (Chinese) (3.2M units)
- Curacao (3.0M units)
- Lebanon (2.3M units)
- Belgium (2.3M units)
- Netherlands (2.2M units)
- Spain (2.0M units)
- Brazil (1.7M units)
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