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

Contents:

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

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

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $22 per thousand units in 2022, growing by 6.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40%. As a result, import price attained the peak level of $26 per thousand units. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ukraine ($23 per thousand units) and Greece ($23 per thousand units), while the price for the United Arab Emirates ($21 per thousand units) and Turkey ($22 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+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 Egypt (FOB) - 2022

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $90 per thousand units, jumping by 438% against the previous year. Over the period under review, the export price saw a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($109 per thousand units), while the average price for exports to the United Arab Emirates ($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 Kuwait (+12.2%), 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 Egypt

In 2022, after two years of decline, there was significant growth in overseas purchases of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, when their volume increased by 66% to 2B units. Overall, imports, however, saw a precipitous decrease. Imports peaked at 4B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses surged to $44M in 2022. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports of hit record highs at $84M 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 Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia27.13.90.211.4-25.1%
Greece13.95.33.17.6-18.2%
Germany19.910.06.46.5-31.1%
Turkey4.13.11.66.315.4%
France3.4N/A0.43.94.7%
UkraineN/A0.84.32.162.0%
United Arab Emirates1.29.0N/A2.120.5%
KenyaN/A13.86.9N/A-50.0%
Italy8.00.3N/AN/A-96.3%
Others6.22.82.14.2-12.2%
Total84.048.925.144.2-19.3%

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

  1. Serbia (512.7M units)
  2. Greece (334.5M units)
  3. Germany (286.4M units)
  4. Turkey (283.8M units)
  5. France (172.4M units)
  6. United Arab Emirates (100.0M units)
  7. Ukraine (91.4M units)
  8. Italy (0.1M units)

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

In 2022, approx. 196K units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were exported from Egypt; waning by -99.5% compared with the previous year. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 170%. As a result, the exports attained the peak of 43M units, and then declined dramatically in the following year.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank remarkably to $18K in 2022. In general, exports showed a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 160% against the previous year. As a result, the exports attained the peak of $726K, and then dropped notably in the following year.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CyprusN/AN/AN/A4.50%
CanadaN/AN/AN/A3.10%
RwandaN/AN/AN/A3.10%
United Arab Emirates1.20.6N/A0.7-16.4%
GermanyN/AN/A0.40.3-25.0%
Kuwait54.459.1N/AN/A8.6%
Kenya75.3N/AN/AN/A0%
Uganda65.2N/AN/AN/A0%
Libya141200715N/A125.2%
Saudi Arabia41.2N/AN/AN/A0%
Others19.419.110.66.0-32.4%
Total39827972617.6-64.6%

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

  1. Cyprus (71.7K units)
  2. United Arab Emirates (49.8K units)
  3. Canada (28.9K units)
  4. Rwanda (28.4K units)
  5. Germany (17.7K units)

Source: IndexBox Market Intelligence Platform

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