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

Contents:

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

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

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $23 per thousand units in 2022, waning by -6.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9%. Over the period under review, average import prices reached the maximum at $25 per thousand units in 2021, and then dropped in the following year.

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 Lithuania ($1,129 per thousand units), while the price for Latvia ($14 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+51.3%), 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 Estonia (FOB) - 2022

The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $0.1 per unit in 2022, waning by -4.4% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses increased by +19.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.1 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($0.1 per unit), while the average price for exports to Norway ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.1%), 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 Estonia

In 2022, approx. 1.4B units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were imported into Estonia; which is down by -3.9% against the previous year. In general, imports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 4%. Over the period under review, imports of attained the maximum at 1.7B 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 dropped to $33M in 2022. Over the period under review, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of $37M, and then fell in the following year.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16.816.818.516.4-0.8%
LatviaN/A10.19.99.1-5.1%
FinlandN/A2.43.23.927.5%
Germany2.12.93.11.3-14.8%
Romania2.80.40.41.0-29.1%
Lithuania10.4N/AN/AN/A0%
Others3.30.81.91.6-21.4%
Total35.533.537.133.3-2.1%

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

  1. Latvia (662.4M units)
  2. Poland (626.7M units)
  3. Finland (50.8M units)
  4. Germany (47.2M units)
  5. Romania (44.9M units)

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

In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Estonia surged to 72M units, picking up by 43% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports attained 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 skyrocketed to $7.3M in 2022. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland3.42.54.26.322.8%
Sweden0.20.30.30.426.0%
NorwayN/A0.10.10.10.0%
PeruN/A0.3N/AN/A0%
Gambia0.1N/AN/AN/A0%
Others0.50.60.80.66.3%
Total4.23.85.37.320.2%

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

  1. Finland (55.9M units)
  2. Sweden (5.5M units)
  3. Norway (1.1M units)

Source: IndexBox Market Intelligence Platform

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