Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India - 2024
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India (FOB) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India (CIF) - 2022
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India (FOB) - 2022
In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $19 per thousand units, shrinking by -8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 when the average export price increased by 23%. As a result, the export price reached the peak level of $21 per thousand units. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bhutan ($19 per thousand units) and the United States ($19 per thousand units), while the average price for exports to Venezuela ($19 per thousand units) and Qatar ($19 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India (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, rising by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 when the average import price increased by 14%. The import price peaked in 2022 and is likely to continue growth in the near future.
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 Germany ($36 per thousand units), while the price for China ($20 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India
In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from India skyrocketed to 5.4B units, rising by 27% against the year before. In general, exports, however, recorded a slight contraction. The exports peaked at 5.5B units in 2019; however, from 2020 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 surged to $101M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The exports peaked at $103M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.9 | 11.1 | 16.2 | 25.3 | 47.4% |
| Bhutan | N/A | 0.7 | 7.2 | 17.5 | 400.0% |
| Kuwait | 13.0 | 12.6 | 9.2 | 10.4 | -7.2% |
| United Arab Emirates | 4.9 | 7.4 | 9.9 | 9.5 | 24.7% |
| Panama | 15.4 | 9.9 | 5.8 | 8.1 | -19.3% |
| Belize | 7.0 | 5.0 | 6.3 | 6.7 | -1.4% |
| Saudi Arabia | 9.5 | 8.2 | 4.5 | 3.6 | -27.6% |
| Trinidad and Tobago | 4.7 | 3.0 | 0.1 | 2.5 | -19.0% |
| Qatar | 4.6 | 2.6 | 2.2 | 2.2 | -21.8% |
| Venezuela | 0.5 | 0.1 | 0.1 | 1.8 | 53.3% |
| Sri Lanka | 1.3 | 0.7 | 1.3 | 1.6 | 7.2% |
| Libya | 8.0 | 1.8 | 2.3 | 1.5 | -42.8% |
| Suriname | 3.8 | 2.7 | 4.3 | 0.8 | -40.5% |
| Others | 22.3 | 11.2 | 16.9 | 9.6 | -24.5% |
| Total | 103 | 76.9 | 86.4 | 101 | -0.7% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from India in 2022:
- Singapore (1352.0M units)
- Bhutan (933.2M units)
- Kuwait (553.4M units)
- United Arab Emirates (506.2M units)
- Panama (434.9M units)
- Belize (356.6M units)
- Saudi Arabia (193.6M units)
- Trinidad and Tobago (131.6M units)
- Qatar (119.7M units)
- Venezuela (98.9M units)
- Sri Lanka (82.9M units)
- Libya (82.2M units)
- Suriname (42.0M units)
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in India
In 2022, supplies from abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses increased by 149% to 1.2B units for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a strong expansion. 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 $26M in 2022. Over the period under review, imports showed buoyant growth. As a result, imports reached 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 3.7 | 2.4 | 0.7 | 9.6 | 37.4% |
| Singapore | 5.4 | 2.9 | 4.7 | 9.1 | 19.0% |
| Indonesia | 0.5 | 0.5 | 0.8 | 1.6 | 47.4% |
| Turkey | 0.2 | 0.4 | 0.8 | 1.5 | 95.7% |
| United Arab Emirates | 1.7 | 1.2 | 0.8 | 1.2 | -11.0% |
| Serbia | 4.1 | 0.8 | N/A | 0.8 | -42.0% |
| China | 1.2 | 0.6 | N/A | 0.6 | -20.6% |
| Philippines | N/A | 5.0 | 0.2 | 0.5 | -68.4% |
| Germany | 2.6 | 1.3 | 0.5 | 0.2 | -57.5% |
| Others | 1.2 | 0.9 | 1.6 | 1.3 | 2.7% |
| Total | 20.5 | 16.0 | 10.1 | 26.5 | 8.9% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to India in 2022:
- Switzerland (440.2M units)
- Singapore (418.0M units)
- Indonesia (74.1M units)
- Turkey (66.9M units)
- United Arab Emirates (56.9M units)
- Serbia (37.2M units)
- China (30.4M units)
- Philippines (22.9M units)
- Germany (6.6M units)
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