Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Kenya - 2023

Contents:

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

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

The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $15 per thousand units in 2022, declining by -27.3% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +25.7% against 2017 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 41% against the previous year. As a result, the export price attained the peak level of $20 per thousand units, and then shrank sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($27 per thousand units), while the average price for exports to Rwanda ($6 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 Mauritius (+4.7%), 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 Kenya (CIF) - 2022

In 2022, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $12 per thousand units, picking up by 51% against the previous year. In general, the import price, however, recorded a perceptible downturn. The import price peaked at $26 per thousand units in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($16 per thousand units), while the price for the United Arab Emirates amounted to $12 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.3%).

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

In 2022, overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were finally on the rise to reach 4.6B units after two years of decline. Overall, exports, however, showed a abrupt slump. Over the period under review, the exports of reached the maximum at 6.5B 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 contracted notably to $67M in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $89M, and then reduced sharply in the following year.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritius38.331.059.944.65.2%
Democratic Republic of the Congo19.30.1N/A15.1-7.9%
Rwanda3.92.55.23.6-2.6%
Malawi3.41.84.92.8-6.3%
Uganda15.513.15.4N/A-41.0%
EgyptN/A13.810.9N/A-21.0%
Others3.21.52.41.1-29.9%
Total83.663.888.867.3-7.0%

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

  1. Democratic Republic of the Congo (1925.3M units)
  2. Mauritius (1627.4M units)
  3. Rwanda (602.5M units)
  4. Malawi (360.3M units)

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

In 2022, approx. 1.7B units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were imported into Kenya; increasing by 55% compared with 2021 figures. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 128% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses surged to $21M in 2022. Overall, imports recorded a significant expansion. 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 Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.99.77.417.944.8%
Vietnam0.50.60.92.673.2%
Others0.60.30.60.5-5.9%
Total7.010.68.921.044.2%

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

  1. United Arab Emirates (1494.1M units)
  2. Vietnam (166.8M units)

Source: IndexBox Market Intelligence Platform

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