Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia - 2024
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $19 per thousand units in 2022, approximately reflecting the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 13% against the previous year. The import price peaked at $20 per thousand units in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 ($51 per thousand units), while the price for the Czech Republic ($10 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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia (FOB) - 2022
The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $14 per thousand units in 2022, dropping by -11.8% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices hit record highs at $18 per thousand units in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($42 per thousand units), while the average price for exports to Lithuania ($11 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 Russia (+0.5%), while the prices for the other major destinations experienced a decline.
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia
In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses imported into Latvia dropped to 3.7B units, which is down by -8.5% compared with the year before. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 0.5% against the previous year. Over the period under review, imports of reached the maximum at 4.8B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses dropped to $69M in 2022. Over the period under review, imports showed a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 0.9% against the previous year. Imports peaked at $79M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 30.7 | 27.7 | 30.9 | 29.5 | -1.3% |
| Lithuania | 26.7 | 18.7 | 22.1 | 16.1 | -15.5% |
| Romania | 10.6 | 10.6 | 11.2 | 11.2 | 1.9% |
| Germany | 2.6 | 2.5 | 3.3 | 4.8 | 22.7% |
| Czech Republic | 3.2 | 3.1 | 2.2 | 2.8 | -4.4% |
| Netherlands | 2.3 | 9.3 | 2.9 | 2.3 | 0.0% |
| Cyprus | 1.9 | 1.6 | 1.2 | 0.5 | -35.9% |
| Others | 1.2 | 1.0 | 1.1 | 2.0 | 18.6% |
| Total | 79.1 | 74.4 | 75.1 | 69.1 | -4.4% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Latvia in 2022:
- Lithuania (1428.6M units)
- Poland (1292.9M units)
- Romania (399.7M units)
- Czech Republic (263.7M units)
- Germany (93.1M units)
- Netherlands (80.6M units)
- Cyprus (51.1M units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Latvia
In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses exported from Latvia fell to 1.8B units, waning by -2.6% against the previous year. Over the period under review, exports saw a abrupt setback. The exports peaked at 2.3B units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses contracted to $25M in 2022. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. The exports peaked at $30M 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 Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 13.8 | 12.6 | 13.6 | 10.6 | -8.4% |
| Estonia | 11.3 | 10.4 | 11.0 | 10.1 | -3.7% |
| Russia | 1.3 | 1.5 | 2.3 | 1.7 | 9.4% |
| Georgia | 1.0 | 0.8 | 1.2 | 1.5 | 14.5% |
| Others | 2.4 | 1.0 | 1.1 | 1.1 | -22.9% |
| Total | 29.8 | 26.4 | 29.2 | 25.0 | -5.7% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Latvia in 2022:
- Lithuania (974.8M units)
- Estonia (669.6M units)
- Georgia (40.7M units)
- Russia (40.4M units)
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