Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya - 2022
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $17 per thousand units in 2022, growing by 2.2% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -3.0% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 30%. Over the period under review, average import prices attained the peak figure at $18 per thousand units in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($21 per thousand units), while the price for Serbia ($5.8 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.4%), 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 Libya (FOB) - 2022
The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $3.6 per thousand units in 2022, increasing by 69% against the previous year. Overall, the export price, however, recorded a abrupt slump. Over the period under review, the average export prices reached the maximum at $13 per thousand units in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +73.3% per year.
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya
In 2022, after three years of growth, there was significant decline in supplies from abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, when their volume decreased by -21.9% to 28B units. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, imports reached the peak of 36B units, and then fell notably in the following year.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses dropped remarkably to $474M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Imports peaked at $594M in 2021, and then shrank notably in the following year.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 324 | 432 | 496 | 383 | 5.7% |
| Greece | 38.8 | 35.7 | 42.9 | 42.0 | 2.7% |
| Bulgaria | 2.1 | 2.7 | 9.4 | 17.0 | 100.8% |
| South Korea | 25.8 | 19.1 | 10.1 | 11.2 | -24.3% |
| Turkey | 0.2 | N/A | N/A | 7.9 | 240.6% |
| Serbia | 0.2 | 3.0 | 5.4 | 4.5 | 182.3% |
| Russia | 0.3 | 1.8 | 14.2 | N/A | 588.0% |
| Others | 49.7 | 21.4 | 16.0 | 7.5 | -46.8% |
| Total | 441 | 516 | 594 | 474 | 2.4% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Libya in 2022:
- United Arab Emirates (18.6B units)
- Greece (3.8B units)
- Bulgaria (1.5B units)
- South Korea (1.3B units)
- Turkey (1.1B units)
- Serbia (0.8B units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya
In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses exported from Libya fell to 3.1M units, waning by -12.3% against 2021 figures. Overall, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 115% against the previous year. As a result, the exports reached the peak of 3.5M units, and then contracted in the following year.
In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses skyrocketed to $11K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | N/A | N/A | 7.2 | 10.9 | 51.4% |
| Malta | N/A | 6.3 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 1.1 | N/A | N/A | 0% |
| Mauritania | 7.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Total | 7.4 | 7.5 | 7.5 | 11.1 | 14.5% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Libya in 2022:
- Niger (3.1M units)
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