Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco - 2023
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $21 per thousand units in 2022, increasing by 16% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the peak figure at $29 per thousand units in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($79 per thousand units), while the price for Turkey ($16 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+3.9%), 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 Morocco (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, increasing by 6.3% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +90.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 53% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($0.1 per unit), while the average price for exports to Spain totaled $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+59.0%), 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 Morocco
Imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses into Morocco shrank to 6.3B units in 2022, falling by -6.4% on 2021 figures. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 3.4%. Imports peaked at 7.6B 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 expanded remarkably to $130M in 2022. In general, imports saw a abrupt shrinkage. Imports peaked at $167M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 80.3 | 70.3 | 73.6 | 74.1 | -2.6% |
| Serbia | 11.9 | 2.7 | 3.1 | 18.2 | 15.2% |
| Ukraine | 0.6 | 8.1 | 28.7 | 12.1 | 172.2% |
| Turkey | 48.2 | 21.2 | 9.4 | 10.4 | -40.0% |
| United States | 0.4 | 0.1 | 0.1 | 7.0 | 159.6% |
| Others | 25.9 | 8.4 | 4.6 | 8.3 | -31.6% |
| Total | 167 | 111 | 119 | 130 | -8.0% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Morocco in 2022:
- Switzerland (4.3B units)
- Turkey (0.7B units)
- Ukraine (0.6B units)
- Serbia (0.4B units)
- United States (0.1B units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Morocco
In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Morocco soared to 423M units, jumping by 100% on 2021 figures. Overall, exports, however, continue to indicate a sharp downturn. The exports peaked at 1.1B 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 $54M in 2022. Over the period under review, exports, however, showed a abrupt decrease. The exports peaked at $70M 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 946 | 30.9 | 81.4 | 291 | -32.5% |
| Others | 69,486 | 20,415 | 25,322 | 53,597 | -8.3% |
| Total | 70,432 | 20,446 | 25,403 | 53,888 | -8.5% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Morocco in 2022:
- Spain (5.7M units)
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