Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal - 2022
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $29 per thousand units in 2022, picking up by 1.8% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 increased by +100.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 the United Arab Emirates ($60 per thousand units), while the price for Hong Kong SAR ($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 Taiwan (Chinese) (+22.5%), 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 Nepal (FOB) - 2022
The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $16 per thousand units in 2022, with an increase of 2.7% against the previous year. Overall, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 66%. The export price peaked at $40 per thousand units in 2013; however, from 2014 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 the United States ($18 per thousand units), while the average price for exports to Germany ($0.3 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 the United States (-5.9%), 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 Nepal
In 2022, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses into Nepal dropped significantly to 5.2M units, shrinking by -55.3% compared with 2021. Overall, imports saw a dramatic decline. The smallest decline of -26.6% was in 2021. Imports peaked at 36M 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 contracted significantly to $150K in 2022. Over the period under review, imports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 3.9%. Imports peaked at $515K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 110 | 122 | N/A | 56.7 | -19.8% |
| Indonesia | 350 | 148 | 234 | 34.1 | -54.0% |
| Taiwan (Chinese) | N/A | 4.7 | 9.4 | 11.5 | 56.4% |
| United Arab Emirates | 7.0 | 8.6 | 41.4 | 11.0 | 16.3% |
| Philippines | 0.2 | 0.2 | 0.3 | 9.4 | 260.9% |
| Malaysia | 29.3 | 19.0 | 27.0 | 7.7 | -35.9% |
| Hong Kong SAR | 7.5 | 11.3 | 7.6 | 5.8 | -8.2% |
| South Korea | N/A | N/A | 6.3 | 2.9 | -54.0% |
| Others | 10.2 | 4.6 | 4.5 | 11.4 | 3.8% |
| Total | 515 | 318 | 331 | 150 | -33.7% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Nepal in 2022:
- India (1998.2K units)
- Indonesia (1417.6K units)
- Taiwan (Chinese) (478.6K units)
- Philippines (316.2K units)
- Hong Kong SAR (286.9K units)
- Malaysia (238.1K units)
- United Arab Emirates (183.5K units)
- South Korea (119.2K units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal
In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses exported from Nepal fell to 865K units, which is down by -3.1% on the year before. Over the period under review, exports showed a abrupt contraction. The exports peaked at 1.1M 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 reduced to $14K in 2022. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at $14K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.7 | 13.7 | 13.6 | 13.5 | -0.5% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| Malaysia | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.8 | 13.7 | 13.6 | 13.6 | -0.5% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Nepal in 2022:
- United States (761.3K units)
- Malaysia (62.6K units)
- Germany (26.2K units)
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