Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand - 2024
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand (CIF) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $23 per thousand units in 2022, rising by 5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 an increase of 11% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($22 per thousand units) and Indonesia ($22 per thousand units), while the price for Singapore ($22 per thousand units) and South Korea ($22 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.2%), 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 New Zealand (FOB) - 2022
In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $20 per thousand units, increasing by 9.9% against the previous year. Over the period under review, the export price saw a moderate expansion. The pace of growth was the most pronounced in 2014 an increase of 254%. The export price peaked at $20 per thousand units in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($22 per thousand units) and the Netherlands ($19 per thousand units), while the average price for exports to Singapore ($19 per thousand units) and Germany ($19 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (+3,513.2%), 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 New Zealand
In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses imported into New Zealand shrank notably to 3.5B units, waning by -34.9% against the previous year's figure. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. As a result, imports reached the peak of 5.4B units, and then shrank notably in the following year.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses dropped sharply to $79M in 2022. Overall, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of $115M, and then reduced notably in the following year.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 91.6 | 47.4 | 79.6 | 45.2 | -21.0% |
| Taiwan (Chinese) | N/A | 6.4 | 19.2 | 17.0 | 63.0% |
| Indonesia | 10.3 | 7.2 | 11.5 | 12.3 | 6.1% |
| Others | 4.3 | 6.3 | 4.8 | 4.6 | 2.3% |
| Total | 106 | 67.3 | 115 | 79.0 | -9.3% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to New Zealand in 2022:
- Singapore (2073.9M units)
- Taiwan (Chinese) (780.4M units)
- Indonesia (562.8M units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in New Zealand
For the third consecutive year, New Zealand recorded decline in overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, which decreased by -38.7% to 121M units in 2022. In general, exports saw a sharp decrease. The smallest decline of -35.5% was in 2020. The exports peaked at 2.2B 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 shrank rapidly to $2.4M in 2022. Over the period under review, exports showed a dramatic contraction. Over the period under review, the exports of attained the peak figure at $39M 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 New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 37.0 | 21.6 | 0.8 | 1.1 | -69.0% |
| Singapore | 1.1 | 2.1 | 1.3 | 0.7 | -14.0% |
| Germany | 1.1 | N/A | 1.3 | 0.3 | -35.2% |
| Netherlands | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 39.3 | 23.8 | 3.6 | 2.4 | -60.6% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from New Zealand in 2022:
- Australia (49.9M units)
- Singapore (34.9M units)
- Germany (18.1M units)
- Netherlands (10.8M units)
- Indonesia (5.5M units)
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