Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay - 2024
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay (FOB) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay (CIF) - 2022
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay (FOB) - 2022
The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $11 per thousand units in 2022, increasing by 31% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16 per thousand units), while the average price for exports to British Virgin Islands ($8.3 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 (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay (CIF) - 2022
In 2022, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $11 per thousand units, approximately equating the previous year. In general, the import price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by 3.1%. Over the period under review, average import prices attained the peak figure at $16 per thousand units in 2012; however, from 2013 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 Chile ($18 per thousand units), while the price for the United Arab Emirates ($3.9 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay
In 2022, overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -0.2% to 3B units, falling for the second year in a row after two years of growth. In general, exports saw a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of 34%. As a result, the exports reached the peak of 4.4B units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses surged to $34M 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 +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, the exports attained the peak of $37M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Suriname | 7.2 | 16.9 | 12.9 | 14.8 | 27.1% |
| Aruba | 9.9 | 9.7 | 8.8 | 8.3 | -5.7% |
| United States | 0.5 | 0.8 | 0.3 | 5.7 | 125.1% |
| Bolivia | 1.7 | 1.5 | 2.0 | 1.7 | 0.0% |
| Curacao | 2.2 | 1.4 | N/A | 1.5 | -12.0% |
| Mexico | 0.8 | 1.6 | 0.5 | 0.7 | -4.4% |
| British Virgin Islands | 0.9 | 0.2 | 0.2 | 0.7 | -8.0% |
| Trinidad and Tobago | N/A | 3.4 | N/A | N/A | 0% |
| Panama | 1.8 | 1.3 | 0.5 | N/A | -47.3% |
| Others | 0.3 | 0.5 | 0.8 | 0.7 | 32.6% |
| Total | 25.3 | 37.1 | 26.1 | 34.1 | 10.5% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Paraguay in 2022:
- Suriname (1521.3M units)
- Aruba (678.7M units)
- United States (351.6M units)
- Bolivia (163.2M units)
- Curacao (105.3M units)
- British Virgin Islands (83.2M units)
- Mexico (82.5M units)
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Paraguay
For the third year in a row, Paraguay recorded decline in purchases abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, which decreased by -18.5% to 1.3B units in 2022. Overall, imports saw a deep slump. The smallest decline of -16% was in 2021. Imports peaked at 2.4B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank notably to $14M in 2022. Over the period under review, imports showed a dramatic descent. Over the period under review, imports of attained the maximum at $30M 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 Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.2 | 6.7 | 9.4 | 10.7 | 9.3% |
| Chile | 11.4 | 10.9 | 4.7 | 1.5 | -49.1% |
| Indonesia | 2.6 | 1.4 | 1.5 | 0.9 | -29.8% |
| United Arab Emirates | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Uruguay | 6.8 | 4.5 | 0.5 | 0.1 | -75.5% |
| Others | 1.1 | 0.9 | 0.9 | 0.4 | -28.6% |
| Total | 30.2 | 24.4 | 17.2 | 14.0 | -22.6% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Paraguay in 2022:
- Brazil (982.5M units)
- Indonesia (129.1M units)
- United Arab Emirates (102.0M units)
- Chile (84.3M units)
- Uruguay (8.6M units)
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