Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru - 2022

Contents:

  1. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru (CIF) - 2022
  2. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru (FOB) - 2022
  3. Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru
  4. Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru (CIF) - 2022

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $14 per thousand units in 2022, surging by 5.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 16% against the previous year. Over the period under review, average import prices reached the peak figure at $17 per thousand units in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 China ($38 per thousand units), while the price for Brazil ($8.6 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cuba (+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 Peru (FOB) - 2022

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $54 per thousand units, shrinking by -18.6% against the previous year. In general, the export price, however, showed a significant expansion. The growth pace was the most rapid in 2019 when the average export price increased by 223% against the previous year. As a result, the export price attained the peak level of $76 per thousand units. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($96 per thousand units), while the average price for exports to Indonesia ($7.2 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 (+6.8%), 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 Peru

In 2022, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses into Peru soared to 804M units, jumping by 30% compared with 2021 figures. Over the period under review, imports, however, showed a dramatic decline. Over the period under review, imports of attained the maximum at 1.7B 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 skyrocketed to $11M in 2022. In general, imports, however, recorded a sharp downturn. Imports peaked at $29M 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 Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile17.06.16.98.4-20.9%
United States0.70.30.21.631.7%
China5.62.30.60.7-50.0%
BrazilN/AN/AN/A0.30%
Colombia1.30.10.20.1-57.5%
Panama1.10.2N/AN/A-81.8%
HondurasN/A0.10.4N/A300.0%
Netherlands2.6N/AN/AN/A0%
Others0.60.60.10.2-30.7%
Total28.89.58.311.3-26.8%

Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Peru in 2022:

  1. Chile (634.4M units)
  2. United States (89.4M units)
  3. Brazil (39.7M units)
  4. China (17.7M units)
  5. Colombia (7.5M units)

Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru

In 2022, after three years of growth, there was significant decline in overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, when their volume decreased by -79.8% to 3.4M units. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 676% against the previous year. Over the period under review, the exports of reached the peak figure at 17M units in 2021, and then reduced notably in the following year.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses plummeted to $187K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 345% against the previous year. As a result, the exports attained the peak of $1.1M, and then fell notably in the following year.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy73.953.21,07614625.5%
Belgium10.857.4N/A30.140.7%
IndonesiaN/AN/AN/A7.80%
SpainN/A146N/AN/A0%
Ecuador4.3N/A59.6N/A272.3%
Others0.1N/A4.33.0210.7%
Total89.12561,14018728.0%

Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Peru in 2022:

  1. Italy (1533.0K units)
  2. Indonesia (1087.6K units)
  3. Belgium (366.6K units)

Source: IndexBox Market Intelligence Platform

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