Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Saudi Arabia - 2022
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Saudi Arabia (FOB) - 2022
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Saudi Arabia
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Saudi Arabia (FOB) - 2022
The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at less than $0.1 per unit in 2021, with an increase of 20% against the previous year. In general, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2015 an increase of 1,264%. The export price peaked at $0.2 per unit in 2018; however, from 2019 to 2021, 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 Switzerland (less than $0.1 per unit), while the average price for exports to Kuwait (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Saudi Arabia
After three years of growth, overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -94.4% to 6.5M units in 2022. In general, exports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 108% against the previous year. The exports peaked at 117M units in 2021, and then contracted rapidly in the following year.
In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank remarkably to $155K in 2022. Overall, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 147% against the previous year. Over the period under review, the exports of reached the peak figure at $2M in 2021, and then declined markedly in the following year.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Yemen | 1,041 | 541 | -48.0% |
| United Arab Emirates | 31.3 | 483 | 1443.1% |
| Netherlands | 4,601 | 365 | -92.1% |
| Kuwait | 235 | 320 | 36.2% |
| Pakistan | N/A | 261 | 0% |
| Somalia | 335 | N/A | 0% |
| Bahrain | 139 | N/A | 0% |
| Others | -5,126.1 | 32.7 | -100.6% |
| Total | 1,255 | 2,002 | 59.5% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Saudi Arabia in 2022:
- Kuwait (293.9M units)
- Yemen (154.5M units)
- Netherlands (62.4M units)
- United Arab Emirates (56.3M units)
- Pakistan (52.8M units)
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