Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay - 2023
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay (FOB) - 2022
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay (CIF) - 2022
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay (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, growing by 5.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $11 per thousand units in 2014; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($25 per thousand units), while the average price for exports to Paraguay ($9.9 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 Belize (+9.5%), 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 Uruguay (CIF) - 2022
The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $18 per thousand units in 2022, jumping by 52% against the previous year. In general, the import price recorded a moderate increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 66%. The import price peaked at $28 per thousand units in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($21 per thousand units), while the price for Brazil amounted to $18 per thousand units.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-2.1%).
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay
In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses exported from Uruguay reduced to 989M units, waning by -2.9% against 2021. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 45%. The exports peaked at 1.5B units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $11M in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. Over the period under review, the exports of reached the peak figure at $16M 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 Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 1.1 | 0.7 | 6.1 | 5.5 | 71.0% |
| Panama | 4.9 | 0.7 | 2.6 | 3.4 | -11.5% |
| Curacao | 1.3 | N/A | 0.1 | 0.7 | -18.6% |
| Japan | 0.4 | 0.7 | 0.5 | 0.7 | 20.5% |
| Belize | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
| Paraguay | 6.6 | 4.6 | 0.4 | 0.1 | -75.3% |
| Suriname | 0.5 | 0.3 | 0.2 | N/A | -36.8% |
| Others | 0.9 | 0.5 | 0.3 | 0.1 | -51.9% |
| Total | 15.7 | 7.5 | 10.5 | 10.7 | -12.0% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Uruguay in 2022:
- Aruba (507.8M units)
- Panama (326.6M units)
- Curacao (70.1M units)
- Japan (45.2M units)
- Belize (18.0M units)
- Paraguay (8.6M units)
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay
In 2022, after three years of growth, there was decline in overseas purchases of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, when their volume decreased by -3.3% to 348M units. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, imports attained the peak of 360M units, and then declined modestly in the following year.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses soared to $6.3M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.6 | 3.5 | 3.5 | 5.7 | 16.6% |
| Chile | 0.7 | 0.5 | 0.6 | 0.5 | -10.6% |
| Colombia | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 4.8 | 4.1 | 4.3 | 6.3 | 9.5% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Uruguay in 2022:
- Brazil (321.5M units)
- Chile (24.7M units)
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