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Cuba - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Tobacco Market 2024
Tobacco Market Size in Cuba
The Cuban tobacco market contracted to $X in 2021, declining by -10.3% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.
Tobacco Production in Cuba
In value terms, tobacco production declined to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 38%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.
Tobacco Exports
Exports from Cuba
In 2021, approx. X kg of tobacco (smoking tobacco, chewing tobacco, snuff) were exported from Cuba; rising by 142% compared with 2020 figures. Overall, exports, however, showed a deep downturn. The growth pace was the most rapid in 2019 with an increase of 162%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, tobacco exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a dramatic downturn. The growth pace was the most rapid in 2019 when exports increased by 117% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
Singapore (X kg) was the main destination for tobacco exports from Cuba, with a 41% share of total exports. Moreover, tobacco exports to Singapore exceeded the volume sent to the second major destination, Malaysia (X kg), threefold. Uruguay (X kg) ranked third in terms of total exports with an 11% share.
From 2012 to 2021, the average annual growth rate of volume to Singapore amounted to +36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+14.7% per year) and Uruguay (+1,950.0% per year).
In value terms, Malaysia ($X) remains the key foreign market for tobacco (smoking tobacco, chewing tobacco, snuff) exports from Cuba, comprising 47% of total exports. The second position in the ranking was held by Singapore ($X), with a 20% share of total exports. It was followed by Australia, with a 7.7% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia stood at +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+26.7% per year) and Australia (-39.1% per year).
Export Prices by Country
In 2021, the average tobacco export price amounted to $X per ton, reducing by -29.3% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 105%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+36.6%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Imports
Imports into Cuba
In 2021, supplies from abroad of tobacco (smoking tobacco, chewing tobacco, snuff) decreased by -50.6% to X tons, falling for the second consecutive year after three years of growth. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 89%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, tobacco imports reduced notably to $X in 2021. Over the period under review, imports saw a pronounced decrease. The pace of growth was the most pronounced in 2018 when imports increased by 139% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, Brazil (X tons) was the main supplier of tobacco to Cuba, with a approx. 99.9% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil was relatively modest.
In value terms, Brazil ($X) constituted the largest supplier of tobacco (smoking tobacco, chewing tobacco, snuff) to Cuba.
From 2012 to 2021, the average annual rate of growth in terms of value from Brazil amounted to +1.3%.
Import Prices by Country
The average tobacco import price stood at $X per ton in 2021, with a decrease of -15.2% against the previous year. Overall, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2014 an increase of 55%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to +1.4% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tobacco market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 12001930 - Smoking tobacco (excluding tobacco duty)
- Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.
Country coverage:
- Cuba
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cuba
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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