China - Cigars, Cheroots And Cigarillos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCigars And Cigarillos Prices in China
China Cigars And Cigarillos Import Price in September 2022
In September 2022, the cigars and cigarillos price stood at $1.0K per kg (CIF, China), with an increase of 281% against the previous month. In general, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Cuba ($1.5K per kg), while the price for Nicaragua ($189 per kg) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Cuba (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
China Cigars And Cigarillos Imports
After two months of decline, purchases abroad of cigars, cheroots and cigarillos decreased by -64.4% to 527 kg in September 2022. In general, imports, however, showed resilient growth. The growth pace was the most rapid in May 2022 when imports increased by 900% month-to-month. Over the period under review, imports hit record highs at 12 tons in June 2022; however, from July 2022 to September 2022, imports stood at a somewhat lower figure.
In value terms, cigars and cigarillos imports skyrocketed to $527K (IndexBox estimates) in September 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in May 2022 when imports increased by 627% m-o-m. Over the period under review, imports hit record highs at 2.8K tons in June 2022; however, from July 2022 to September 2022, imports failed to regain momentum.
China Cigars And Cigarillos Imports by Country
Cuba (299 kg), the Dominican Republic (150 kg) and Nicaragua (72 kg) were the main suppliers of cigars and cigarillos imports to China, with a combined 99% share of total imports.
From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Dominican Republic (with a CAGR of +28.4%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Cuba ($453K) constituted the largest supplier of cigars and cigarillos to China, comprising 86% of total imports. The second position in the ranking was held by the Dominican Republic ($57K), with an 11% share of total imports.
From January 2022 to September 2022, the average monthly growth rate of value from Cuba stood at +22.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Dominican Republic (+9.4% per month) and Nicaragua (-33.0% per month).
This report provides an in-depth analysis of the cigars and cigarillos market in China. 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 12001130 - Cigars, cheroots and cigarillos containing tobacco or mixtures of tobacco and tobacco substitutes (excluding tobacco duty)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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This report provides an in-depth analysis of the cigars and cigarillos market in China.
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This report provides an in-depth analysis of the cigarettes containing tobacco market in China.
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This report provides an in-depth analysis of the global cigars and cigarillos market.
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This report provides an in-depth analysis of the global cigarettes containing tobacco market.
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This report provides an in-depth analysis of the cigars and cigarillos market in China.
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This report provides an in-depth analysis of the cigarettes containing tobacco market in China.
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This report provides an in-depth analysis of the global cigars and cigarillos market.
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