U.S. - Cigars, Cheroots And Cigarillos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCigars And Cigarillos Prices in the United States
U.S. Cigars And Cigarillos Import Price per Ton in August 2022
In August 2022, the cigars and cigarillos price per ton stood at $152.9K (CIF, US), rising by 6.2% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in February 2022 an increase of 17% m-o-m. As a result, import price attained the peak level of $158.5K per ton. From March 2022 to August 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Nicaragua ($806.2K per ton), while the price for Indonesia ($62.5K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
U.S. Cigars And Cigarillos Imports
After three months of growth, purchases abroad of cigars, cheroots and cigarillos decreased by -0.9% to 894 tons in August 2022. Over the period under review, total imports indicated a buoyant expansion from January 2022 to August 2022: its volume increased at an average monthly rate of +7.1% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -0.9% against July 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 60% m-o-m. As a result, imports reached the peak of 1,000 tons. From April 2022 to August 2022, the growth of imports failed to regain momentum.
In value terms, cigars and cigarillos imports rose markedly to $137M (IndexBox estimates) in August 2022. Overall, total imports indicated a buoyant increase from January 2022 to August 2022: its value increased at an average monthly rate of +8.9% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -2.1% against March 2022 indices. The pace of growth was the most pronounced in March 2022 with an increase of 41% month-to-month. As a result, imports attained the peak of $140M. From April 2022 to August 2022, the growth of imports remained at a somewhat lower figure.
U.S. Cigars And Cigarillos Imports by Country
In August 2022, the Dominican Republic (814 tons) was the main cigars and cigarillos supplier to the United States, accounting for a 91% share of total imports. Moreover, cigars and cigarillos imports from the Dominican Republic exceeded the figures recorded by the second-largest supplier, Nicaragua (39 tons), more than tenfold. Honduras (22 tons) ranked third in terms of total imports with a 2.5% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from the Dominican Republic totaled +7.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Nicaragua (+9.8% per month) and Honduras (+25.2% per month).
In value terms, the Dominican Republic ($90M) constituted the largest supplier of cigars and cigarillos to the United States, comprising 66% of total imports. The second position in the ranking was taken by Nicaragua ($31M), with a 23% share of total imports. It was followed by Honduras, with a 9.8% share.
From January 2022 to August 2022, the average monthly growth rate of value from the Dominican Republic totaled +8.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Nicaragua (+8.9% per month) and Honduras (+15.0% per month).
This report provides an in-depth analysis of the cigars and cigarillos market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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