Report Update Nov 1, 2024

Cuba - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in Cuba

The Cuban cigarettes containing tobacco market expanded markedly to $X in 2022, increasing by 6.5% against the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cigarettes Containing Tobacco Production in Cuba

In value terms, cigarettes containing tobacco production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 45%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Cigarettes Containing Tobacco Exports

Exports from Cuba

In 2022, shipments abroad of cigarettes containing tobacco was finally on the rise to reach X tons after two years of decline. Overall, exports continue to indicate a tangible expansion. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for cigarettes containing tobacco exports from Cuba, with a 97% share of total exports. It was followed by Japan (X tons), with a 2.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil amounted to +156.5%.

In value terms, Brazil ($X) emerged as the key foreign market for cigarettes containing tobacco exports from Cuba, comprising 85% of total exports. The second position in the ranking was taken by Japan ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil stood at +140.9%.

Export Prices by Country

In 2022, the average cigarettes containing tobacco export price amounted to $X per ton, declining by -83% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2021 an increase of 228% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Cigarettes Containing Tobacco Imports

Imports into Cuba

After two years of growth, purchases abroad of cigarettes containing tobacco decreased by -5.6% to X tons in 2022. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 158% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cigarettes containing tobacco imports shrank notably to $X in 2022. In general, imports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 220%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Bulgaria (X tons) constituted the largest cigarettes containing tobacco supplier to Cuba, with a 44% share of total imports. Moreover, cigarettes containing tobacco imports from Bulgaria exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bulgaria was relatively modest.

In value terms, Bulgaria ($X) constituted the largest supplier of cigarettes containing tobacco to Cuba, comprising 43% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Bulgaria was relatively modest.

Import Prices by Country

In 2022, the average cigarettes containing tobacco import price amounted to $X per ton, with a decrease of -30.5% against the previous year. Over the period under review, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 103%. The import price peaked at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for Bulgaria totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-3.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cigarettes containing tobacco in the world?

The country with the largest volume of cigarettes containing tobacco consumption was Russia, accounting for 97% of total volume.

What are the largest producers of cigarettes containing tobacco in the world?

Russia constituted the country with the largest volume of cigarettes containing tobacco production, accounting for 97% of total volume.

What are the leading suppliers of cigarettes containing tobacco to Cuba?

In value terms, Poland, Greece and Germany constituted the largest cigarettes containing tobacco suppliers to Cuba.

What are the leading importers of cigarettes containing tobacco from Cuba?

In value terms, Japan remains the key foreign market for cigarettes containing tobacco exports from Cuba.

What is the average export price for cigarettes containing tobacco in Cuba?

In 2021, the average cigarettes containing tobacco export price amounted to $27,504 per ton, with an increase of 61% against the previous year.

What is the average import price for cigarettes containing tobacco in Cuba?

In 2021, the average cigarettes containing tobacco import price amounted to $18,041 per ton, picking up by 110% against the previous year.

This report provides an in-depth analysis of the cigarettes containing 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 12001150 - Cigarettes containing tobacco or mixtures of tobacco and tobacco substitutes (excluding tobacco duty)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023