Report Update Nov 1, 2024

Cuba - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: 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) :

What are the largest markets for tobacco (smoking tobacco, chewing tobacco, snuff) in the world?

The countries with the highest volumes of tobacco consumption in 2021 were China, India and Turkey, together accounting for 30% of global consumption.

What are the largest producers of tobacco (smoking tobacco, chewing tobacco, snuff) in the world?

The countries with the highest volumes of tobacco production in 2021 were China, India and Turkey, with a combined 30% share of global production.

What are the leading suppliers of tobacco (smoking tobacco, chewing tobacco, snuff) to Cuba?

In value terms, Brazil constituted the largest supplier of tobacco to Cuba.

What are the leading importers of tobacco (smoking tobacco, chewing tobacco, snuff) from Cuba?

In value terms, the largest markets for tobacco exported from Cuba were Singapore, Malaysia and Australia, together accounting for 92% of total exports.

What is the average export price for tobacco (smoking tobacco, chewing tobacco, snuff) in Cuba?

The average tobacco export price stood at $41,376 per ton in 2021, with an increase of 16% against the previous year.

What is the average import price for tobacco (smoking tobacco, chewing tobacco, snuff) in Cuba?

In 2021, the average tobacco import price amounted to $3,022 per ton, surging by 4.2% against the previous year.

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.

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