Report Update Nov 1, 2024

Kuwait - Cigars, Cheroots and Cigarillos - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size in Kuwait

The Kuwaiti cigars and cigarillos market declined to $X in 2022, with a decrease of -1.7% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Cigars And Cigarillos Production in Kuwait

In value terms, cigars and cigarillos production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible decrease. The growth pace was the most rapid in 2016 with an increase of 13%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Cigars And Cigarillos Exports

Exports from Kuwait

In 2022, exports of cigars, cheroots and cigarillos from Kuwait amounted to X tons, picking up by 4.4% against the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2019 with an increase of 2,205%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigars and cigarillos exports declined to $X in 2022. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 1,602% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for cigars and cigarillos exports from Kuwait, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +37.7%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for cigars, cheroots and cigarillos exports from Kuwait.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +19.4%.

Export Prices by Country

The average cigars and cigarillos export price stood at $X per ton in 2022, declining by -12.2% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 159% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -13.3% per year.

Cigars And Cigarillos Imports

Imports into Kuwait

Cigars and cigarillos imports into Kuwait fell dramatically to X tons in 2022, which is down by -33.4% against 2021. Overall, imports, however, recorded temperate growth. The pace of growth was the most pronounced in 2021 when imports increased by 115%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cigars and cigarillos imports contracted markedly to $X in 2022. In general, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 166%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest cigars and cigarillos supplier to Kuwait, accounting for a 65% share of total imports. Moreover, cigars and cigarillos imports from India exceeded the figures recorded by the second-largest supplier, Cuba (X kg), sevenfold. The third position in this ranking was held by Cyprus (X kg), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Cuba (+6.1% per year) and Cyprus (-2.0% per year).

In value terms, Cyprus ($X), India ($X) and Cuba ($X) appeared to be the largest cigars and cigarillos suppliers to Kuwait, with a combined 63% share of total imports. Germany, the United States and the Dominican Republic lagged somewhat behind, together accounting for a further 15%.

Germany, with a CAGR of +12.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cigars and cigarillos import price amounted to $X per ton, surging by 3.3% against the previous year. Overall, the import price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 69%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cyprus ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cigars, cheroots and cigarillos in the world?

The countries with the highest volumes of cigars and cigarillos consumption in 2021 were the United States, China and India, together accounting for 39% of global consumption.

What are the largest producers of cigars, cheroots and cigarillos in the world?

China constituted the country with the largest volume of cigars and cigarillos production, accounting for 15% of total volume. Moreover, cigars and cigarillos production in China exceeded the figures recorded by the second-largest producer, the Dominican Republic, twofold. The third position in this ranking was occupied by India, with a 5.8% share.

What are the leading suppliers of cigars, cheroots and cigarillos to Kuwait?

In value terms, Cyprus constituted the largest supplier of cigars and cigarillos to Kuwait, comprising 48% of total imports. The second position in the ranking was occupied by India, with an 18% share of total imports. It was followed by Cuba, with a 12% share.

What are the leading importers of cigars, cheroots and cigarillos from Kuwait?

In value terms, the United Arab Emirates remains the key foreign market for cigars and cigarillos exports from Kuwait.

What is the average export price for cigars, cheroots and cigarillos in Kuwait?

In 2021, the average cigars and cigarillos export price amounted to $47,211 per ton, surging by 6.5% against the previous year.

What is the average import price for cigars, cheroots and cigarillos in Kuwait?

The average cigars and cigarillos import price stood at $72,324 per ton in 2021, dropping by -4.3% against the previous year.

This report provides an in-depth analysis of the cigars and cigarillos market in Kuwait. 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:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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