Report Update Nov 1, 2024

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

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Northern America: Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size in Northern America

The North American cigars and cigarillos market fell to $X in 2022, shrinking by -8.6% against the previous year. Overall, consumption, however, recorded buoyant growth. The level of consumption peaked at $X in 2021, and then fell in the following year.

Cigars And Cigarillos Production in Northern America

In value terms, cigars and cigarillos production declined rapidly to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 529% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Cigars And Cigarillos Exports

Exports in Northern America

After six years of growth, overseas shipments of cigars, cheroots and cigarillos decreased by -32% to X tons in 2022. In general, exports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2019 with an increase of 25%. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped notably in the following year.

In value terms, cigars and cigarillos exports shrank significantly to $X in 2022. Over the period under review, exports faced a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by 24% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of cigars, cheroots and cigarillos, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the cigars, cheroots and cigarillos exports, with a CAGR of -2.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest cigars and cigarillos supplier in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to -11.5%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, dropping by -14.9% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 when the export price increased by 8%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -9.6% per year.

Cigars And Cigarillos Imports

Imports in Northern America

In 2022, supplies from abroad of cigars, cheroots and cigarillos decreased by -8.4% to X tons for the first time since 2011, thus ending a ten-year rising trend. In general, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 30%. Over the period under review, imports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, cigars and cigarillos imports fell slightly to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +118.1% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

The United States (X tons) represented roughly 100% of total imports in 2022.

The United States was also the fastest-growing in terms of the cigars, cheroots and cigarillos imports, with a CAGR of +13.8% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported cigars, cheroots and cigarillos in Northern America.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +8.5%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, picking up by 6.2% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of cigars and cigarillos consumption was the United States, accounting for 96% of total volume. Moreover, cigars and cigarillos consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.

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

The country with the largest volume of cigars and cigarillos production was Canada, comprising approx. 100% of total volume.

What are the leading exporters of cigars, cheroots and cigarillos in Northern America?

In value terms, the United States remains the largest cigars and cigarillos supplier in Northern America.

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

The cigars and cigarillos export price in Northern America stood at $50,857 per ton in 2021, reducing by -7.8% against the previous year.

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

The cigars and cigarillos import price in Northern America stood at $18,672 per ton in 2021, picking up by 5.2% against the previous year.

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

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023