Uruguay: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Uruguay

The Uruguayan cigars and cigarillos market shrank slightly to $X in 2022, leveling off at the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.6% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Cigars And Cigarillos Production in Uruguay

In value terms, cigars and cigarillos production fell modestly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 41%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Cigars And Cigarillos Exports

Exports from Uruguay

After three years of decline, overseas shipments of cigars, cheroots and cigarillos increased by 49% to X kg in 2022. Over the period under review, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 576%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigars and cigarillos exports surged to $X in 2022. Overall, exports, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2017 when exports increased by 538% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X kg) was the main destination for cigars and cigarillos exports from Uruguay, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Panama stood at +6.4%.

In value terms, Panama ($X) also remains the key foreign market for cigars, cheroots and cigarillos exports from Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama totaled +4.0%.

Export Prices by Country

In 2022, the average cigars and cigarillos export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cigars and cigarillos export price decreased by -0.4% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 64% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 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 Panama.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to -2.2% per year.

Cigars And Cigarillos Imports

Imports into Uruguay

Cigars and cigarillos imports into Uruguay fell rapidly to X tons in 2022, waning by -32.6% compared with the previous year. Over the period under review, imports showed a perceptible decline. The growth pace was the most rapid in 2013 with an increase of 51%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cigars and cigarillos imports reduced markedly to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 49% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then fell remarkably in the following year.

Imports by Country

Germany (X kg), the United States (X kg) and the Netherlands (X kg) were the main suppliers of cigars and cigarillos imports to Uruguay, together accounting for 75% of total imports. The Philippines, Cuba, Paraguay and the Dominican Republic lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +12,700.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Cuba ($X) appeared to be the largest cigars and cigarillos suppliers to Uruguay, with a combined 77% share of total imports.

In terms of the main suppliers, Cuba, with a CAGR of +25.5%, saw the highest growth rate of the value of imports, 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, with an increase of 11% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cigars and cigarillos import price increased by +101.2% against 2013 indices. The growth pace was the most rapid in 2020 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Cuba ($X per ton), while the price for the Philippines ($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 Philippines (+5,050.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :