Latin America and the Caribbean - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatin America and the Caribbean: Cigarettes Containing Tobacco Market 2024
Cigarettes Containing Tobacco Market Size in Latin America and the Caribbean
The Latin American cigarettes containing tobacco market dropped to $X in 2023, which is down by X% against the previous year. In general, consumption recorded a slight reduction. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.
Cigarettes Containing Tobacco Production in Latin America and the Caribbean
In value terms, cigarettes containing tobacco production fell slightly to $X in 2023 estimated in export price. Overall, production recorded a noticeable reduction. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.
Cigarettes Containing Tobacco Exports
Exports in Latin America and the Caribbean
After two years of growth, shipments abroad of cigarettes containing tobacco decreased by X% to X units in 2023. Over the period under review, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2023, the exports remained at a lower figure.
In value terms, cigarettes containing tobacco exports shrank to $X in 2023. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
Exports by Country
In 2023, Aruba (X units), Brazil (X units) and Belize (X units) was the main exporter of cigarettes containing tobacco in Latin America and the Caribbean, constituting X% of total export. Honduras (X units) took the next position in the ranking, followed by Trinidad and Tobago (X units) and Paraguay (X units). All these countries together held near X% share of total exports. Chile (X units) took a minor share of total exports.
From 2012 to 2023, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest cigarettes containing tobacco supplying countries in Latin America and the Caribbean were Aruba ($X), Brazil ($X) and Honduras ($X), with a combined X% share of total exports.
Among the main exporting countries, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the export price in Latin America and the Caribbean amounted to $X per thousand units, reducing by X% against the previous year. In general, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the export prices hit record highs at $X per thousand units in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per thousand units), while Belize ($X per thousand units) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced more modest paces of growth.
Cigarettes Containing Tobacco Imports
Imports in Latin America and the Caribbean
In 2023, approx. X units of cigarettes containing tobacco were imported in Latin America and the Caribbean; which is down by X% on the previous year's figure. Total imports indicated a strong increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. The volume of import peaked at X units in 2022, and then shrank in the following year.
In value terms, cigarettes containing tobacco imports reduced to $X in 2023. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Belize (X units) was the major importer of cigarettes containing tobacco, constituting X% of total imports. Colombia (X units) held the second position in the ranking, followed by Aruba (X units). All these countries together held near X% share of total imports. Guatemala (X units), Nicaragua (X units), Honduras (X units), Paraguay (X units), Venezuela (X units) and Costa Rica (X units) followed a long way behind the leaders.
Belize was also the fastest-growing in terms of the cigarettes containing tobacco imports, with a CAGR of X% from 2012 to 2023. At the same time, Venezuela (X%), Honduras (X%), Guatemala (X%), Aruba (X%) and Colombia (X%) displayed positive paces of growth. Costa Rica experienced a relatively flat trend pattern. By contrast, Nicaragua (X%) and Paraguay (X%) illustrated a downward trend over the same period. Belize (X p.p.), Aruba (X p.p.), Honduras (X p.p.) and Venezuela (X p.p.) significantly strengthened its position in terms of the total imports, while Colombia, Nicaragua and Paraguay saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Colombia ($X), Aruba ($X) and Belize ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Guatemala, Venezuela, Paraguay, Nicaragua, Costa Rica and Honduras lagged somewhat behind, together accounting for a further X%.
Venezuela, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the import price in Latin America and the Caribbean amounted to $X per thousand units, stabilizing at the previous year. Overall, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per thousand units in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Venezuela ($X per thousand units), while Belize ($X per thousand units) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the cigarettes containing tobacco market in Latin America and the Caribbean. 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:
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Puerto Rico
- Saint Kitts and Nevis
- Saint Lucia
- Saint Maarten (Dutch part)
- Saint Vincent and the Grenadines
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Latin America and the Caribbean, split by region and country
- Trade (exports and imports) in Latin America and the Caribbean
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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