Colombia - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Colombia - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights

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Cigarettes Containing Tobacco Price in Colombia - 2022

Contents:

  1. Cigarettes Containing Tobacco Price in Colombia (CIF) - 2022
  2. Cigarettes Containing Tobacco Price in Colombia (FOB) - 2022
  3. Cigarettes Containing Tobacco Imports in Colombia
  4. Cigarettes Containing Tobacco Exports in Colombia

Cigarettes Containing Tobacco Price in Colombia (CIF) - 2022

In 2022, the average cigarettes containing tobacco import price amounted to $10 per thousand units, with an increase of 6.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 15% against the previous year. The import price peaked at $11 per thousand units in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($20,168 per thousand units), while the price for China ($6,287 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Cigarettes Containing Tobacco Price in Colombia (FOB) - 2022

The average cigarettes containing tobacco export price stood at $7.7 per thousand units in 2022, falling by -2.5% against the previous year. In general, the export price recorded a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 20% against the previous year. As a result, the export price reached the peak level of $13 per thousand units. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($15,004 per thousand units), while the average price for exports to Jamaica ($2,814 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports in Colombia

In 2022, after three years of growth, there was decline in purchases abroad of cigarettes containing tobacco, when their volume decreased by -4.2% to 11B units. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. Imports peaked at 11B units in 2021, and then fell slightly in the following year.

In value terms, cigarettes containing tobacco imports rose slightly to $108M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. As a result, imports attained the peak of $110M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Cigarettes Containing Tobacco in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico25.849.133.634.810.5%
Aruba2.17.225.626.4132.5%
Chile30.632.221.517.1-17.6%
Brazil2.58.310.312.771.9%
Panama16.87.19.110.1-15.6%
Paraguay1.51.81.41.50.0%
Others4.23.84.75.27.4%
Total83.61101061088.9%

Top Suppliers of Cigarettes Containing Tobacco to Colombia in 2022:

  1. Brazil (undefinedB units)
  2. Mexico (undefinedB units)
  3. Panama (undefinedB units)
  4. Aruba (undefinedB units)
  5. Chile (undefinedB units)
  6. Paraguay (undefinedB units)

Cigarettes Containing Tobacco Exports in Colombia

In 2022, approx. 145M units of cigarettes containing tobacco were exported from Colombia; dropping by -12.8% compared with 2021. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs at 482M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports dropped to $1.1M in 2022. In general, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. The exports peaked at $4.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cigarettes Containing Tobacco in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru809206334263-31.2%
Curacao1,222249289239-42.0%
Dominican Republic330102201192-16.5%
Aruba1,03711080.6104-53.5%
Panama27144.010587.4-31.4%
United States62.171.570.138.4-14.8%
Jamaica62.617.330.426.0-25.4%
Others608118199164-35.4%
Total4,4029191,3091,114-36.7%

Top Export Markets for Cigarettes Containing Tobacco from Colombia in 2022:

  1. Jamaica (undefinedM units)
  2. Curacao (undefinedM units)
  3. Panama (undefinedM units)
  4. United States (undefinedM units)
  5. Aruba (undefinedM units)
  6. Peru (undefinedM units)
  7. Dominican Republic (undefinedM units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cigarettes containing tobacco market in Colombia. 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:

  • Colombia

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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