Report Update: May 1, 2024

Peru - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights

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Tobacco Price in Peru - 2021

Tobacco Price in Peru (FOB) - 2022

The average tobacco export price stood at $42,146 per ton in 2022, surging by 13% against the previous year. In general, the export price, however, saw a slight decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 84% against the previous year. The export price peaked at $60,428 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($145,667 per ton), while the average price for exports to the Netherlands ($8,769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+57.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Price in Peru (CIF) - 2022

In 2022, the average tobacco import price amounted to $14,662 per ton, growing by 6.3% against the previous year. Overall, the import price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 44% against the previous year. The import price peaked at $29,536 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($41,170 per ton), while the price for the Dominican Republic ($8,668 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Exports in Peru

In 2022, shipments abroad of tobacco (smoking tobacco, chewing tobacco, snuff) decreased by -29.7% to 3.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 165% against the previous year.

In value terms, tobacco exports reduced notably to $160K in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 176% against the previous year.

Export of Tobacco in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	25.3	33.8	66.1	153	82.2%
United States	16.7	2.8	2.6	2.6	-46.2%
Netherlands	0.1	0.5	0.7	0.7	91.3%
Hong Kong SAR	N/A	N/A	23.6	N/A	0%
Argentina	N/A	N/A	34.1	N/A	0%
Austria	N/A	28.0	10.4	N/A	-62.9%
United Kingdom	N/A	33.3	37.2	N/A	11.7%
Costa Rica	N/A	18.3	18.8	N/A	2.7%
Others	0.7	1.9	8.8	4.1	80.3%
Total	42.9	119	202	160	55.1%

Top Export Markets for Tobacco from Peru in 2022:

Germany (3498.0 kg)
Netherlands (78.0 kg)
United States (18.0 kg)

Tobacco Imports in Peru

Tobacco imports into Peru declined notably to 14 tons in 2022, falling by -17.1% compared with 2021. In general, imports continue to indicate a mild downturn. The growth pace was the most rapid in 2021 when imports increased by 123%. As a result, imports reached the peak of 17 tons, and then declined remarkably in the following year.

In value terms, tobacco imports fell to $203K in 2022. Over the period under review, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 34%.

Import of Tobacco in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	22.6	40.2	118	81.9	53.6%
United States	102	76.7	49.2	43.1	-25.0%
Germany	24.1	19.2	22.8	19.0	-7.6%
Brazil	1.3	2.1	4.8	9.6	94.7%
Denmark	30.1	22.2	7.9	9.6	-31.7%
Belgium	12.6	1.7	3.8	6.8	-18.6%
Venezuela	0.6	1.2	5.3	4.6	97.2%
Vietnam	66.3	N/A	N/A	N/A	0%
Nicaragua	3.5	N/A	N/A	N/A	0%
Others	5.7	8.2	19.1	28.7	71.4%
Total	269	171	231	203	-9.0%

Top Suppliers of Tobacco to Peru in 2022:

Dominican Republic (9.4 tons)
United States (2.3 tons)
Germany (0.6 tons)
Brazil (0.4 tons)
Venezuela (0.4 tons)
Belgium (0.2 tons)
Denmark (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tobacco market in Peru. 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 12001930 - Smoking tobacco (excluding tobacco duty)
Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.

Country coverage:

Peru

Data coverage:

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