Australia and Oceania: Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size in Australia and Oceania

The cigars and cigarillos market in Australia and Oceania shrank slightly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Cigars And Cigarillos Production in Australia and Oceania

In value terms, cigars and cigarillos production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Cigars And Cigarillos Exports

Exports in Australia and Oceania

In 2022, cigars and cigarillos exports in Australia and Oceania surged to X tons, picking up by X% against the previous year. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, cigars and cigarillos exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed notable growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, New Zealand (X tons) was the major exporter of cigars, cheroots and cigarillos, making up X% of total exports. It was distantly followed by Australia (X tons), constituting a X% share of total exports. New Caledonia (X kg) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Caledonia (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest cigars and cigarillos supplying countries in Australia and Oceania were Australia ($X), New Zealand ($X) and New Caledonia ($X), together comprising X% of total exports.

New Caledonia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the export price figures.

Cigars And Cigarillos Imports

Imports in Australia and Oceania

In 2022, after eight years of decline, there was significant growth in supplies from abroad of cigars, cheroots and cigarillos, when their volume increased by X% to X tons. Overall, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. 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 surged to $X in 2022. Total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia was the major importer of cigars, cheroots and cigarillos in Australia and Oceania, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. New Zealand (X tons) ranks second in terms of the total imports with a X% share, followed by New Caledonia (X%). Kiribati (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kiribati (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Australia ($X) constitutes the largest market for imported cigars, cheroots and cigarillos in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by New Caledonia, with a X% share.

In Australia, cigars and cigarillos imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed a prominent expansion. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Kiribati ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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