Egypt: Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size in Egypt

The Egyptian cigars and cigarillos market 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% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Cigars And Cigarillos Production in Egypt

In value terms, cigars and cigarillos production shrank modestly 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 remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Cigars And Cigarillos Exports

Exports from Egypt

In 2022, overseas shipments of cigars, cheroots and cigarillos decreased by X% to X kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cigars and cigarillos exports soared to $X in 2022. Over the period under review, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X kg) was the main destination for cigars and cigarillos exports from Egypt, with a X% share of total exports. Moreover, cigars and cigarillos exports to Lebanon exceeded the volume sent to the second major destination, Canada (X kg), threefold. Rwanda (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lebanon totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Rwanda (X% per year).

It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Lebanon amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Rwanda (X% per year).

Export Prices by Country

The average cigars and cigarillos export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Rwanda ($X per ton) and Lebanon ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cigars And Cigarillos Imports

Imports into Egypt

In 2022, imports of cigars, cheroots and cigarillos into Egypt dropped dramatically to X kg, which is down by X% compared with 2021 figures. Overall, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cigars and cigarillos imports dropped significantly to $X in 2022. In general, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Switzerland (X kg) constituted the largest supplier of cigars and cigarillos to Egypt, accounting for a X% share of total imports. Moreover, cigars and cigarillos imports from Switzerland exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold. Indonesia (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Indonesia (X% per year).

In value terms, the largest cigars and cigarillos suppliers to Egypt were Switzerland ($X), the United States ($X) and Belgium ($X), with a combined X% share of total imports. Indonesia lagged somewhat behind, comprising a further X%.

Indonesia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average cigars and cigarillos import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 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 the United States ($X per ton), while the price for Indonesia ($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 United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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