Latin America and the Caribbean: Smoking Tobacco Market 2020

Smoking Tobacco Market Size in Latin America and the Caribbean

The revenue of the smoking tobacco market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The smoking tobacco consumption continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2014, when it surged by X% year-to-year. The level of smoking tobacco consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Smoking Tobacco Production in Latin America and the Caribbean

In 2017, the amount of smoking tobacco produced in Latin America and the Caribbean stood at X tons, stabilizing at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. The volume of smoking tobacco production peaked in 2017, and is expected to retain its growth in the immediate term.

Smoking Tobacco Exports in Latin America and the Caribbean

In 2017, approx. X tons of smoking tobacco were exported in Latin America and the Caribbean; declining by -X% against the previous year. The total exports indicated a slight growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the smoking tobacco exports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, smoking tobacco exports stood at $X in 2017. The total exports indicated a mild growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the smoking tobacco exports decreased by -X% against 2015 indices. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Smoking Tobacco Exports by Country in Latin America and the Caribbean

In 2017, Brazil (X tons) was the key exporter for smoking tobacco, creating X% of total exports. Mexico (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Argentina (X%) and Uruguay (X%). Honduras (X tons) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mexico (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Argentina (-X%), Uruguay (-X%) and Honduras (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Uruguay, Honduras and Argentina increased by X%, X% and X% percentage points, while Mexico (-X%) and Brazil (-X%) saw their share reduced.

In value terms, Brazil ($X) remains the largest smoking tobacco supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Uruguay, with a X% share.

In Brazil, smoking tobacco exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Uruguay (-X% per year).

Smoking Tobacco Export Prices by Country in Latin America and the Caribbean

The smoking tobacco export price in Latin America and the Caribbean stood at $X per ton in 2017, increasing by X% against the previous year. The smoking tobacco export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when the export prices increased by X% y-o-y. In that year, the export prices for smoking tobacco attained their peak level of $X per ton. From 2016 to 2017, growth of the export prices for smoking tobacco failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mexico ($X per kg), while Honduras ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Smoking Tobacco Imports in Latin America and the Caribbean

In 2017, the amount of smoking tobacco imported in Latin America and the Caribbean totaled X tons, increasing by X% against the previous year. The smoking tobacco imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when imports increased by X% y-o-y. In that year, the smoking tobacco imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, smoking tobacco imports stood at $X in 2017. The smoking tobacco imports continue to indicate a relatively flat trend pattern. In that year, the smoking tobacco imports reached their peak level, and are likely to continue its growth in the immediate term.

Smoking Tobacco Imports by Country in Latin America and the Caribbean

Argentina was the key importer of smoking tobacco in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2017. Paraguay (X tons) ranks second in terms of the global imports with a X% share, followed by Brazil (X%), Panama (X%) and Bolivia (X%). The Dominican Republic (X tons) and Chile (X tons) occupied the slight share of total imports.

Imports into Argentina increased at an average annual rate of +X% from 2007 to 2017. At the same time, Chile (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Panama and Brazil experienced a relatively flat trend pattern. By contrast, Bolivia (-X%) and Paraguay (-X%) illustrated a downward trend over the same period. While the share of Paraguay (X%) and Bolivia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Chile (-X%) and Argentina (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) constitutes the largest market for imported smoking tobacco in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of global imports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Argentina amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Paraguay (-X% per year) and Brazil (+X% per year).

Smoking Tobacco Import Prices by Country in Latin America and the Caribbean

In 2017, the smoking tobacco import price in Latin America and the Caribbean amounted to $X per ton, going down by -X% against the previous year. The smoking tobacco import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, an increase of X% against the previous year. In that year, the import prices for smoking tobacco reached their peak level of $X per ton, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Dominican Republic ($X per kg), while Panama ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform