Mexico: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in Mexico

The Mexican cigarettes containing tobacco market amounted to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a noticeable contraction. Cigarettes containing tobacco consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cigarettes Containing Tobacco Production in Mexico

In value terms, cigarettes containing tobacco production stood at $X in 2022 estimated in export price. In general, production, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Cigarettes Containing Tobacco Exports

Exports from Mexico

After three years of growth, shipments abroad of cigarettes containing tobacco decreased by X% to X units in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its volume 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. Based on 2022 figures, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, cigarettes containing tobacco exports contracted to $X in 2022. Over the period under review, total exports indicated a slight increase 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. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

Colombia (X units), the United States (X units) and Canada (X units) were the main destinations of cigarettes containing tobacco exports from Mexico, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United States ($X) and Colombia ($X) constituted the largest markets for cigarettes containing tobacco exported from Mexico worldwide, with a combined X% share of total exports.

Colombia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cigarettes containing tobacco export price amounted to less than $X per thousand units, standing approx. at the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at less than $X per thousand units in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada (less than $X per thousand units), while the average price for exports to Nicaragua (less than $X 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 Colombia (X%), while the prices for the other major destinations experienced a decline.

Cigarettes Containing Tobacco Imports

Imports into Mexico

In 2022, after two years of decline, there was growth in purchases abroad of cigarettes containing tobacco, when their volume increased by X% to X units. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, cigarettes containing tobacco imports contracted slightly to $X in 2022. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), Ukraine (X units) and Turkey (X units) were the main suppliers of cigarettes containing tobacco imports to Mexico, together comprising X% of total imports. Lithuania, Chile, Serbia, Russia, Canada, Paraguay, Germany, the UK, Belize and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Paraguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), the United States ($X) and Ukraine ($X) were the largest cigarettes containing tobacco suppliers to Mexico, with a combined X% share of total imports. Turkey, the UK, Chile, Canada, Serbia, Russia, Paraguay, Germany, Belize and Brazil lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Paraguay, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cigarettes containing tobacco import price stood at less than $X per thousand units in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at less than $X per thousand units in 2018; however, from 2019 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 UK (less than $X per thousand units), while the price for Brazil (less than $X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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