Latest Report Update: Dec 29, 2019

Mexico - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights
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Mexico: Tobacco Market Overview 2020

Tobacco Market Size in Mexico

The revenue of the tobacco market in Mexico amounted to $X in 2018, rising by X% against the previous year. Overall, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, tobacco consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Tobacco consumption peaked in 2018 and is likely to continue its growth in the immediate term.

Tobacco Production in Mexico

In value terms, tobacco production totaled $X in 2018 estimated in export prices. In general, tobacco production, however, continues to indicate a mild contraction. The pace of growth was the most pronounced in 2011 when production volume increased by X% against the previous year. Over the period under review, tobacco production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Tobacco Exports

Exports from Mexico

In 2018, approx. X tonnes of tobacco (smoking tobacco, chewing tobacco, snuff) were exported from Mexico; shrinking by -X% against the previous year. Overall, tobacco exports, however, continue to indicate skyrocketing growth. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, tobacco exports totaled $X in 2018. Over the period under review, tobacco exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, tobacco exports attained their maximum at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

Brazil (X tonnes), Canada (X tonnes) and the U.S. (X tonnes) were the main destinations of tobacco exports from Mexico, together comprising X% of total exports. Chile, the Dominican Republic and South Africa lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tobacco exported from Mexico were Canada ($X), Brazil ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by Chile, the Dominican Republic and South Africa, which together accounted for a further X Africa (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average tobacco export price amounted to $X per tonne, going down by -X% against the previous year. Overall, the tobacco export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced a decline.

Tobacco Imports

Imports into Mexico

In 2018, the imports of tobacco (smoking tobacco, chewing tobacco, snuff) into Mexico totaled X tonnes, rising by X% against the previous year. Over the period under review, tobacco imports, however, continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, tobacco imports stood at $X in 2018. Overall, tobacco imports, however, continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, tobacco imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the Netherlands (X tonnes) constituted the largest supplier of tobacco to Mexico, with a X% share of total imports. Moreover, tobacco imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), ninefold.

From 2007 to 2018, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Venezuela (-X% per year).

In value terms, the Netherlands ($X), the U.S. ($X) and Venezuela ($X) were the largest tobacco suppliers to Mexico, together accounting for X% of total imports.

Among the main suppliers, the Netherlands experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced a decline.

Import Prices by Country

The average tobacco import price stood at $X per tonne in 2018, lowering by -X% against the previous year. Over the period under review, the tobacco import price continues to indicate a temperate setback. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Venezuela, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 12001930 - Smoking tobacco (excluding tobacco duty)
• Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.

This report provides an in-depth analysis of the tobacco market in Mexico. 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.


Country coverage:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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