U.S.: Cigarettes Containing Tobacco Market 2023

Cigarettes Containing Tobacco Market Size in the U.S.

The U.S. cigarettes containing tobacco market dropped to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Cigarettes containing tobacco consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Cigarettes Containing Tobacco Production in the U.S.

In value terms, cigarettes containing tobacco production amounted to $X in 2022. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 13%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Cigarettes Containing Tobacco Exports

Exports from the U.S.

In 2022, after five years of decline, there was significant growth in shipments abroad of cigarettes containing tobacco, when their volume increased by 23% to X tons. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 38%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, cigarettes containing tobacco exports expanded rapidly to $X in 2022. In general, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2015 when exports increased by 46% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for cigarettes containing tobacco exports from the United States, with a 47% share of total exports. Moreover, cigarettes containing tobacco exports to Canada exceeded the volume sent to the second major destination, Indonesia (X tons), fourfold. The third position in this ranking was held by Venezuela (X tons), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +72.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (0.0% per year) and Venezuela (+162.2% per year).

In value terms, Canada ($X) remains the key foreign market for cigarettes containing tobacco exports from the United States, comprising 53% of total exports. The second position in the ranking was taken by Venezuela ($X), with a 6.6% share of total exports. It was followed by Morocco, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +78.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+170.6% per year) and Morocco (+1,183.4% per year).

Export Prices by Country

The average cigarettes containing tobacco export price stood at $X per ton in 2022, shrinking by -8.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 when the average export price increased by 24% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat 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 Morocco ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports into the U.S.

In 2022, overseas purchases of cigarettes containing tobacco decreased by -35.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 300% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, cigarettes containing tobacco imports reduced notably to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -36.2% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by 118% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Mexico (X tons), Canada (X tons) and Turkey (X tons) were the main suppliers of cigarettes containing tobacco imports to the United States, together comprising 59% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +36.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Canada ($X) and Turkey ($X) appeared to be the largest cigarettes containing tobacco suppliers to the United States, together accounting for 65% of total imports. China, Germany, Switzerland, the United Arab Emirates, South Korea, Paraguay and Vietnam lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +33.4%, saw the highest rates of growth with regard to 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 $X per ton in 2022, increasing by 16% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 45%. The import price peaked at $X per ton in 2012; however, from 2013 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 Arab Emirates ($X per ton), while the price for Vietnam ($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 (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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