United Arab Emirates: Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size in the United Arab Emirates

The cigars and cigarillos market in the United Arab Emirates shrank sharply to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Cigars And Cigarillos Production in the United Arab Emirates

In value terms, cigars and cigarillos production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Cigars and cigarillos production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Cigars And Cigarillos Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of cigars, cheroots and cigarillos increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cigars and cigarillos exports surged to $X in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X tons) was the main destination for cigars and cigarillos exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, cigars and cigarillos exports to Iraq exceeded the volume sent to the second major destination, Libya (X tons), threefold. Nigeria (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and Nigeria (X% per year).

In value terms, the largest markets for cigars and cigarillos exported from the United Arab Emirates were Cuba ($X), Iraq ($X) and the Dominican Republic ($X), together accounting for X% of total exports. Cote d'Ivoire, Nicaragua, Libya, Nigeria, Vietnam, Syrian Arab Republic, Egypt, Thailand, Russia and Tunisia lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X.2%, recorded the highest growth rate of the value of exports, among 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 cigars and cigarillos export price amounted to $X per ton, growing by X% against the previous year. In general, the export price saw strong growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Cuba ($X per ton), while the average price for exports to Libya ($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 Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cigars And Cigarillos Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of cigars, cheroots and cigarillos increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cigars and cigarillos imports skyrocketed to $X in 2022. In general, total imports indicated prominent growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The Dominican Republic (X tons), Zimbabwe (X tons) and Nicaragua (X tons) were the main suppliers of cigars and cigarillos imports to the United Arab Emirates, with a combined X% share of total imports.

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

In value terms, the Dominican Republic ($X) constituted the largest supplier of cigars, cheroots and cigarillos to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Nicaragua ($X), with a X% share of total imports. It was followed by Cuba, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Dominican Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (X% per year) and Cuba (X% per year).

Import Prices by Country

In 2022, the average cigars and cigarillos import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 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 Cuba ($X per ton), while the price for Zimbabwe ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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