Price for Tobacco; "Homogenised" or "Reconstituted" in Colombia - 2022

Contents:

  1. Price for Tobacco; "Homogenised" or "Reconstituted" in Colombia (CIF) - 2022
  2. Price for Tobacco; "Homogenised" or "Reconstituted" in Colombia (FOB) - 2022
  3. Imports of Tobacco; "Homogenised" or "Reconstituted" in Colombia
  4. Exports of Tobacco; "Homogenised" or "Reconstituted" in Colombia

Price for Tobacco; "Homogenised" or "Reconstituted" in Colombia (CIF) - 2022

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $4,488 per ton, with a decrease of -10.7% against the previous year. Over the period under review, the import price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2020 an increase of 112%. The import price peaked at $5,027 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($39,000 per ton), while the price for Brazil totaled $2,881 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco; "Homogenised" or "Reconstituted" in Colombia (FOB) - 2022

The average tobacco; "homogenised" or "reconstituted" export price stood at $5,333 per ton in 2022, increasing by 22% against the previous year. Overall, the export price, however, saw a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 126%. The export price peaked at $6,617 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Curacao.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -4.8% per year.

Imports of Tobacco; "Homogenised" or "Reconstituted" in Colombia

In 2022, purchases abroad of tobacco; "homogenised" or "reconstituted"s decreased by -98.5% to 4.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 461%.

In value terms, tobacco; "homogenised" or "reconstituted" imports declined dramatically to $19K in 2022. In general, imports recorded a precipitous contraction. The growth pace was the most rapid in 2020 when imports increased by 1,087%.

Import of Tobacco; "Homogenised" or "Reconstituted" in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil17.050.229.611.9-11.2%
Argentina0.32.03.07.5192.4%
Dominican Republic56.41,0361,228N/A366.6%
United States28.9166189N/A155.7%
Others5.935.144.2N/A173.7%
Total1091,2891,49419.4-43.7%

Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Colombia in 2022:

  1. Brazil (4.1 tons)
  2. Argentina (0.2 tons)

Exports of Tobacco; "Homogenised" or "Reconstituted" in Colombia

In 2022, the amount of tobacco; "homogenised" or "reconstituted"s exported from Colombia declined remarkably to 75 kg, which is down by -99.3% compared with the previous year's figure. Overall, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 38%.

In value terms, tobacco; "homogenised" or "reconstituted" exports reduced remarkably to $400 in 2022. In general, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.

Export of Tobacco; "Homogenised" or "Reconstituted" in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CuracaoN/AN/AN/A0.40%
Ecuador31.740.742.3N/A15.5%
Brazil3.3N/AN/AN/A0%
OthersN/AN/A4.1N/A0%
Total35.040.746.40.4-77.5%

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Colombia in 2022:

  1. Curacao (75.0 kg)

Source: IndexBox Market Intelligence Platform

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