Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Vietnam - 2022

Contents:

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

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Vietnam (FOB) - 2022

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $50,904 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 23%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to +18.4% per year.

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Vietnam (CIF) - 2022

In 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $4,587 per ton, reducing by -68.6% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 67% against the previous year. The import price peaked at $15,963 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($18,649 per ton), while the price for India ($2,403 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.5%), while the prices for the other major suppliers experienced a decline.

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Vietnam

Exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s from Vietnam skyrocketed to 5.3 tons in 2022, rising by 738% against 2021. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s soared to $269K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia5.413.527.9269267.9%
CambodiaN/A64.0N/AN/A0%
Myanmar12.0N/AN/AN/A0%
Others6.9N/AN/AN/A0%
Total24.377.527.9269122.9%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Vietnam in 2022:

  1. Malaysia (5.3 tons)

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Vietnam

In 2022, after two years of decline, there was significant growth in purchases abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume increased by 101% to 1.1K tons. In general, imports, however, showed a abrupt curtailment.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s contracted remarkably to $5M in 2022. Overall, imports, however, showed a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PhilippinesN/AN/A0.12.12000.0%
PakistanN/AN/AN/A1.30%
Kazakhstan7.42.55.80.7-54.4%
India0.10.6N/A0.226.0%
United StatesN/A0.2N/A0.20.0%
Japan7.00.4N/A0.1-75.7%
Russia0.20.90.8N/A100.0%
South Korea1.30.30.9N/A-16.8%
United Kingdom1.80.1N/AN/A-94.4%
Singapore0.50.20.2N/A-36.8%
Lao People's Democratic Republic3.60.1N/AN/A-97.2%
Others2.30.60.20.2-55.7%
Total24.46.07.95.0-41.0%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Vietnam in 2022:

  1. Philippines (488.1 tons)
  2. Pakistan (398.2 tons)
  3. India (100.9 tons)
  4. Kazakhstan (39.1 tons)
  5. United States (31.5 tons)
  6. Japan (6.4 tons)
  7. Singapore (0.9 tons)

Source: IndexBox Market Intelligence Platform

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