Price for Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand - 2022

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand (FOB) - 2022
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand (CIF) - 2022
  3. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand
  4. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand

Price for Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand (FOB) - 2022

In March 2021, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $7,277 per ton, approximately mirroring the previous month. Over the period under review, the export price saw a dramatic decline. As a result, the export price attained the peak level of $18,500 per ton. From February 2021 to March 2021, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From January 2021 to March 2021, the rate of growth in terms of prices for Taiwan (Chinese) amounted to 0.0% per month.

Price for Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand (CIF) - 2022

The average import price for tobacco; partly or wholly stemmed or stripped stood at $8,440 per ton in 2022, with an increase of 19% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tobacco; partly or wholly stemmed or stripped decreased by -1.2% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 50%. As a result, import price attained the peak level of $8,543 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($10,834 per ton), while the price for Zambia ($423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand

In 2022, the amount of tobacco; partly or wholly stemmed or stripped exported from New Zealand surged to 1.1K tons, with an increase of 31% on the year before. In general, exports, however, continue to indicate a abrupt setback.

In value terms, exports of tobacco; partly or wholly stemmed or stripped skyrocketed to $7.1M in 2022. Over the period under review, exports, however, showed a deep downturn.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands4.64.07.124.2%
Taiwan (Chinese)3.61.5N/A-58.3%
United Arab EmiratesN/A0.3N/A0%
Others0.10.1N/A0.0%
Total8.35.97.1-7.5%

Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from New Zealand in 2022:

  1. Netherlands (1146.2 tons)

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand

After two years of decline, purchases abroad of tobacco; partly or wholly stemmed or stripped increased by 186% to 13 tons in 2022. Over the period under review, imports, however, recorded a significant contraction.

In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $106K in 2022. Overall, imports, however, recorded a sharp decrease.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4,41177.512.843.0-78.6%
Zimbabwe1,65431.25.519.9-77.1%
China1,64330.55.318.8-77.5%
India1,38824.54.113.7-78.5%
Mozambique4961.91.23.5-80.8%
Malawi3034.90.82.3-80.3%
Spain2283.60.51.6-80.9%
Zambia34.00.50.10.2-81.9%
Others5877.11.03.5-81.9%
Total10,74418231.2106-78.6%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to New Zealand in 2022:

  1. Brazil (4.8 tons)
  2. Zimbabwe (2.4 tons)
  3. China (2.2 tons)
  4. India (1.4 tons)
  5. Zambia (0.5 tons)
  6. Mozambique (0.5 tons)
  7. Malawi (0.3 tons)
  8. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

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