Price for Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay - 2024
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay (CIF) - 2024
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay (CIF) - 2024
In November 2023, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $5,216 per ton, with a decrease of -13.4% against the previous month. Overall, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 7.8% month-to-month. As a result, import price reached the peak level of $6,292 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Brazil ($6,831 per ton), while the price for Uruguay ($677 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Uruguay (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay (FOB) - 2022
In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $3,983 per ton, standing approx. at the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tobacco; partly or wholly stemmed or stripped decreased by -16.6% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 87% against the previous year. As a result, the export price reached the peak level of $4,776 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($5,040 per ton), while the average price for exports to Honduras totaled $3,400 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay
For the third year in a row, Paraguay recorded decline in purchases abroad of tobacco; partly or wholly stemmed or stripped, which decreased by -32.6% to 11K tons in 2022. Over the period under review, imports faced a dramatic shrinkage. The smallest decline of -16.7% was in 2020.
In value terms, imports of tobacco; partly or wholly stemmed or stripped reduced to $52M in 2022. In general, imports showed a dramatic decrease.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 47.4 | 47.3 | 36.7 | 37.3 | -7.7% |
| Argentina | 27.6 | 17.8 | 8.8 | 10.5 | -27.5% |
| India | 10.2 | 6.4 | 2.4 | 2.6 | -36.6% |
| Uruguay | 1.0 | 0.9 | 2.2 | 1.2 | 6.3% |
| Malawi | 6.0 | 5.3 | 1.6 | 0.3 | -63.2% |
| Tanzania | 5.0 | N/A | N/A | N/A | 0% |
| Others | 10.9 | 6.6 | 2.6 | 0.2 | -73.6% |
| Total | 108 | 84.3 | 54.3 | 52.2 | -21.5% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Paraguay in 2022:
- Brazil (6.7K tons)
- Argentina (2.3K tons)
- Uruguay (0.9K tons)
- India (0.8K tons)
- Malawi (0.1K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay
Exports of tobacco; partly or wholly stemmed or stripped from Paraguay stood at 102 tons in 2022, remaining relatively unchanged against 2021 figures. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 594% against the previous year. As a result, the exports reached the peak of 118 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tobacco; partly or wholly stemmed or stripped rose modestly to $407K in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 465%. As a result, the exports attained the peak of $457K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | 116 | 224 | 93.1% |
| Netherlands | N/A | 273 | 193 | 183 | -18.1% |
| Dominican Republic | N/A | 44.4 | N/A | N/A | 0% |
| Hungary | N/A | N/A | 27.5 | N/A | 0% |
| Belgium | 79.2 | 44.2 | 54.3 | N/A | -17.2% |
| Germany | N/A | 95.8 | N/A | N/A | 0% |
| Others | 1.8 | N/A | 8.2 | N/A | 113.4% |
| Total | 80.9 | 457 | 400 | 407 | 71.3% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Paraguay in 2022:
- Honduras (65.9 tons)
- Netherlands (36.4 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Paraguay.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Paraguay.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
