Price for Tobacco, Unmanufactured; Tobacco Refuse in China - 2023
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in China (CIF) - 2023
- Price for Tobacco, Unmanufactured; Tobacco Refuse in China (FOB) - 2023
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in China
- Exports of Tobacco, Unmanufactured; Tobacco Refuse in China
Price for Tobacco, Unmanufactured; Tobacco Refuse in China (CIF) - 2023
In June 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $9,587 per ton, standing approximately at the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 29% month-to-month. As a result, import price attained the peak level of $11,959 per ton. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Zimbabwe ($9,813 per ton) and Zambia ($9,103 per ton), while the price for Malawi ($6,692 per ton) and Tanzania ($7,630 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco, Unmanufactured; Tobacco Refuse in China (FOB) - 2023
The average tobacco, unmanufactured; tobacco refuse export price stood at $2,960 per ton in June 2023, with an increase of 28% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 38% month-to-month. The export price peaked at $3,304 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Poland ($4,729 per ton), while the average price for exports to Hungary ($457 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco, Unmanufactured; Tobacco Refuse in China
Tobacco, unmanufactured; tobacco refuse imports into China rose sharply to 161K tons in 2022, increasing by 8.8% on the year before. Overall, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 68% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, tobacco, unmanufactured; tobacco refuse imports surged to $1.3B in 2022. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Tobacco, Unmanufactured; Tobacco Refuse in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 574 | 582 | 511 | 632 | 3.3% |
| Brazil | 504 | 43.2 | 301 | 405 | -7.0% |
| Zambia | 23.3 | 66.9 | 45.4 | 123 | 74.1% |
| Argentina | 55.0 | 30.0 | 79.5 | 45.3 | -6.3% |
| Canada | N/A | N/A | 2.9 | 25.1 | 765.5% |
| Others | 44.2 | 51.7 | 218 | 119 | 39.1% |
| Total | 1,200 | 774 | 1,158 | 1,350 | 4.0% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to China in 2022:
- Zimbabwe (66.8K tons)
- Brazil (62.7K tons)
- Zambia (13.8K tons)
- Argentina (5.7K tons)
- Canada (3.1K tons)
Exports of Tobacco, Unmanufactured; Tobacco Refuse in China
Tobacco, unmanufactured; tobacco refuse exports from China soared to 222K tons in 2022, with an increase of 16% compared with the year before. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tobacco, unmanufactured; tobacco refuse exports skyrocketed to $561M in 2022. Overall, exports, however, saw a relatively flat trend pattern.
| Export of Tobacco, Unmanufactured; Tobacco Refuse in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 162 | 142 | 187 | 183 | 4.1% |
| Belgium | 135 | 102 | 66.9 | 116 | -4.9% |
| United Arab Emirates | 53.6 | 35.9 | 54.9 | 79.9 | 14.2% |
| Vietnam | 18.8 | 27.9 | 65.1 | 35.6 | 23.7% |
| Philippines | 29.2 | 29.5 | 10.9 | 23.8 | -6.6% |
| Jordan | 12.8 | 5.8 | 4.7 | 12.4 | -1.1% |
| Greece | 1.5 | 1.5 | 3.7 | 10.8 | 93.1% |
| Turkey | 4.3 | 5.7 | 4.2 | 10.6 | 35.1% |
| France | 8.4 | 5.6 | 9.2 | 9.6 | 4.6% |
| Egypt | 20.4 | 7.2 | 1.2 | 6.1 | -33.1% |
| Russia | 6.9 | 2.3 | 4.2 | 4.1 | -15.9% |
| Others | 110 | 90.0 | 74.1 | 69.0 | -14.4% |
| Total | 563 | 455 | 487 | 561 | -0.1% |
Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from China in 2022:
- Indonesia (58.5K tons)
- Belgium (44.5K tons)
- United Arab Emirates (31.2K tons)
- Vietnam (19.1K tons)
- Philippines (10.3K tons)
- Turkey (6.3K tons)
- Greece (6.1K tons)
- France (5.7K tons)
- Jordan (5.1K tons)
- Russia (3.6K tons)
- Egypt (2.8K tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in China.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in China.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
840
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
840
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
