Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Uruguay - 2022

Contents:

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

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

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $16,335 per ton in 2022, with a decrease of -2.8% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 an increase of 101% against the previous year. The import price peaked at $19,612 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.8% per year.

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

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $39,635 per ton in 2022, remaining stable against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

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

Imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s into Uruguay expanded significantly to 79 tons in 2022, with an increase of 15% against the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +52.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s rose rapidly to $1.3M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United States (78.3 tons)

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

For the third consecutive year, Uruguay recorded growth in overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, which increased by 20% to 799 kg in 2022. The total export volume increased at an average annual rate of +20.0% from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s surged to $32K in 2022. The total export value increased at an average annual rate of +20.0% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Canada (799.0 kg)

Source: IndexBox Market Intelligence Platform