Price for Tobacco; "Homogenised" or "Reconstituted" in Angola - 2022
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Angola (FOB) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in Angola (CIF) - 2022
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Angola
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Angola
Price for Tobacco; "Homogenised" or "Reconstituted" in Angola (FOB) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $259 per ton, declining by -62.1% against the previous year. Overall, the export price showed a precipitous decline. The pace of growth appeared the most rapid in 2020 when the average export price decreased by -43.5% against the previous year. The export price peaked at $2,300 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2019 to 2022, the rate of growth in terms of prices for Uganda amounted to -51.7% per year.
Price for Tobacco; "Homogenised" or "Reconstituted" in Angola (CIF) - 2022
The average tobacco; "homogenised" or "reconstituted" import price stood at $10,000 per ton in 2021, jumping by 69% against the previous year. Over the period under review, the import price showed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From 2014 to 2021, the rate of growth in terms of prices for Namibia amounted to 0.0% per year.
Exports of Tobacco; "Homogenised" or "Reconstituted" in Angola
For the fourth year in a row, Angola recorded growth in overseas shipments of tobacco; "homogenised" or "reconstituted"s, which increased by 239% to 451 kg in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,000%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, tobacco; "homogenised" or "reconstituted" exports soared to $117 in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 522% against the previous year. As a result, the exports attained the peak of $143. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Tobacco; "Homogenised" or "Reconstituted" in Angola (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 23.0 | 143 | 47.0 | 117 | 72.0% |
Namibia | N/A | N/A | 13.0 | N/A | 0% |
United States | N/A | N/A | 10.0 | N/A | 0% |
Others | N/A | N/A | 21.0 | N/A | 0% |
Total | 23.0 | 143 | 91.0 | 117 | 72.0% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Angola in 2022:
- Uganda (451.0 kg)
Imports of Tobacco; "Homogenised" or "Reconstituted" in Angola
In 2021, supplies from abroad of tobacco; "homogenised" or "reconstituted"s decreased by -99.5% to 3 kg for the first time since 2018, thus ending a two-year rising trend. Overall, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 4,154% against the previous year. As a result, imports attained the peak of 553 kg, and then declined dramatically in the following year.
In value terms, tobacco; "homogenised" or "reconstituted" imports reduced notably to $30 in 2021. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 4,571%. As a result, imports attained the peak of $3.3K, and then reduced sharply in the following year.
Import of Tobacco; "Homogenised" or "Reconstituted" in Angola (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
South Korea | N/A | N/A | 24.0 | 0% | |
Germany | N/A | 1,323 | N/A | 0% | |
Namibia | 70.0 | N/A | N/A | 0% | |
Lebanon | N/A | 1,843 | N/A | 0% | |
Others | N/A | 104 | 6.0 | -94.2% | |
Total | 70.0 | 3,270 | 30.0 | -34.5% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Angola in 2022:
- South Korea (3.0 kg)
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