Price for Tobacco; "Homogenised" or "Reconstituted" in Australia - 2023

Contents:

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

Price for Tobacco; "Homogenised" or "Reconstituted" in Australia (CIF) - 2022

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $8,716 per ton, with an increase of 42% against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 65% against the previous year. Over the period under review, average import prices attained the maximum at $17,809 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,096 per ton), while the price for the Dominican Republic ($1,307 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco; "Homogenised" or "Reconstituted" in Australia (FOB) - 2022

The average tobacco; "homogenised" or "reconstituted" export price stood at $4,613 per ton in 2022, shrinking by -19.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 34% against the previous year. As a result, the export price reached the peak level of $7,418 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($44,653 per ton), while the average price for exports to Germany amounted to $3,241 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+25.7%), while the prices for the other major destinations experienced a decline.

Imports of Tobacco; "Homogenised" or "Reconstituted" in Australia

In 2022, overseas purchases of tobacco; "homogenised" or "reconstituted"s decreased by -31.1% to 2.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded a pronounced increase. The growth pace was the most rapid in 2020 when imports increased by 6,502% against the previous year. As a result, imports attained the peak of 133 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, tobacco; "homogenised" or "reconstituted" imports fell slightly to $19K in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 8,695%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Tobacco; "Homogenised" or "Reconstituted" in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia20.112415.416.8-5.8%
United States1.36.20.60.5-27.3%
Germany3.216.40.40.4-50.0%
Dominican Republic0.54.30.30.3-15.7%
Taiwan (Chinese)N/A2,216N/AN/A0%
Others1.97.02.30.7-28.3%
Total27.02,37419.118.7-11.5%

Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Australia in 2022:

  1. Malaysia (1759.0 kg)
  2. Dominican Republic (236.0 kg)
  3. United States (84.0 kg)
  4. Germany (36.0 kg)

Exports of Tobacco; "Homogenised" or "Reconstituted" in Australia

In 2022, shipments abroad of tobacco; "homogenised" or "reconstituted"s was finally on the rise to reach 75 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a noticeable slump.

In value terms, tobacco; "homogenised" or "reconstituted" exports rose notably to $346 in 2022. Overall, exports, however, recorded a abrupt downturn.

Export of Tobacco; "Homogenised" or "Reconstituted" in Australia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany318266208232-10.0%
South Korea13211086.096.0-10.1%
Others30.08.013.018.0-15.7%
Total480384307346-10.3%

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Australia in 2022:

  1. Germany (72.0 kg)
  2. South Korea (2.0 kg)

Source: IndexBox Market Intelligence Platform

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