Price for Tobacco; "Homogenised" or "Reconstituted" in Bangladesh - 2022
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Bangladesh (CIF) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in Bangladesh (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Bangladesh
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Bangladesh
Price for Tobacco; "Homogenised" or "Reconstituted" in Bangladesh (CIF) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $5,896 per ton, rising by 8.7% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 97%. Over the period under review, average import prices attained the maximum at $9,468 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,301 per ton), while the price for the Philippines ($2,723 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; "Homogenised" or "Reconstituted" in Bangladesh (FOB) - 2022
The average tobacco; "homogenised" or "reconstituted" export price stood at $17,925 per ton in 2022, growing by 63% against the previous year. In general, the export price recorded a significant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 173%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($181,576 per ton), while the average price for exports to Malaysia ($4,268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+64.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; "Homogenised" or "Reconstituted" in Bangladesh
After three years of growth, purchases abroad of tobacco; "homogenised" or "reconstituted"s decreased by -68.5% to 26 tons in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 330%. As a result, imports attained the peak of 83 tons, and then fell markedly in the following year.
In value terms, tobacco; "homogenised" or "reconstituted" imports shrank remarkably to $155K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 219% against the previous year.
| Import of Tobacco; "Homogenised" or "Reconstituted" in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.1 | 90.4 | 212 | 99.9 | 56.4% |
| Singapore | 15.0 | 44.3 | 88.1 | 35.3 | 33.0% |
| Philippines | 2.6 | 21.2 | 144 | 18.0 | 90.6% |
| Indonesia | 6.8 | 5.2 | 7.1 | 1.6 | -38.3% |
| Others | N/A | 0.3 | 2.1 | N/A | 600.0% |
| Total | 50.5 | 161 | 452 | 155 | 45.3% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Bangladesh in 2022:
- Singapore (12.9 tons)
- Philippines (6.6 tons)
- United States (6.5 tons)
- Indonesia (0.2 tons)
Exports of Tobacco; "Homogenised" or "Reconstituted" in Bangladesh
In 2022, after two years of decline, there was significant growth in shipments abroad of tobacco; "homogenised" or "reconstituted"s, when their volume increased by 60% to 4.1 tons. Over the period under review, exports, however, recorded a abrupt curtailment.
In value terms, tobacco; "homogenised" or "reconstituted" exports soared to $73K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tobacco; "Homogenised" or "Reconstituted" in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 13.5 | 9.7 | 14.1 | 22.7 | 18.9% |
| Japan | N/A | N/A | 1.8 | 19.4 | 977.8% |
| Azerbaijan | N/A | N/A | N/A | 16.7 | 0% |
| Malaysia | 3.5 | 3.3 | 6.4 | 13.7 | 57.6% |
| Others | N/A | 0.7 | 0.2 | 0.3 | -34.5% |
| Total | 17.0 | 13.8 | 22.4 | 72.7 | 62.3% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Bangladesh in 2022:
- Malaysia (3198.0 kg)
- Azerbaijan (615.0 kg)
- Philippines (125.0 kg)
- Japan (114.0 kg)
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