Price for Tobacco; "Homogenised" or "Reconstituted" in Costa Rica - 2022

Contents:

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

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

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $8,383 per ton, picking up by 45% against the previous year. Over the period under review, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +0.8% per year.

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

In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $2,796 per ton, almost unchanged from the previous year. Overall, the export price, however, faced a deep downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices attained the maximum at $22,298 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to -14.2% per year.

Imports of Tobacco; "Homogenised" or "Reconstituted" in Costa Rica

In 2022, supplies from abroad of tobacco; "homogenised" or "reconstituted"s decreased by -13.6% to 12 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 26%. As a result, imports reached the peak of 24 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tobacco; "homogenised" or "reconstituted" imports soared to $100K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year. As a result, imports reached the peak of $105K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Tobacco; "Homogenised" or "Reconstituted" in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic1.13.71.399.6349.0%
Mexico65.498.977.2N/A8.6%
Brazil1.31.40.7N/A-26.6%
Others1.10.40.3N/A-47.8%
Total68.910579.699.613.1%

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

  1. Dominican Republic (11.9 tons)

Exports of Tobacco; "Homogenised" or "Reconstituted" in Costa Rica

In 2022, the amount of tobacco; "homogenised" or "reconstituted"s exported from Costa Rica declined to 15 tons, approximately reflecting the previous year. Overall, exports, however, enjoyed a notable increase. The growth pace was the most rapid in 2021 with an increase of 404%. As a result, the exports reached the peak of 16 tons, leveling off in the following year.

In value terms, tobacco; "homogenised" or "reconstituted" exports amounted to $43K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 316%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tobacco; "Homogenised" or "Reconstituted" in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama43.010.343.043.20.2%
OthersN/AN/AN/AN/A0%
Total43.010.343.043.20.2%

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

  1. Panama (15.5 tons)

Source: IndexBox Market Intelligence Platform

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