Price for Tobacco; "Homogenised" or "Reconstituted" in India - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in India (FOB) - 2023
- Price for Tobacco; "Homogenised" or "Reconstituted" in India (CIF) - 2023
- Exports of Tobacco; "Homogenised" or "Reconstituted" in India
- Imports of Tobacco; "Homogenised" or "Reconstituted" in India
Price for Tobacco; "Homogenised" or "Reconstituted" in India (FOB) - 2023
In July 2023, the average tobacco; "homogenised" or "reconstituted" export price amounted to $1,739 per ton, shrinking by -38.2% against the previous month. In general, the export price continues to indicate a slight decline. The growth pace was the most rapid in June 2023 when the average export price increased by 66% month-to-month. The export price peaked at $2,847 per ton in February 2023; however, from March 2023 to July 2023, 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 Tunisia.
From August 2022 to July 2023, the rate of growth in terms of prices for Libya amounted to +1.4% per month.
Price for Tobacco; "Homogenised" or "Reconstituted" in India (CIF) - 2023
The average tobacco; "homogenised" or "reconstituted" import price stood at $3,461 per ton in July 2023, leveling off at the previous month. Overall, the import price saw a deep downturn. The growth pace was the most rapid in February 2023 when the average import price increased by 44% month-to-month. The import price peaked at $27,356 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for France.
From July 2022 to July 2023, the rate of growth in terms of prices for France amounted to +1.1% per month.
Exports of Tobacco; "Homogenised" or "Reconstituted" in India
In 2022, approx. 940 tons of tobacco; "homogenised" or "reconstituted"s were exported from India; with an increase of 47% against the previous year. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 211%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tobacco; "homogenised" or "reconstituted" exports expanded notably to $1.6M in 2022. In general, exports, however, saw a slight slump. The pace of growth was the most pronounced in 2021 when exports increased by 151%.
| Export of Tobacco; "Homogenised" or "Reconstituted" in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 769 | 289 | 659 | 823 | 2.3% |
| Libya | 772 | 117 | 495 | 619 | -7.1% |
| Tunisia | 130 | 156 | 106 | 148 | 4.4% |
| Others | 7.4 | 1.5 | 155 | 2.9 | -26.8% |
| Total | 1,677 | 563 | 1,416 | 1,593 | -1.7% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from India in 2022:
- Saudi Arabia (454.0 tons)
- Libya (380.3 tons)
- Tunisia (103.8 tons)
Imports of Tobacco; "Homogenised" or "Reconstituted" in India
In 2022, supplies from abroad of tobacco; "homogenised" or "reconstituted"s was finally on the rise to reach 340 tons after two years of decline. In general, imports, however, showed a sharp curtailment.
In value terms, tobacco; "homogenised" or "reconstituted" imports surged to $1.1M in 2022. Overall, imports, however, continue to indicate a sharp shrinkage.
| Import of Tobacco; "Homogenised" or "Reconstituted" in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,885 | 969 | 336 | 752 | -26.4% |
| South Korea | 422 | 362 | 89.8 | 206 | -21.3% |
| United States | 228 | 203 | 102 | 127 | -17.7% |
| Others | 10.4 | 51.4 | 82.0 | 12.5 | 6.3% |
| Total | 2,545 | 1,586 | 609 | 1,097 | -24.5% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to India in 2022:
- France (247.6 tons)
- South Korea (82.9 tons)
- United States (9.1 tons)
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