Price for Tobacco; "Homogenised" or "Reconstituted" in South Africa - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in South Africa (CIF) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in South Africa (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in South Africa
- Exports of Tobacco; "Homogenised" or "Reconstituted" in South Africa
Price for Tobacco; "Homogenised" or "Reconstituted" in South Africa (CIF) - 2022
The average tobacco; "homogenised" or "reconstituted" import price stood at $118,142 per ton in 2022, picking up by 160% against the previous year. Over the period under review, the import price enjoyed significant growth. The pace of growth appeared the most rapid in 2020 an increase of 1,067%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($120,156 per ton), while the price for Sweden stood at $59,408 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tobacco; "Homogenised" or "Reconstituted" in South Africa (FOB) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $4,261 per ton, surging by 9.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 106% against the previous year. The export price peaked at $20,409 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($24,755 per ton), while the average price for exports to Lesotho ($2,419 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 Democratic Republic of the Congo (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; "Homogenised" or "Reconstituted" in South Africa
Tobacco; "homogenised" or "reconstituted" imports into South Africa dropped rapidly to 72 kg in 2022, with a decrease of -99.5% compared with the year before. In general, imports saw a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year.
In value terms, tobacco; "homogenised" or "reconstituted" imports shrank notably to $8.6K in 2022. Overall, imports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 77%.
Import of Tobacco; "Homogenised" or "Reconstituted" in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 536 | 344 | 560 | 8.4 | -75.0% |
Sweden | N/A | N/A | N/A | 0.1 | 0% |
France | 209 | N/A | N/A | N/A | 0% |
Italy | 794 | N/A | N/A | N/A | 0% |
Others | 1.1 | 0.1 | 48.1 | N/A | 561.3% |
Total | 1,540 | 344 | 608 | 8.6 | -82.3% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to South Africa in 2022:
- United States (70.0 kg)
- Sweden (2.0 kg)
Exports of Tobacco; "Homogenised" or "Reconstituted" in South Africa
For the third consecutive year, South Africa recorded decline in shipments abroad of tobacco; "homogenised" or "reconstituted"s, which decreased by -92.4% to 694 kg in 2022. In general, exports recorded a precipitous setback. The smallest decline of -20.9% was in 2021.
In value terms, tobacco; "homogenised" or "reconstituted" exports contracted significantly to $3K in 2022. Overall, exports saw a dramatic downturn. The smallest decline of -19.2% was in 2021.
Export of Tobacco; "Homogenised" or "Reconstituted" in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mozambique | 0.3 | N/A | N/A | 1.2 | 58.7% |
Lesotho | 35.0 | 42.4 | 29.2 | 1.1 | -68.4% |
Namibia | N/A | 0.9 | 3.4 | 0.6 | -18.4% |
Algeria | 375 | N/A | N/A | N/A | 0% |
Others | 8.2 | 0.7 | 2.9 | N/A | -40.5% |
Total | 419 | 44.0 | 35.5 | 3.0 | -80.7% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from South Africa in 2022:
- Lesotho (450.0 kg)
- Mozambique (219.0 kg)
- Namibia (26.0 kg)
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