Price for Tobacco; "Homogenised" or "Reconstituted" in Tanzania - 2022

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

The average tobacco; "homogenised" or "reconstituted" export price stood at $2,155 per ton in 2022, jumping by 23% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices attained the maximum at $3,834 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($4,418 per ton), while the average price for exports to South Africa totaled $1,605 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-1.6%).

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

The average tobacco; "homogenised" or "reconstituted" import price stood at $5,320 per ton in 2022, picking up by 6.4% against the previous year. In general, the import price showed a mild increase. The growth pace was the most rapid in 2014 when the average import price increased by 22%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -0.7% per year.

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

In 2022, overseas shipments of tobacco; "homogenised" or "reconstituted"s increased by 33% to 343 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous shrinkage.

In value terms, tobacco; "homogenised" or "reconstituted" exports surged to $739 in 2022. Overall, exports, however, saw a significant decrease.

Export of Tobacco; "Homogenised" or "Reconstituted" in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	15.1	2.6	0.5	0.4	-70.2%
Switzerland	N/A	N/A	N/A	0.3	0%
Others	N/A	N/A	N/A	N/A	0%
Total	15.1	2.6	0.5	0.7	-64.1%

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

South Africa (276.0 kg)
Switzerland (67.0 kg)

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

In 2022, the amount of tobacco; "homogenised" or "reconstituted"s imported into Tanzania shrank dramatically to 25 kg, with a decrease of -19.4% against the previous year. In general, imports faced a abrupt descent. The smallest decline of -16.2% was in 2021.

In value terms, tobacco; "homogenised" or "reconstituted" imports shrank to $133 in 2022. Over the period under review, imports showed a abrupt shrinkage. The smallest decline of -13.9% was in 2021.