Price for Tobacco, (Not Stemmed or Stripped) in Angola - 2022

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Angola (CIF) - 2022
  2. Price for Tobacco, (Not Stemmed or Stripped) in Angola (FOB) - 2022
  3. Imports of Tobacco, (Not Stemmed or Stripped) in Angola
  4. Exports of Tobacco, (Not Stemmed or Stripped) in Angola

Price for Tobacco, (Not Stemmed or Stripped) in Angola (CIF) - 2022

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $3,321 per ton, rising by 4.1% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, (not stemmed or stripped) import price decreased by -12.8% against 2019 indices. The growth pace was the most rapid in 2018 an increase of 43%. The import price peaked at $3,807 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($7,512 per ton), while the price for Uganda ($1,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+78.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Angola (FOB) - 2022

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $1,911 per ton, falling by -6.3% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, (not stemmed or stripped) export price increased by +40.3% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 32% against the previous year. Over the period under review, the average export prices reached the maximum at $2,040 per ton in 2021, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for Sao Tome and Principe.

From 2012 to 2022, the rate of growth in terms of prices for Sao Tome and Principe amounted to +4.0% per year.

Imports of Tobacco, (Not Stemmed or Stripped) in Angola

Tobacco, (not stemmed or stripped) imports into Angola rose markedly to 1.4K tons in 2022, increasing by 12% on the year before. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 320% against the previous year. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tobacco, (not stemmed or stripped) imports skyrocketed to $4.6M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 284%. As a result, imports reached the peak of $5.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tobacco, (Not Stemmed or Stripped) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya4944,1202,2623,38589.9%
Brazil4985271336147.2%
South Africa16217840556751.8%
Uganda46.744.338.243.0-2.7%
MozambiqueN/A385N/AN/A0%
TanzaniaN/AN/A1,111N/A0%
Others1685.118.54.9-69.2%
Total1,3695,2603,9684,61449.9%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Angola in 2022:

  1. Kenya (1058.2 tons)
  2. Brazil (230.0 tons)
  3. South Africa (75.5 tons)
  4. Uganda (23.8 tons)

Exports of Tobacco, (Not Stemmed or Stripped) in Angola

In 2022, shipments abroad of tobacco, (not stemmed or stripped)s was finally on the rise to reach 404 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt setback.

In value terms, tobacco, (not stemmed or stripped) exports reduced modestly to $772 in 2022. In general, exports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.4% against the previous year.

Export of Tobacco, (Not Stemmed or Stripped) in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sao Tome and Principe11911977377286.5%
NamibiaN/A651N/AN/A0%
Rwanda727N/AN/AN/A0%
Others38.0N/AN/AN/A0%
Total884770773772-4.4%

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Angola in 2022:

  1. Sao Tome and Principe (404.0 kg)

Source: IndexBox Market Intelligence Platform

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