Price for Tobacco, (Not Stemmed or Stripped) in Argentina - 2023

Contents:

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

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

The average import price for tobacco, (not stemmed or stripped)s stood at $6,018 per ton in 2022, falling by -27.1% against the previous year. In general, the import price saw a slight slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31%. As a result, import price attained the peak level of $9,230 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Indonesia ($12,375 per ton), while the price for Turkey ($5,605 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for tobacco, (not stemmed or stripped)s stood at $1,738 per ton in 2022, rising by 66% against the previous year. Overall, the export price, however, showed a abrupt descent. Over the period under review, the average export prices reached the maximum at $3,363 per ton in 2014; however, from 2015 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 Uruguay ($4,009 per ton), while the average price for exports to Brazil amounted to $1,462 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, overseas purchases of tobacco, (not stemmed or stripped)s decreased by -82.3% to 204 tons in 2022. Over the period under review, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. As a result, imports reached the peak of 1.2K tons, and then fell notably in the following year.

In value terms, tobacco, (not stemmed or stripped) imports reduced sharply to $1.2M in 2022. Overall, imports saw a significant contraction. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, imports attained the peak of $9.5M, and then declined dramatically in the following year.

Import of Tobacco, (Not Stemmed or Stripped) in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2.33.94.60.9-26.9%
North Macedonia3.42.61.20.2-61.1%
IndonesiaN/A0.1N/A0.10.0%
GreeceN/AN/A3.7N/A0%
Others0.2N/A0.1N/A-29.3%
Total5.96.59.51.2-41.2%

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

  1. Turkey (166.3 tons)
  2. North Macedonia (27.7 tons)
  3. Indonesia (10.0 tons)

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

After two years of decline, overseas shipments of tobacco, (not stemmed or stripped)s increased by 918% to 5.2K tons in 2022. Over the period under review, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, (not stemmed or stripped) exports skyrocketed to $9M in 2022. Overall, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tobacco, (Not Stemmed or Stripped) in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.42.50.56.841.5%
Uruguay2.3N/AN/A2.30.0%
Belgium0.50.3N/AN/A-40.0%
Others0.3N/AN/AN/A0%
Total5.52.80.59.017.8%

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

  1. Brazil (4.6K tons)
  2. Uruguay (0.6K tons)

Source: IndexBox Market Intelligence Platform

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