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

Contents:

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

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

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $6,130 per ton, jumping by 97% against the previous year. Over the period under review, the import price continues to indicate a moderate expansion. The growth pace was the most rapid in 2015 an increase of 115%. Over the period under review, average import prices attained the peak figure at $11,004 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($6,228 per ton), while the price for Brazil stood at $5,792 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+31.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for tobacco, (not stemmed or stripped)s stood at $32,806 per ton in 2022, declining by -47.2% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 a decrease of -2.1%. The export price peaked at $110,227 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($32,816 per ton), while the average price for exports to Sri Lanka totaled $16,750 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+1.6%).

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

In 2022, purchases abroad of tobacco, (not stemmed or stripped)s decreased by -71.6% to 279 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco, (not stemmed or stripped) imports declined sharply to $1.7M in 2022. Over the period under review, imports continue to indicate a precipitous decline. The smallest decline of -7.2% was in 2020.

Import of Tobacco, (Not Stemmed or Stripped) in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2.12.40.71.5-10.6%
BrazilN/AN/A0.10.10.0%
Colombia4.63.81.5N/A-42.9%
Others0.90.90.80.1-51.9%
Total7.67.13.11.7-39.3%

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

  1. Turkey (242.6 tons)
  2. Brazil (20.8 tons)

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

In 2022, exports of tobacco, (not stemmed or stripped)s from Chile surged to 6.4 tons, increasing by 541% compared with the previous year. Over the period under review, exports saw significant 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 soared to $210K in 2022. Overall, exports, however, recorded a dramatic contraction.

Export of Tobacco, (Not Stemmed or Stripped) in Chile (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United States32762.1210-19.9%
Brazil31.5N/AN/A0%
Others0.10.10.10.0%
Total35862.2210-23.4%

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

  1. United States (6.4 tons)

Source: IndexBox Market Intelligence Platform

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