Price for Tobacco, (Not Stemmed or Stripped) in China - 2023
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in China (CIF) - 2023
- Price for Tobacco, (Not Stemmed or Stripped) in China (FOB) - 2022
- Imports of Tobacco, (Not Stemmed or Stripped) in China
- Exports of Tobacco, (Not Stemmed or Stripped) in China
Price for Tobacco, (Not Stemmed or Stripped) in China (CIF) - 2023
The average import price for tobacco, (not stemmed or stripped)s stood at $37,480 per ton in June 2023, approximately equating the previous month. Over the period under review, the import price showed pronounced growth. The most prominent rate of growth was recorded in November 2022 an increase of 706% against the previous month. Over the period under review, average import prices reached the maximum at $64,888 per ton in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($351K per ton), while the price for the Dominican Republic amounted to $37,387 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco, (Not Stemmed or Stripped) in China (FOB) - 2022
The average export price for tobacco, (not stemmed or stripped)s stood at $4,629 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the export price recorded temperate growth. The growth pace was the most rapid in 2020 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,858 per ton in 2015; however, from 2016 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 Egypt ($7,611 per ton), while the average price for exports to Indonesia totaled $4,603 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+5.4%).
Imports of Tobacco, (Not Stemmed or Stripped) in China
In 2022, imports of tobacco, (not stemmed or stripped)s into China soared to 3.8K tons, jumping by 97% compared with the previous year's figure. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tobacco, (not stemmed or stripped) imports soared to $87M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tobacco, (Not Stemmed or Stripped) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 3.2 | 5.0 | N/A | 54.8 | 157.8% |
| Indonesia | N/A | 9.3 | 10.1 | 29.5 | 78.1% |
| Zambia | 0.8 | 0.9 | 0.9 | 0.9 | 4.0% |
| Zimbabwe | 13.7 | 13.2 | 12.0 | N/A | -6.4% |
| United Arab Emirates | N/A | 1.1 | 0.5 | N/A | -54.5% |
| Myanmar | 2.2 | N/A | N/A | N/A | 0% |
| Others | 2.1 | 1.5 | 0.2 | 1.9 | -3.3% |
| Total | 22.1 | 31.0 | 23.6 | 87.1 | 58.0% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to China in 2022:
- Indonesia (2053.1 tons)
- Dominican Republic (1575.6 tons)
- Zambia (99.0 tons)
Exports of Tobacco, (Not Stemmed or Stripped) in China
After two years of decline, overseas shipments of tobacco, (not stemmed or stripped)s increased by 23% to 2.1K tons in 2022. Overall, exports, however, recorded a abrupt descent.
In value terms, tobacco, (not stemmed or stripped) exports soared to $9.8M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
| Export of Tobacco, (Not Stemmed or Stripped) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.4 | 5.0 | 4.8 | 8.2 | 34.1% |
| Egypt | 0.2 | 0.2 | 0.7 | 1.3 | 86.6% |
| Democratic People's Republic of Korea | 5.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 5.1 | 1.7 | 0.3 | -75.7% |
| Total | 9.4 | 10.3 | 7.2 | 9.8 | 1.4% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from China in 2022:
- Indonesia (1786.1 tons)
- Egypt (165.4 tons)
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