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

Contents:

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

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

The average import price for tobacco, (not stemmed or stripped)s stood at $4,672 per ton in 2022, shrinking by -12.9% against the previous year. Overall, the import price continues to indicate a slight reduction. The growth pace was the most rapid in 2018 when the average import price increased by 46%. Over the period under review, average import prices attained the peak figure at $5,609 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Greece ($4,673 per ton) and Uganda ($4,672 per ton), while the price for Thailand ($4,672 per ton) and China ($4,672 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+25.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for tobacco, (not stemmed or stripped)s stood at $5,245 per ton in 2022, surging by 49% against the previous year. Overall, the export price posted buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 97% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +79.4% per year.

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

In 2022, approx. 10K tons of tobacco, (not stemmed or stripped)s were imported into Egypt; declining by -9.7% compared with the previous year's figure. In general, imports saw a sharp slump.

In value terms, tobacco, (not stemmed or stripped) imports reduced markedly to $49M in 2022. Over the period under review, imports recorded a precipitous slump. The smallest decline of -19.9% was in 2020.

Import of Tobacco, (Not Stemmed or Stripped) in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India35.717215.219.2-18.7%
Brazil63.50.15.014.1-39.4%
Malawi90.88.316.15.0-62.0%
Uganda3.90.61.24.11.7%
Thailand4.0N/AN/A2.0-20.6%
China36.54.30.20.5-76.1%
Indonesia46.81.00.20.1-87.1%
Philippines9.84.2N/AN/A-57.1%
Others50.782.924.23.8-57.8%
Total34227462.248.9-47.7%

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

  1. Indonesia (undefinedK tons)
  2. India (4.1K tons)
  3. Brazil (3.0K tons)
  4. Malawi (1.1K tons)
  5. Uganda (0.9K tons)
  6. Thailand (0.4K tons)
  7. China (0.1K tons)

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

After two years of decline, shipments abroad of tobacco, (not stemmed or stripped)s increased by 294% to 28 tons in 2022. In general, exports, however, saw a abrupt decrease.

In value terms, tobacco, (not stemmed or stripped) exports soared to $146K in 2022. Overall, exports recorded a significant increase. 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 Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
OmanN/AN/AN/A1460%
Nigeria19.744.724.8N/A12.2%
Sri Lanka41.8N/AN/AN/A0%
United Arab Emirates3.4N/AN/AN/A0%
Others0.6N/AN/AN/A0%
Total65.544.724.814630.6%

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

  1. Oman (27.8 tons)

Source: IndexBox Market Intelligence Platform

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