Price for Tobacco, (Not Stemmed or Stripped) in Guatemala - 2023
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Guatemala (FOB) - 2022
- Price for Tobacco, (Not Stemmed or Stripped) in Guatemala (CIF) - 2022
- Exports of Tobacco, (Not Stemmed or Stripped) in Guatemala
- Imports of Tobacco, (Not Stemmed or Stripped) in Guatemala
Price for Tobacco, (Not Stemmed or Stripped) in Guatemala (FOB) - 2022
In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $3,299 per ton, almost unchanged from the previous year. In general, the export price recorded significant growth. The pace of growth appeared the most rapid in 2020 an increase of 465%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($5,241 per ton), while the average price for exports to El Salvador ($165 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tobacco, (Not Stemmed or Stripped) in Guatemala (CIF) - 2022
In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $5,165 per ton, with a decrease of -68.2% against the previous year. Over the period under review, the import price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2019 an increase of 952% against the previous year. As a result, import price attained the peak level of $45,000 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 the United States ($36,219 per ton), while the price for Honduras stood at $3,970 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco, (Not Stemmed or Stripped) in Guatemala
In 2022, after three years of growth, there was significant decline in overseas shipments of tobacco, (not stemmed or stripped)s, when their volume decreased by -30.3% to 3.2K tons. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 453%.
In value terms, tobacco, (not stemmed or stripped) exports shrank dramatically to $11M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 3,020% against the previous year.
| Export of Tobacco, (Not Stemmed or Stripped) in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 6.8 | 14.1 | 8.6 | 12.5% |
| Dominican Republic | N/A | N/A | N/A | 1.8 | 0% |
| El Salvador | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Honduras | N/A | 0.1 | 0.7 | N/A | 600.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.2 | 7.0 | 14.9 | 10.5 | 274.4% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Guatemala in 2022:
- United States (2236.0 tons)
- El Salvador (587.5 tons)
- Dominican Republic (348.6 tons)
- Honduras (17.6 tons)
Imports of Tobacco, (Not Stemmed or Stripped) in Guatemala
In 2022, imports of tobacco, (not stemmed or stripped)s into Guatemala soared to 1 tons, increasing by 5,065% on the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tobacco, (not stemmed or stripped) imports soared to $5.3K in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tobacco, (Not Stemmed or Stripped) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | N/A | 4.0 | 0% |
| United States | 0.1 | 0.9 | 0.2 | 1.2 | 128.9% |
| Others | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Total | 0.1 | 0.9 | 0.3 | 5.3 | 275.6% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Guatemala in 2022:
- Honduras (1000.0 kg)
- United States (32.0 kg)
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