Price for Tobacco, (Not Stemmed or Stripped) in Kenya - 2021

Contents:

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

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

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $1,893 per ton, approximately reflecting the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The import price peaked at $7,338 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 South Africa ($4,629 per ton), while the price for Uganda amounted to $1,744 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-9.0%).

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

The average export price for tobacco, (not stemmed or stripped)s stood at $3,512 per ton in 2022, with an increase of 4.9% against the previous year. Over the period under review, the export price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2016 an increase of 18%. As a result, the export price attained the peak level of $4,318 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($4,518 per ton), while the average price for exports to Angola ($2,693 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 Egypt (+4.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of tobacco, (not stemmed or stripped)s imported into Kenya fell slightly to 219 tons, standing approx. at 2021. Over the period under review, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 2.1% against the previous year.

In value terms, tobacco, (not stemmed or stripped) imports totaled $414K in 2022. In general, imports showed a precipitous contraction.

Import of Tobacco, (Not Stemmed or Stripped) in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda40.90.40.40.4-78.6%
South AfricaN/AN/AN/AN/A0%
Others0.6N/AN/AN/A0%
Total41.50.40.40.4-78.7%

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

  1. Uganda (205.4 tons)
  2. South Africa (5.2 tons)

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

In 2022, tobacco, (not stemmed or stripped) exports from Kenya surged to 1.9K tons, increasing by 15% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 381% against the previous year. As a result, the exports reached the peak of 2.1K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, tobacco, (not stemmed or stripped) exports surged to $6.5M in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 429% against the previous year. As a result, the exports attained the peak of $7.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Tobacco, (Not Stemmed or Stripped) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola93.22,5811,2201,441149.1%
South Africa2148868681,01968.2%
Nigeria28270228071136.1%
Germany14444129644745.9%
Netherlands11216225234845.9%
Belgium54.730330433683.1%
United StatesN/AN/AN/A2410%
Egypt92.135732623035.7%
Others4562,2231,8381,74756.5%
Total1,4487,6555,3856,52065.1%

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

  1. Angola (535.3 tons)
  2. South Africa (240.8 tons)
  3. Nigeria (206.6 tons)
  4. Germany (147.9 tons)
  5. Belgium (112.4 tons)
  6. Netherlands (90.1 tons)
  7. United States (77.2 tons)
  8. Egypt (50.9 tons)

Source: IndexBox Market Intelligence Platform

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