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

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Nepal (CIF) - 2022
  2. Imports of Tobacco, (Not Stemmed or Stripped) in Nepal

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

The average import price for tobacco, (not stemmed or stripped)s stood at $1,671 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs at $2,721 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.3% per year.

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

In 2022, overseas purchases of tobacco, (not stemmed or stripped)s decreased by -99.8% to 2.5 tons, falling for the second year in a row after two years of growth. Overall, imports saw a precipitous slump. The growth pace was the most rapid in 2020 when imports increased by 13%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, tobacco, (not stemmed or stripped) imports declined markedly to $4.1K in 2022. Over the period under review, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 6.3%. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tobacco, (Not Stemmed or Stripped) in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.93.11.8N/A-21.2%
OthersN/AN/AN/AN/A0%
Total2.93.11.8N/A-21.2%

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

  1. India (2.5 tons)

Source: IndexBox Market Intelligence Platform

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