Price for Tobacco, (Not Stemmed or Stripped) in Uruguay - 2021
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Uruguay (CIF) - 2022
- Price for Tobacco, (Not Stemmed or Stripped) in Uruguay (FOB) - 2022
- Imports of Tobacco, (Not Stemmed or Stripped) in Uruguay
- Exports of Tobacco, (Not Stemmed or Stripped) in Uruguay
Price for Tobacco, (Not Stemmed or Stripped) in Uruguay (CIF) - 2022
In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $3,850 per ton, with an increase of 5.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($4,646 per ton) and Italy ($4,521 per ton), while the price for Paraguay ($3,203 per ton) and Spain ($3,586 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco, (Not Stemmed or Stripped) in Uruguay (FOB) - 2022
In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $4,744 per ton, with an increase of 2.9% against the previous year. Overall, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2017 an increase of 59%. Over the period under review, the average export prices attained the maximum at $8,062 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -2.7% per year.
Imports of Tobacco, (Not Stemmed or Stripped) in Uruguay
In 2022, purchases abroad of tobacco, (not stemmed or stripped)s increased by 6.8% to 3.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep slump.
In value terms, tobacco, (not stemmed or stripped) imports rose remarkably to $13M in 2022. Overall, imports, however, continue to indicate a pronounced shrinkage.
| Import of Tobacco, (Not Stemmed or Stripped) in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 4.6 | 4.8 | 3.3 | 5.0 | 2.8% |
| Argentina | 1.7 | 1.0 | 1.5 | 2.8 | 18.1% |
| Greece | 0.5 | 0.5 | 0.5 | 2.4 | 68.7% |
| Italy | 1.7 | 1.0 | 0.8 | 2.2 | 9.0% |
| Spain | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Bulgaria | 1.1 | 0.9 | 0.8 | N/A | -14.7% |
| Belgium | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Albania | 1.2 | 1.5 | 1.6 | N/A | 15.5% |
| Others | 3.7 | 2.2 | 2.5 | 0.1 | -70.0% |
| Total | 14.7 | 12.1 | 11.3 | 12.8 | -4.5% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Uruguay in 2022:
- Paraguay (1547.6 tons)
- Argentina (602.8 tons)
- Greece (563.3 tons)
- Italy (484.8 tons)
- Spain (79.2 tons)
Exports of Tobacco, (Not Stemmed or Stripped) in Uruguay
In 2022, the amount of tobacco, (not stemmed or stripped)s exported from Uruguay contracted significantly to 1.6 tons, with a decrease of -91.6% compared with 2021. Overall, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 341%. As a result, the exports attained the peak of 19 tons, and then declined sharply in the following year.
In value terms, tobacco, (not stemmed or stripped) exports dropped remarkably to $7.8K in 2022. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 350% against the previous year. As a result, the exports attained the peak of $90K, and then dropped notably in the following year.
| Export of Tobacco, (Not Stemmed or Stripped) in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 35.7 | 19.7 | 88.7 | 7.8 | -39.8% |
| Netherlands | 0.2 | 0.3 | 0.5 | N/A | 58.1% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 36.0 | 20.0 | 89.8 | 7.8 | -39.9% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Uruguay in 2022:
- Paraguay (1.6 tons)
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