Price for Tobacco, (Not Stemmed or Stripped) in Venezuela - 2022
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Venezuela (CIF) - 2022
- Price for Tobacco, (Not Stemmed or Stripped) in Venezuela (FOB) - 2022
- Imports of Tobacco, (Not Stemmed or Stripped) in Venezuela
- Exports of Tobacco, (Not Stemmed or Stripped) in Venezuela
Price for Tobacco, (Not Stemmed or Stripped) in Venezuela (CIF) - 2022
In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $1,645 per ton, declining by -8.6% against the previous year. Overall, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 45%. As a result, import price reached the peak level of $6,275 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,376 per ton), while the price for Colombia amounted to $287 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-11.0%).
Price for Tobacco, (Not Stemmed or Stripped) in Venezuela (FOB) - 2022
In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $7,750 per ton, growing by 53% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, (not stemmed or stripped) export price decreased by -0.2% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 93%. Over the period under review, the average export prices reached the peak figure at $7,769 per ton in 2020; afterwards, it flattened through to 2022.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +4.5% per year.
Imports of Tobacco, (Not Stemmed or Stripped) in Venezuela
In 2022, supplies from abroad of tobacco, (not stemmed or stripped)s was finally on the rise to reach 16 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp reduction.
In value terms, tobacco, (not stemmed or stripped) imports soared to $26K in 2022. Over the period under review, imports, however, showed a precipitous setback.
| Import of Tobacco, (Not Stemmed or Stripped) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 60.8 | 37.4 | 8.7 | 21.8 | -29.0% |
| Colombia | 15.1 | 5.0 | 0.2 | 1.9 | -49.9% |
| Others | 0.7 | 0.4 | 0.1 | 2.2 | 46.5% |
| Total | 76.6 | 42.8 | 9.0 | 25.9 | -30.3% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Venezuela in 2022:
- Turkey (9.2 tons)
- Colombia (6.5 tons)
Exports of Tobacco, (Not Stemmed or Stripped) in Venezuela
Tobacco, (not stemmed or stripped) exports from Venezuela fell rapidly to 12 kg in 2022, waning by -29.4% on 2021 figures. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of 17 kg, and then reduced sharply in the following year.
In value terms, tobacco, (not stemmed or stripped) exports totaled $93 in 2022. Over the period under review, exports showed a abrupt curtailment.
| Export of Tobacco, (Not Stemmed or Stripped) in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 121 | 101 | 85.0 | 93.0 | -8.4% |
| Trinidad and Tobago | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 121 | 101 | 86.0 | 93.0 | -8.4% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Venezuela in 2022:
- Aruba (12.0 kg)
524
This report provides an in-depth analysis of the unmanufactured tobacco market in Venezuela.
2381
This report provides an in-depth analysis of the global unmanufactured tobacco market.
524
This report provides an in-depth analysis of the unmanufactured tobacco market in Venezuela.
2381
This report provides an in-depth analysis of the global unmanufactured tobacco market.
838
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
1042
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
2117
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
1358
Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
838
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
