Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh - 2022
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh (FOB) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh (CIF) - 2022
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh (FOB) - 2022
The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $10,188 per ton in 2022, increasing by 38% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2021 an increase of 90%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($18,337 per ton), while the average price for exports to the Philippines ($3,008 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 India (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh (CIF) - 2022
The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $5,762 per ton in 2022, waning by -34.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 68%. The import price peaked at $8,778 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($55,307 per ton), while the price for the United Arab Emirates ($1,552 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh
In 2022, the amount of tobacco; other than "homogenised" or "reconstituted" or "smoking"s exported from Bangladesh soared to 21 tons, increasing by 110% against 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,266% against the previous year. As a result, the exports attained the peak of 166 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s soared to $215K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 876%. As a result, the exports reached the peak of $644K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 48.2 | 465 | 54.0 | 142 | 43.4% |
| United Arab Emirates | 7.8 | 68.0 | 8.0 | 21.6 | 40.4% |
| India | 2.6 | 30.5 | 4.4 | 14.9 | 79.0% |
| United States | 0.8 | 7.6 | 1.2 | 10.6 | 136.6% |
| United Kingdom | 3.3 | 29.0 | 3.5 | 9.3 | 41.3% |
| Philippines | 1.8 | 15.8 | 1.9 | 5.2 | 42.4% |
| Others | 1.4 | 28.5 | 1.3 | 11.3 | 100.6% |
| Total | 66.0 | 644 | 74.2 | 215 | 48.2% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Bangladesh in 2022:
- Turkey (14.6 tons)
- United Kingdom (1.8 tons)
- Philippines (1.7 tons)
- United Arab Emirates (1.5 tons)
- India (0.9 tons)
- United States (0.6 tons)
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh
In 2022, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s into Bangladesh shrank notably to 29 tons, falling by -75.8% against the previous year. In general, imports saw a significant contraction. The smallest decline of -16.9% was in 2020.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s contracted significantly to $170K in 2022. Overall, imports showed a precipitous curtailment. The smallest decline of -15.8% was in 2020.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 114 | 159 | 119 | 53.3 | -22.4% |
| Indonesia | 401 | 384 | 154 | 46.6 | -51.2% |
| Philippines | 56.8 | 86.4 | 70.5 | 34.5 | -15.3% |
| Pakistan | 15.4 | 26.6 | 24.8 | 13.5 | -4.3% |
| United Arab Emirates | 14.9 | 12.8 | 5.9 | 1.0 | -59.4% |
| Germany | N/A | 548 | 600 | N/A | 9.5% |
| United Kingdom | 783 | N/A | N/A | N/A | 0% |
| Others | 176 | 97.2 | 94.2 | 21.0 | -50.8% |
| Total | 1,561 | 1,315 | 1,068 | 170 | -52.2% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Bangladesh in 2022:
- Switzerland (12.3 tons)
- Philippines (5.9 tons)
- Indonesia (5.5 tons)
- Pakistan (4.7 tons)
- United Arab Emirates (0.6 tons)
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