Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in India - 2023

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India (FOB) - 2023
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India (CIF) - 2023
  3. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India
  4. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India (FOB) - 2023

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $12,087 per ton in November 2023, jumping by 16% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 37% month-to-month. As a result, the export price attained the peak level of $15,716 per ton. From March 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($39,269 per ton), while the average price for exports to Singapore ($6,148 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+14.2%), 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 India (CIF) - 2023

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $7,156 per ton in November 2023, rising by 7.8% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 67% month-to-month. As a result, import price reached the peak level of $10,796 per ton. From January 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($10,423 per ton), while the price for South Africa ($6,167 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+52.4%), 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 India

After two years of decline, overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s increased by 145% to 53K tons in 2022. In general, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s expanded to $245M in 2022. Over the period under review, exports, however, recorded a abrupt decrease.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates7.68.57.494.7131.8%
United States35.534.235.225.3-10.7%
AzerbaijanN/AN/A3.118.9509.7%
Singapore9.234.522.915.619.2%
Myanmar0.5N/AN/A13.5200.0%
Yemen10.913.313.412.34.1%
Afghanistan93.847.150.311.4-50.5%
Thailand43.432.636.89.0-40.8%
Malaysia13.85.34.13.2-38.6%
Saudi Arabia6.74.61.01.9-34.3%
Sri Lanka19.61.88.10.7-67.1%
Others49.448.851.538.9-7.7%
Total290231234245-5.5%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from India in 2022:

  1. United Arab Emirates (38.4K tons)
  2. Azerbaijan (2.7K tons)
  3. Myanmar (1.7K tons)
  4. Yemen (1.4K tons)
  5. Singapore (1.3K tons)
  6. Afghanistan (0.9K tons)
  7. Thailand (0.9K tons)
  8. United States (0.7K tons)
  9. Saudi Arabia (0.4K tons)
  10. Malaysia (0.4K tons)

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India

In 2022, approx. 2.5K tons of tobacco; other than "homogenised" or "reconstituted" or "smoking"s were imported into India; surging by 55% against the previous year's figure. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s skyrocketed to $16M in 2022. In general, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines5.94.57.311.324.2%
Indonesia3.32.22.34.39.2%
United Arab Emirates0.6N/A0.20.1-45.0%
South Africa0.3N/AN/AN/A0%
Others0.60.70.30.3-20.6%
Total10.77.510.115.914.1%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to India in 2022:

  1. Philippines (1986.7 tons)
  2. Indonesia (414.0 tons)
  3. United Arab Emirates (18.0 tons)

Source: IndexBox Market Intelligence Platform

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