Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico - 2022

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico (FOB) - 2022
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico (CIF) - 2022
  3. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico
  4. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico (FOB) - 2022

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $8,198 per ton in 2022, waning by -4.3% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 19%. The export price peaked at $15,955 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($8,711 per ton), while the average price for exports to Chile stood at $5,728 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-6.8%), while the prices for the other major destinations experienced a decline.

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico (CIF) - 2022

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $11,638 per ton in 2022, dropping by -9.9% against the previous year. Over the period under review, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 56% against the previous year. The import price peaked at $18,963 per ton in 2020; however, from 2021 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +26.8% per year.

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico

In 2022, overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -20.5% to 413 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 246% against the previous year.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s shrank sharply to $3.4M in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 265% against the previous year.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A2.04.23.022.5%
Chile0.50.80.20.4-7.2%
Dominican Republic0.1N/A0.1N/A0.0%
Others0.1N/AN/AN/A0%
Total0.82.84.43.462.0%

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

  1. Canada (339.8 tons)
  2. Chile (72.5 tons)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume decreased by -98.4% to 5.6 tons. In general, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 224% against the previous year.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s declined markedly to $65K in 2022. Over the period under review, imports faced a significant decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 314%.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27136626041.1-46.7%
Italy3921,549N/AN/A295.2%
NetherlandsN/AN/A212N/A0%
RomaniaN/A2661,895N/A612.4%
Others3942,2012,27324.4-60.4%
Total1,0574,3824,64065.5-60.4%

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

  1. United States (3.6 tons)

Source: IndexBox Market Intelligence Platform

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