Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Morocco - 2023
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco (CIF) - 2023
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco (FOB) - 2023
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco (CIF) - 2023
In June 2023, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $12,316 per ton, remaining stable against the previous month. In general, the import price showed a deep downturn. The most prominent rate of growth was recorded in March 2023 an increase of 174% month-to-month. Over the period under review, average import prices reached the peak figure at $108K per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Romania ($122K per ton), while the price for France ($7,339 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco (FOB) - 2023
The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $11,307 per ton in June 2023, dropping by -91.8% against the previous month. In general, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 1,999% against the previous month. The export price peaked at $188K per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Central African Republic.
From February 2023 to June 2023, the rate of growth in terms of prices for Central African Republic amounted to -0.2% per month.
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco
In 2022, after three years of growth, there was significant decline in supplies from abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume decreased by -82.9% to 215 tons. Over the period under review, imports showed a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, imports reached the peak of 1.3K tons, and then declined rapidly in the following year.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s shrank markedly to $5.1M in 2022. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of $8.6M, and then dropped remarkably in the following year.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 225 | 3,108 | 1281.3% |
| Italy | N/A | 48.6 | 70.3 | 942 | 340.3% |
| France | 673 | 1,065 | 2,010 | 934 | 11.5% |
| United States | 17.4 | 19.0 | 3.8 | 104 | 81.5% |
| Spain | 0.8 | 1.5 | 3.4 | 26.5 | 221.2% |
| Germany | 228 | 177 | 586 | N/A | 60.3% |
| Netherlands | 2,865 | 3,569 | 5,480 | N/A | 38.3% |
| Others | 22.6 | 15.9 | 254 | 25.1 | 3.6% |
| Total | 3,806 | 4,896 | 8,633 | 5,139 | 10.5% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Morocco in 2022:
- France (135.2 tons)
- Romania (44.9 tons)
- Italy (17.2 tons)
- Spain (7.7 tons)
- United States (6.8 tons)
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco
In 2022, shipments abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -97.5% to 7.4 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 83,445% against the previous year. As a result, the exports reached the peak of 296 tons, and then contracted remarkably in the following year.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s contracted remarkably to $1.3M in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 4,163% against the previous year. As a result, the exports attained the peak of $2.7M, and then contracted significantly in the following year.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Central African Republic | N/A | 0.4 | N/A | 0% | |
| France | N/A | 1.9 | N/A | 0% | |
| Others | 0.1 | 0.4 | 1.3 | 260.6% | |
| Total | 0.1 | 2.7 | 1.3 | 260.6% | |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Morocco in 2022:
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