Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Nepal - 2022
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal (CIF) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal (FOB) - 2022
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal (CIF) - 2022
In 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $4,558 per ton, rising by 3.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.1% per year.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal (FOB) - 2022
The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $4,300 per ton in 2022, waning by -2.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 21%. Over the period under review, the average export prices hit record highs at $5,360 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($4,630 per ton), while the average price for exports to Israel ($3,571 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 Afghanistan (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal
In 2022, approx. 946 tons of tobacco; other than "homogenised" or "reconstituted" or "smoking"s were imported into Nepal; rising by 387% on the year before. In general, imports recorded a significant increase. 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 $4.3M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.9 | 1.2 | 0.8 | 4.3 | 68.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.9 | 1.2 | 0.9 | 4.3 | 68.4% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Nepal in 2022:
- India (941.3 tons)
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal
In 2022, after two years of decline, there was significant growth in overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume increased by 41% to 124 tons. Over the period under review, exports, however, continue to indicate a significant contraction.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s skyrocketed to $534K in 2022. Overall, exports, however, showed a dramatic contraction.
Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 884 | 451 | 242 | 383 | -24.3% |
Israel | 25.1 | 12.4 | 4.3 | 126 | 71.2% |
Japan | 7.1 | 20.5 | 30.2 | 25.5 | 53.1% |
Uganda | 35.6 | 40.2 | 40.2 | N/A | 6.3% |
Others | 88.9 | 55.7 | 72.6 | N/A | -9.6% |
Total | 1,041 | 580 | 389 | 534 | -19.9% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Nepal in 2022:
- Malaysia (82.7 tons)
- Israel (35.2 tons)
- Japan (6.3 tons)
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