Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Thailand - 2024
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand (CIF) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand (FOB) - 2024
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand (CIF) - 2022
The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $10,482 per ton in 2022, falling by -7.7% against the previous year. In general, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 487%. The import price peaked at $40,682 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($244,704 per ton), while the price for India ($9,086 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+49.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand (FOB) - 2024
In January 2024, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $11,212 per ton, which is down by -67.1% against the previous month. Over the period under review, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in July 2023 an increase of 87% m-o-m. Over the period under review, the average export prices attained the maximum at $34,036 per ton in December 2023, and then reduced rapidly in the following month.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From February 2023 to January 2024, the rate of growth in terms of prices for Myanmar amounted to -5.0% per month.
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand
In 2022, approx. 189 tons of tobacco; other than "homogenised" or "reconstituted" or "smoking"s were imported into Thailand; jumping by 93% compared with the year before. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 866% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s surged to $2M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 715% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 51.6 | 1,003 | 1,683 | 471.1% |
| Others | 47.1 | 85.1 | 111 | 299 | 85.2% |
| Total | 47.1 | 137 | 1,115 | 1,982 | 247.8% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Thailand in 2022:
- India (185.2 tons)
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, which increased by 105% to 246 tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 558%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s surged to $1.8M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 491% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 838 | 1,721 | 105.4% |
| Turkey | N/A | 40.2 | N/A | 74.0 | 35.7% |
| Singapore | 275 | 125 | 139 | 10.3 | -66.5% |
| Others | N/A | N/A | 2.2 | 0.7 | -68.2% |
| Total | 275 | 166 | 980 | 1,806 | 87.3% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Thailand in 2022:
- Myanmar (224.6 tons)
- Turkey (20.5 tons)
- Singapore (0.3 tons)
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