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

Contents:

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

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

In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $16,215 per ton, with an increase of 88% against the previous year. Overall, the export price posted a notable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 175% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($28,540 per ton), while the average price for exports to Peru totaled $9,365 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-5.8%).

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

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $19,405 per ton in 2022, dropping by -32.4% against the previous year. Overall, the import price saw a perceptible slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 2,006% against the previous year. The import price peaked at $29,721 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($18,780 per ton), while the price for Chile amounted to $3,300 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-1.2%).

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

In 2022, shipments abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -22.8% to 1.8 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 5,521%. As a result, the exports reached the peak of 5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s skyrocketed to $30K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,125%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/AN/A16.90%
Peru0.77.217.711.5154.2%
PanamaN/A8.4N/AN/A0%
OthersN/A0.12.81.5287.3%
Total0.715.720.629.8249.2%

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

  1. Peru (1223.0 kg)
  2. Chile (591.0 kg)

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

In 2022, supplies from abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s was finally on the rise to reach 746 kg after two years of decline. In general, imports saw 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 surged to $14K in 2022. Over the period under review, imports continue to indicate a significant expansion. 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 Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt5.65.14.713.734.7%
ChileN/AN/AN/AN/A0%
Others0.30.30.20.732.6%
Total6.05.44.914.534.2%

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

  1. Egypt (732.0 kg)
  2. Chile (10.0 kg)

Source: IndexBox Market Intelligence Platform

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