Price for Tobacco; Partly or Wholly Stemmed or Stripped in Colombia - 2022

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Colombia (FOB) - 2022
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Colombia (CIF) - 2022
  3. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Colombia
  4. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Colombia

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Colombia (FOB) - 2022

The average export price for tobacco; partly or wholly stemmed or stripped stood at $7,316 per ton in 2022, jumping by 42% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tobacco; partly or wholly stemmed or stripped increased by +77.6% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($9,595 per ton), while the average price for exports to Poland ($2,800 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 Germany (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Colombia (CIF) - 2022

In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $5,493 per ton, growing by 34% against the previous year. In general, the import price, however, showed a mild curtailment. Over the period under review, average import prices reached the peak figure at $6,232 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to +7.8% per year.

Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Colombia

In 2022, exports of tobacco; partly or wholly stemmed or stripped from Colombia declined notably to 542 tons, waning by -56.7% against the previous year's figure. In general, exports faced a dramatic contraction. The smallest decline of -41.9% was in 2021.

In value terms, exports of tobacco; partly or wholly stemmed or stripped shrank dramatically to $4M in 2022. Over the period under review, exports faced a significant decline. The smallest decline of -27.1% was in 2021.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.4N/AN/A1.140.1%
Dominican Republic0.50.3N/A0.817.0%
NicaraguaN/A0.70.70.70.0%
Honduras1.00.30.50.5-20.6%
United States1.50.30.40.4-35.6%
Belgium6.40.43.20.3-63.9%
PolandN/AN/AN/A0.10%
Chile8.15.6N/AN/A-30.9%
Switzerland6.6N/AN/AN/A0%
Mexico5.8N/AN/AN/A0%
Brazil1.10.3N/AN/A-72.7%
Others0.91.01.60.1-51.9%
Total32.38.96.54.0-50.2%

Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Colombia in 2022:

  1. Germany (115.2 tons)
  2. Dominican Republic (84.9 tons)
  3. Belgium (83.0 tons)
  4. Nicaragua (76.2 tons)
  5. Honduras (60.1 tons)
  6. United States (57.1 tons)
  7. Poland (28.6 tons)

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Colombia

In 2022, overseas purchases of tobacco; partly or wholly stemmed or stripped increased by 108% to 82 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp setback.

In value terms, imports of tobacco; partly or wholly stemmed or stripped skyrocketed to $453K in 2022. In general, imports, however, showed a dramatic descent.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil690213161443-13.7%
Ecuador303N/AN/AN/A0%
Argentina310N/AN/AN/A0%
OthersN/A2.31.89.8106.4%
Total1,303215163453-29.7%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Colombia in 2022:

  1. Brazil (81.8 tons)

Source: IndexBox Market Intelligence Platform

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