Price for Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $12,154 per ton, waning by -19.4% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the maximum at $15,079 per ton in 2021, and then declined dramatically in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nicaragua ($13,889 per ton), while the price for the Dominican Republic ($10,432 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $14,496 per ton in 2022, flattening at the previous year. Overall, the export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2015 an increase of 87% against the previous year. As a result, the export price reached the peak level of $31,237 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +9.1% per year.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica
In 2022, approx. 60 tons of tobacco; partly or wholly stemmed or stripped were imported into Costa Rica; increasing by 30% on the previous year. In general, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 469% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of tobacco; partly or wholly stemmed or stripped rose slightly to $729K in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 823% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 6.7 | 0.7 | 12.2 | 388 | 286.9% |
| Dominican Republic | 13.1 | 0.9 | 7.2 | 310 | 187.1% |
| Peru | 6.8 | 0.3 | 6.3 | 31.0 | 65.8% |
| Argentina | 107 | 22.1 | 196 | N/A | 35.3% |
| Switzerland | 12.8 | 2.5 | 21.4 | N/A | 29.3% |
| Mozambique | 3.1 | 0.6 | 4.8 | N/A | 24.4% |
| Guatemala | 64.2 | 14.6 | 142 | N/A | 48.7% |
| North Macedonia | 19.2 | 4.2 | 39.3 | N/A | 43.1% |
| Greece | 28.6 | 6.5 | 62.7 | N/A | 48.1% |
| Poland | 13.2 | 2.4 | 18.8 | N/A | 19.3% |
| Mexico | 35.6 | 7.1 | 60.4 | N/A | 30.3% |
| Colombia | 21.2 | 4.6 | 42.6 | N/A | 41.8% |
| Brazil | 12.2 | 1.9 | 13.0 | N/A | 3.2% |
| Others | 37.5 | 6.9 | 68.9 | N/A | 35.5% |
| Total | 381 | 75.2 | 695 | 729 | 24.1% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Costa Rica in 2022:
- Dominican Republic (29.7 tons)
- Nicaragua (28.0 tons)
- Peru (2.3 tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica
In 2022, after two years of decline, there was significant decline in overseas shipments of tobacco; partly or wholly stemmed or stripped, when their volume decreased by -50% to 1.6 tons. In general, exports recorded a sharp curtailment.
In value terms, exports of tobacco; partly or wholly stemmed or stripped fell notably to $24K in 2022. Over the period under review, exports showed a dramatic decrease.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 29.8 | N/A | 26.4 | 23.8 | -7.2% |
| Nicaragua | N/A | N/A | 21.1 | N/A | 0% |
| Brazil | 33.3 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.2 | 0.1 | -30.7% |
| Total | 63.3 | N/A | 47.8 | 23.9 | -27.7% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Costa Rica in 2022:
- Dominican Republic (1647.0 kg)
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