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

Contents:

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

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

The average import price for tobacco; partly or wholly stemmed or stripped stood at $4,503 per ton in 2022, declining by -7.3% against the previous year. Overall, 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 36% against the previous year. As a result, import price reached the peak level of $5,017 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Zimbabwe ($5,321 per ton) and Tanzania ($5,177 per ton), while the price for Zambia ($3,800 per ton) and Brazil ($4,011 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+56.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $7,906 per ton, shrinking by -14.5% against the previous year. In general, the export price, however, posted a significant increase. The growth pace was the most rapid in 2019 when the average export price increased by 88% against the previous year. The export price peaked at $9,250 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($10,026 per ton), while the average price for exports to the United Arab Emirates ($2,857 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+62.8%).

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

For the third year in a row, Ethiopia recorded decline in purchases abroad of tobacco; partly or wholly stemmed or stripped, which decreased by -32.2% to 364 tons in 2022. Overall, imports faced a sharp reduction.

In value terms, imports of tobacco; partly or wholly stemmed or stripped contracted significantly to $1.6M in 2022. In general, imports faced a precipitous descent. The smallest decline of -33% was in 2021.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6761,5241,256410-37.5%
Tanzania726605410398-18.2%
Brazil1,01318883.7308-32.8%
Zimbabwe16417819630723.2%
ZambiaN/AN/AN/A2190%
BelgiumN/AN/A474N/A0%
India8,4191,401191N/A-84.9%
Others0.1N/AN/AN/A0%
Total11,9993,8972,6121,641-48.5%

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

  1. China (95.5 tons)
  2. Brazil (76.8 tons)
  3. Tanzania (76.8 tons)
  4. Zimbabwe (57.6 tons)
  5. Zambia (57.6 tons)

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

In 2022, exports of tobacco; partly or wholly stemmed or stripped from Ethiopia skyrocketed to 106 kg, growing by 783% against the year before. Overall, exports showed a buoyant increase.

In value terms, exports of tobacco; partly or wholly stemmed or stripped surged to $838 in 2022. Over the period under review, exports continue to indicate a significant increase.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2391,21375.039117.8%
Malawi15415536.032528.3%
AngolaN/AN/AN/A82.00%
United Arab EmiratesN/AN/AN/A40.00%
OmanN/A197N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3931,56511183828.7%

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

  1. Malawi (40.0 kg)
  2. Germany (39.0 kg)
  3. United Arab Emirates (14.0 kg)
  4. Angola (13.0 kg)

Source: IndexBox Market Intelligence Platform

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