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

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

The average import price for tobacco; partly or wholly stemmed or stripped stood at $6,542 per ton in 2022, picking up by 3.1% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tobacco; partly or wholly stemmed or stripped decreased by -17.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 73%. Over the period under review, average import prices attained the peak figure at $7,923 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($8,992 per ton), while the price for Iran ($1,571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tobacco; partly or wholly stemmed or stripped stood at $5,508 per ton in 2022, dropping by -24% against the previous year. Over the period under review, the export price saw a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $30,844 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($8,474 per ton), while the average price for exports to the United Arab Emirates totaled $2,542 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-64.9%).

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of tobacco; partly or wholly stemmed or stripped, when their volume decreased by -25.7% to 589 tons. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 186% against the previous year.

In value terms, imports of tobacco; partly or wholly stemmed or stripped reduced rapidly to $3.9M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 151%.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Iraq (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Croatia	N/A	185	N/A	1,676	201.0%
United Arab Emirates	860	1,100	2,662	1,334	15.8%
Poland	N/A	N/A	409	343	-16.1%
Iran	97.9	124	293	205	27.9%
Jordan	30.6	1,186	1,513	175	78.8%
Italy	18.9	11.1	134	115	82.6%
Others	58.8	69.3	22.2	6.3	-52.5%
Total	1,067	2,675	5,034	3,854	53.4%

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

Croatia (186.4 tons)
United Arab Emirates (184.2 tons)
Iran (130.4 tons)
Poland (40.1 tons)
Jordan (30.8 tons)
Italy (16.5 tons)

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

In 2022, exports of tobacco; partly or wholly stemmed or stripped from Iraq surged to 35 tons, increasing by 19% on the previous year's figure. The total export volume increased at an average annual rate of +19.2% from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tobacco; partly or wholly stemmed or stripped declined to $193K in 2022. In general, exports, however, showed a deep slump.