Price for Tobacco; Partly or Wholly Stemmed or Stripped in Morocco - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Morocco (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Morocco (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Morocco
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Morocco
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Morocco (CIF) - 2022
The average import price for tobacco; partly or wholly stemmed or stripped stood at $3,666 per ton in 2022, which is down by -8.3% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $8,101 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($6,107 per ton), while the price for Tanzania ($887 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Morocco (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $2,058 per ton in 2022, leveling off at the previous year. Overall, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 82% against the previous year. As a result, the export price attained the peak level of $6,688 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,052 per ton), while the average price for exports to Cote d'Ivoire ($1,380 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 (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Morocco
For the third consecutive year, Morocco recorded decline in supplies from abroad of tobacco; partly or wholly stemmed or stripped, which decreased by -7.8% to 3.6K tons in 2022. Overall, imports continue to indicate a abrupt descent.
In value terms, imports of tobacco; partly or wholly stemmed or stripped dropped notably to $13M in 2022. In general, imports showed a abrupt curtailment. The smallest decline of -15.4% was in 2021.
Import of Tobacco; Partly or Wholly Stemmed or Stripped in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 4.5 | 1.4 | 1.7 | 4.3 | -1.5% |
Mozambique | 0.2 | 0.3 | 0.3 | 1.6 | 100.0% |
Malawi | 1.0 | 1.7 | 1.5 | 1.1 | 3.2% |
Mexico | 1.3 | 0.8 | 0.6 | 1.0 | -8.4% |
China | 0.2 | 0.5 | 0.1 | 1.0 | 71.0% |
North Macedonia | 0.4 | 0.7 | 0.4 | 0.8 | 26.0% |
Lebanon | 0.1 | 0.2 | 0.4 | 0.7 | 91.3% |
Thailand | 0.6 | 0.6 | 0.1 | 0.7 | 5.3% |
India | 2.6 | 0.7 | 0.5 | 0.5 | -42.3% |
Tanzania | 0.1 | 0.2 | N/A | 0.4 | 58.7% |
Turkey | 0.5 | 0.4 | 0.2 | 0.3 | -15.7% |
Spain | N/A | N/A | N/A | 0.3 | 0% |
Portugal | 9.7 | 8.2 | 7.5 | N/A | -12.1% |
Others | 2.6 | 2.7 | 2.2 | 0.5 | -42.3% |
Total | 24.0 | 18.4 | 15.6 | 13.2 | -18.1% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Morocco in 2022:
- Brazil (1350.6 tons)
- Tanzania (435.6 tons)
- Mozambique (374.2 tons)
- Spain (200.7 tons)
- Malawi (198.0 tons)
- China (198.0 tons)
- North Macedonia (170.3 tons)
- Mexico (158.4 tons)
- Lebanon (158.4 tons)
- Thailand (118.8 tons)
- India (103.7 tons)
- Turkey (62.4 tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Morocco
In 2022, overseas shipments of tobacco; partly or wholly stemmed or stripped decreased by -50% to 69 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a precipitous descent.
In value terms, exports of tobacco; partly or wholly stemmed or stripped shrank markedly to $143K in 2022. In general, exports recorded a significant decrease.
Export of Tobacco; Partly or Wholly Stemmed or Stripped in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 188 | N/A | 134 | 65.8 | -29.5% |
France | 213 | N/A | 73.1 | 59.2 | -34.7% |
Taiwan (Chinese) | 77.4 | N/A | 58.7 | 18.0 | -38.5% |
Spain | 42.9 | N/A | N/A | N/A | 0% |
Senegal | N/A | N/A | 19.9 | N/A | 0% |
Poland | 1,090 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,611 | N/A | 286 | 143 | -55.4% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Morocco in 2022:
- Cote d'Ivoire (47.7 tons)
- France (18.2 tons)
- Taiwan (Chinese) (3.6 tons)
This report provides an in-depth analysis of the unmanufactured tobacco market in Morocco.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
This report provides an in-depth analysis of the unmanufactured tobacco market in Morocco.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.