Price for Tobacco; Partly or Wholly Stemmed or Stripped in Peru - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Peru (FOB) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Peru (CIF) - 2022
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Peru
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Peru
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Peru (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $19,049 per ton in 2022, increasing by 3.2% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2015 when the average export price increased by 27%. As a result, the export price reached the peak level of $21,909 per ton. From 2016 to 2022, the average 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 Italy ($20,340 per ton), while the average price for exports to the Dominican Republic stood at $13,233 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Peru (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $595 per ton, standing approx. at the previous year. Over the period under review, the import price faced a sharp slump. The most prominent rate of growth was recorded in 2020 when the average import price decreased by -9.6% against the previous year. The import price peaked at $2,307 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2017 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +193.1% per year.
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Peru
In 2022, exports of tobacco; partly or wholly stemmed or stripped from Peru surged to 70 tons, rising by 18% on the previous year's figure. Overall, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 30%.
In value terms, exports of tobacco; partly or wholly stemmed or stripped soared to $1.3M in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 294 | 260 | 470 | 1,172 | 58.6% |
| Dominican Republic | 611 | 214 | 103 | 169 | -34.8% |
| Nicaragua | 160 | 68.2 | 54.1 | N/A | -41.9% |
| Sri Lanka | 271 | 123 | 114 | N/A | -35.1% |
| Chile | 329 | 192 | 229 | N/A | -16.6% |
| Costa Rica | 140 | 18.8 | 70.8 | N/A | -28.9% |
| Honduras | 93.8 | 46.1 | 46.4 | N/A | -29.7% |
| Others | 79.7 | 15.1 | 17.3 | N/A | -53.4% |
| Total | 1,979 | 937 | 1,105 | 1,341 | -12.2% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Peru in 2022:
- Italy (57.6 tons)
- Dominican Republic (12.8 tons)
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Peru
In 2022, imports of tobacco; partly or wholly stemmed or stripped into Peru was estimated at 5.6 tons, leveling off at the previous year. In general, imports continue to indicate a precipitous slump. The smallest decline of -35.6% was in 2020.
In value terms, imports of tobacco; partly or wholly stemmed or stripped amounted to $3.3K in 2022. Over the period under review, imports faced a sharp decline. The smallest decline of -41.8% was in 2020.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 3.3 | 0% |
| Cambodia | 9.6 | N/A | N/A | N/A | 0% |
| Nicaragua | 1.8 | 6.6 | N/A | N/A | 266.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.4 | 6.6 | N/A | 3.3 | -33.8% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Peru in 2022:
- United States (5.6 tons)
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