Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Korea - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Korea (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Korea (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in South Korea
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in South Korea
Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Korea (CIF) - 2022
In December 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $5,343 per ton, reducing by -13.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 32% against the previous month. As a result, import price reached the peak level of $6,844 per ton. From July 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10,563 per ton), while the price for India ($4,320 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Korea (FOB) - 2022
In December 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $10,866 per ton, surging by 31% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 120% m-o-m. Over the period under review, the average export prices attained the maximum at $14,825 per ton in July 2022; however, from August 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($13,826 per ton), while the average price for exports to Turkey totaled $5,738 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in South Korea
In 2022, imports of tobacco; partly or wholly stemmed or stripped into South Korea totaled 33K tons, increasing by 10% compared with the previous year's figure. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of 36K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tobacco; partly or wholly stemmed or stripped surged to $182M in 2022. Overall, imports, however, saw a relatively flat trend pattern.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 57.3 | 58.4 | 49.2 | 44.5 | -8.1% |
| India | 29.7 | 30.1 | 24.6 | 40.8 | 11.2% |
| United States | 25.7 | 30.7 | 28.3 | 25.6 | -0.1% |
| Tanzania | 14.1 | 14.0 | 6.9 | 15.1 | 2.3% |
| Zimbabwe | 9.1 | 10.8 | 8.7 | 9.7 | 2.2% |
| Malawi | 15.7 | 12.3 | 7.9 | 8.4 | -18.8% |
| China | 3.9 | 5.0 | 5.9 | 7.5 | 24.4% |
| Argentina | 5.5 | 4.0 | 2.0 | 5.7 | 1.2% |
| Mozambique | 3.2 | 5.1 | 5.8 | 4.3 | 10.4% |
| Italy | 1.5 | 1.5 | 1.5 | 3.9 | 37.5% |
| Philippines | 3.7 | 4.3 | 1.8 | 3.6 | -0.9% |
| Bangladesh | 0.5 | 1.9 | 1.1 | 3.0 | 81.7% |
| Others | 12.9 | 11.4 | 10.2 | 10.2 | -7.5% |
| Total | 183 | 189 | 154 | 182 | -0.2% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to South Korea in 2022:
- India (10.0K tons)
- Brazil (7.2K tons)
- Tanzania (3.0K tons)
- United States (2.9K tons)
- China (1.5K tons)
- Malawi (1.5K tons)
- Zimbabwe (1.4K tons)
- Argentina (1.1K tons)
- Mozambique (0.8K tons)
- Philippines (0.6K tons)
- Italy (0.5K tons)
- Bangladesh (0.5K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in South Korea
Exports of tobacco; partly or wholly stemmed or stripped from South Korea soared to 2.1K tons in 2022, increasing by 72% compared with 2021. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tobacco; partly or wholly stemmed or stripped skyrocketed to $19M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.6 | 6.8 | 7.9 | 14.3 | 36.7% |
| Turkey | 2.9 | 2.7 | 1.5 | 4.0 | 11.3% |
| Indonesia | 0.3 | 0.7 | 0.1 | 0.5 | 18.6% |
| Philippines | N/A | 0.8 | N/A | N/A | 0% |
| Others | 0.8 | 0.5 | 1.2 | N/A | 22.5% |
| Total | 9.6 | 11.4 | 10.6 | 18.8 | 25.1% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from South Korea in 2022:
- Russia (1259.5 tons)
- Turkey (750.6 tons)
- Indonesia (77.0 tons)
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