Price for Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $5,208 per ton, leveling off at the previous year. In general, the import price showed a slight reduction. The most prominent rate of growth was recorded in 2015 an increase of 5.4%. As a result, import price attained the peak level of $6,444 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($5,208 per ton) and India ($5,208 per ton), while the price for Italy ($5,208 per ton) and France ($5,208 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam (FOB) - 2022
In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $4,869 per ton, reducing by -1.7% against the previous year. Overall, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 10%. As a result, the export price reached the peak level of $6,109 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($4,869 per ton) and the United Arab Emirates ($4,869 per ton), while the average price for exports to Sweden ($4,869 per ton) and China ($4,869 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+3.2%), while the prices for the other major destinations experienced a decline.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam
For the fourth consecutive year, Vietnam recorded growth in supplies from abroad of tobacco; partly or wholly stemmed or stripped, which increased by 32% to 54K tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $283M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 41.3 | 68.4 | 42.3 | 83.6 | 26.5% |
| Brazil | 52.9 | 46.0 | 43.5 | 80.7 | 15.1% |
| China | 19.5 | 43.6 | 70.2 | 51.3 | 38.0% |
| United States | 22.1 | 22.4 | 23.0 | 44.7 | 26.5% |
| France | 3.7 | 4.5 | 3.9 | 4.9 | 9.8% |
| Philippines | 5.7 | 5.2 | 4.4 | 3.6 | -14.2% |
| India | 15.8 | 4.0 | 5.7 | 1.7 | -52.4% |
| Others | 5.6 | 11.5 | 23.6 | 12.1 | 29.3% |
| Total | 167 | 206 | 217 | 283 | 19.2% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Vietnam in 2022:
- Indonesia (16.1K tons)
- Brazil (15.5K tons)
- China (9.8K tons)
- United States (8.6K tons)
- France (0.9K tons)
- Philippines (0.7K tons)
- India (0.3K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam
For the third year in a row, Vietnam recorded decline in shipments abroad of tobacco; partly or wholly stemmed or stripped, which decreased by -38.6% to 1.1K tons in 2022. Overall, exports saw a precipitous shrinkage. The smallest decline of -3.4% was in 2021.
In value terms, exports of tobacco; partly or wholly stemmed or stripped shrank notably to $5.5M in 2022. In general, exports continue to indicate a significant decrease. The smallest decline of -14.3% was in 2021.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 5.0 | 5.1 | 3.3 | 1.9 | -27.6% |
| Belgium | 5.8 | N/A | N/A | 1.5 | -36.3% |
| Turkey | 0.7 | N/A | N/A | 0.9 | 8.7% |
| China | N/A | N/A | N/A | 0.6 | 0% |
| Sweden | 0.4 | 0.5 | 0.3 | 0.3 | -9.1% |
| Philippines | 3.3 | 0.2 | 0.2 | 0.2 | -60.7% |
| United Arab Emirates | 1.1 | N/A | N/A | 0.1 | -55.0% |
| Russia | 0.9 | 1.0 | 0.5 | N/A | -25.5% |
| Hungary | 0.7 | 0.2 | N/A | N/A | -71.4% |
| Malaysia | 0.9 | N/A | N/A | N/A | 0% |
| Indonesia | 2.6 | 3.0 | 2.9 | N/A | 5.6% |
| Singapore | 0.9 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 4.6 | N/A | 1.3 | N/A | -46.8% |
| Others | 1.9 | 0.8 | 0.6 | N/A | -43.8% |
| Total | 28.6 | 10.7 | 9.1 | 5.5 | -42.3% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Vietnam in 2022:
- Cambodia (388.6 tons)
- Belgium (299.1 tons)
- Turkey (194.1 tons)
- China (122.0 tons)
- Sweden (70.8 tons)
- Philippines (33.2 tons)
- United Arab Emirates (24.4 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Vietnam.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Vietnam.
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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
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
