Price for Tobacco, Unmanufactured; Tobacco Refuse in Canada - 2023
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Canada (FOB) - 2023
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Canada (CIF) - 2023
- Exports of Tobacco, Unmanufactured; Tobacco Refuse in Canada
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in Canada
Price for Tobacco, Unmanufactured; Tobacco Refuse in Canada (FOB) - 2023
In June 2023, the average tobacco, unmanufactured; tobacco refuse export price amounted to $4,734 per ton, picking up by 3.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 44% m-o-m. Over the period under review, the average export prices hit record highs at $5,539 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +2.1% per month.
Price for Tobacco, Unmanufactured; Tobacco Refuse in Canada (CIF) - 2023
In June 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $6,375 per ton, growing by 13% against the previous month. Over the period under review, the import price recorded resilient growth. The pace of growth was the most pronounced in March 2023 an increase of 193% m-o-m. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($8,929 per ton), while the price for Malawi ($4,434 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco, Unmanufactured; Tobacco Refuse in Canada
In 2022, tobacco, unmanufactured; tobacco refuse exports from Canada totaled 19K tons, increasing by 4.8% against 2021. In general, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, tobacco, unmanufactured; tobacco refuse exports expanded remarkably to $91M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 85%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Tobacco, Unmanufactured; Tobacco Refuse in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.4 | 43.8 | 71.7 | 75.1 | 3.7% |
| China | N/A | N/A | 11.6 | 14.4 | 24.1% |
| Others | 5.8 | 2.3 | 1.8 | 1.1 | -42.5% |
| Total | 73.2 | 46.1 | 85.1 | 90.6 | 7.4% |
Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Canada in 2022:
- United States (17.1K tons)
- China (1.9K tons)
Imports of Tobacco, Unmanufactured; Tobacco Refuse in Canada
In 2022, approx. 10K tons of tobacco, unmanufactured; tobacco refuses were imported into Canada; picking up by 38% on the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +95.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, tobacco, unmanufactured; tobacco refuse imports soared to $39M in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tobacco, Unmanufactured; Tobacco Refuse in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 6.8 | 4.4 | 9.2 | 14.8 | 29.6% |
| United States | 3.2 | 4.9 | 2.9 | 7.3 | 31.6% |
| India | 4.2 | 2.1 | 2.5 | 2.8 | -12.6% |
| North Macedonia | 2.7 | 2.1 | 1.7 | 2.2 | -6.6% |
| Zimbabwe | 2.9 | 2.6 | 2.8 | 2.2 | -8.8% |
| Mozambique | 4.1 | 3.3 | 4.5 | 2.0 | -21.3% |
| Greece | 2.0 | 1.9 | 2.4 | 1.9 | -1.7% |
| Argentina | 3.9 | 0.3 | 2.3 | 1.6 | -25.7% |
| China | 4.6 | 0.4 | N/A | 0.8 | -44.2% |
| Others | 3.4 | 2.0 | 2.2 | 2.9 | -5.2% |
| Total | 37.7 | 24.0 | 30.4 | 38.5 | 0.7% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Canada in 2022:
- Brazil (3.3K tons)
- United States (3.1K tons)
- North Macedonia (0.7K tons)
- Greece (0.6K tons)
- India (0.6K tons)
- Zimbabwe (0.4K tons)
- Mozambique (0.4K tons)
- Argentina (0.3K tons)
- China (0.2K tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Canada.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Canada.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
842
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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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.
