Price for Tobacco, Unmanufactured; Tobacco Refuse in Chile - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Chile (CIF) - 2023
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Chile (FOB) - 2022
  3. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Chile
  4. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Chile

Price for Tobacco, Unmanufactured; Tobacco Refuse in Chile (CIF) - 2023

In July 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $4,591 per ton, waning by -15.8% against the previous month. In general, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 88% month-to-month. Over the period under review, average import prices attained the maximum at $5,455 per ton in June 2023, and then declined markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Argentina ($9,130 per ton), while the price for Brazil ($3,290 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Chile (FOB) - 2022

The average tobacco, unmanufactured; tobacco refuse export price stood at $4,967 per ton in 2022, declining by -21.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 243% against the previous year. As a result, the export price reached the peak level of $19,314 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($7,189 per ton), while the average price for exports to France ($2,230 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 Poland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Chile

In 2022, the amount of tobacco, unmanufactured; tobacco refuses imported into Chile soared to 5.5K tons, picking up by 67% on the previous year's figure. Over the period under review, imports, however, recorded a mild setback.

In value terms, tobacco, unmanufactured; tobacco refuse imports skyrocketed to $14M in 2022. In general, imports, however, showed a deep reduction.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7.57.72.87.0-2.3%
India0.90.6N/A1.723.6%
Turkey2.42.70.91.5-14.5%
MexicoN/A1.11.10.9-9.5%
Paraguay0.20.80.70.644.2%
Zimbabwe0.40.2N/A0.57.7%
Argentina1.65.3N/A0.5-32.1%
Colombia8.49.02.0N/A-51.2%
Others0.90.70.50.8-3.9%
Total22.328.08.013.6-15.2%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Chile in 2022:

  1. Brazil (3390.4 tons)
  2. India (573.4 tons)
  3. Zimbabwe (553.9 tons)
  4. Turkey (242.6 tons)
  5. Mexico (217.7 tons)
  6. Argentina (177.4 tons)
  7. Paraguay (133.5 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Chile

In 2022, exports of tobacco, unmanufactured; tobacco refuses from Chile surged to 165 tons, jumping by 160% against the year before. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports soared to $821K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A4440%
BelgiumN/AN/A88.7355300.2%
Brazil258166N/A15.8-60.6%
FranceN/AN/AN/A5.60%
United KingdomN/AN/A1770.5-99.7%
ArgentinaN/AN/A74.7N/A0%
Others0.132762.6N/A2402.0%
Total25849340382147.1%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Chile in 2022:

  1. Turkey (89.1 tons)
  2. Belgium (71.3 tons)
  3. France (2.5 tons)
  4. Brazil (2.2 tons)
  5. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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