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

Contents:

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

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $4,393 per ton in June 2023, with an increase of 2.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 34% m-o-m. The import price peaked at $4,589 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Uganda ($6,187 per ton), while the price for Zimbabwe ($986 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 Bangladesh (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $5,579 per ton in 2021, with an increase of 2.6% against the previous year. Overall, the export price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2016 an increase of 141%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for Bahrain amounted to +74.5% per year.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Egypt

In 2022, approx. 14K tons of tobacco, unmanufactured; tobacco refuses were imported into Egypt; reducing by -5.5% compared with 2021. In general, imports saw a significant contraction.

In value terms, tobacco, unmanufactured; tobacco refuse imports shrank to $53M in 2022. Overall, imports saw a precipitous descent.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Egypt (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Malawi65.529.916.6-49.7%
India31.330.315.7-29.2%
ZimbabweN/AN/A7.70%
Brazil32.913.26.0-57.3%
Greece5.87.81.4-50.9%
Turkey6.63.51.3-55.6%
Lebanon2.70.21.3-30.6%
Uganda2.10.51.2-24.4%
Indonesia1.70.20.7-35.8%
China20.87.20.2-90.2%
Philippines8.05.8N/A-27.5%
Others1811836.9-80.5%
Total35928159.1-59.4%

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

  1. India (8.7K tons)
  2. Zimbabwe (4.2K tons)
  3. Malawi (3.6K tons)
  4. Brazil (2.1K tons)
  5. Lebanon (0.6K tons)
  6. Indonesia (0.6K tons)
  7. Uganda (0.5K tons)
  8. Greece (0.3K tons)
  9. Turkey (0.2K tons)
  10. China (0.2K tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Egypt

In 2022, shipments abroad of tobacco, unmanufactured; tobacco refuses was finally on the rise to reach 28 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports soared to $146K in 2022. Overall, exports enjoyed a resilient 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 Egypt (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab Emirates3.417.026.6179.7%
MalawiN/A24.6N/A0%
Nigeria19.81.4N/A-92.9%
Sri Lanka42.0N/AN/A0%
Mozambique7.90.3N/A-96.2%
Yemen27.0N/AN/A0%
Others0.1N/AN/A0%
Total10043.226.6-48.4%

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

  1. United Arab Emirates (4.8 tons)

Source: IndexBox Market Intelligence Platform

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