Price for Tobacco, Unmanufactured; Tobacco Refuse in Ethiopia - 2022

Contents:

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

Price for Tobacco, Unmanufactured; Tobacco Refuse in Ethiopia (CIF) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $4,172 per ton, rising by 5.2% against the previous year. In general, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22%. Over the period under review, average import prices attained the peak figure at $4,962 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Zimbabwe ($5,949 per ton), while the price for Brazil ($3,374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $11,000 per ton in 2022, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate noticeable growth. The growth pace was the most rapid in 2020 when the average export price increased by 142% against the previous year. The export price peaked at $11,100 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($9,000 per ton), while the average price for exports to Angola ($1,000 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 Germany (-7.8%), while the prices for the other major destinations experienced a decline.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Ethiopia

In 2022, the amount of tobacco, unmanufactured; tobacco refuses imported into Ethiopia reduced remarkably to 403 tons, which is down by -33.1% against 2021. In general, imports faced a sharp curtailment.

In value terms, tobacco, unmanufactured; tobacco refuse imports fell sharply to $1.7M in 2022. Overall, imports recorded a sharp reduction. The smallest decline of -29.6% was in 2021.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8,4411,362298836-53.7%
Belgium82.110547923341.6%
China1,6581,4821,268149-55.2%
Tanzania718588414144-41.5%
Brazil1,00218384.5126-49.9%
Zimbabwe163173198111-12.0%
Zambia0.1N/AN/A79.5826.4%
Others2.43.20.60.5-40.7%
Total12,0663,8972,7431,680-48.2%

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

  1. India (228.1 tons)
  2. Belgium (43.7 tons)
  3. Brazil (37.4 tons)
  4. China (31.0 tons)
  5. Tanzania (25.0 tons)
  6. Zimbabwe (18.7 tons)
  7. Zambia (18.7 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Ethiopia

In 2022, overseas shipments of tobacco, unmanufactured; tobacco refuses decreased by -50% to 5 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2020 when exports increased by 82% against the previous year. As a result, the exports attained the peak of 226 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tobacco, unmanufactured; tobacco refuse exports declined markedly to $13 in 2022. Overall, exports recorded a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 132%. As a result, the exports attained the peak of $1.6K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4961,2181049.0-73.7%
NetherlandsN/AN/AN/A1.00%
AngolaN/AN/AN/A1.00%
United Arab EmiratesN/AN/AN/A1.00%
Malawi2012007.01.0-82.9%
OmanN/A198N/AN/A0%
OthersN/AN/AN/AN/A0%
Total6971,61611113.0-73.5%

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

  1. Germany (1.0 kg)
  2. United Arab Emirates (1.0 kg)
  3. Netherlands (1.0 kg)
  4. Angola (1.0 kg)
  5. Malawi (1.0 kg)

Source: IndexBox Market Intelligence Platform

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