Price for Tobacco, Unmanufactured; Tobacco Refuse in Guatemala - 2024

Contents:

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

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

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $4,460 per ton, which is down by -5.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 17%. The export price peaked at $5,257 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($5,939 per ton), while the average price for exports to the United States ($3,579 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 Russia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $5,213 per ton in 2022, waning by -85.6% against the previous year. Over the period under review, the import price, however, saw a pronounced increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 2,333%. Over the period under review, average import prices hit record highs at $90,265 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($36,219 per ton), while the price for Honduras ($3,970 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Guatemala

In 2022, exports of tobacco, unmanufactured; tobacco refuses from Guatemala declined markedly to 11K tons, which is down by -26% on the previous year. Overall, exports continue to indicate a slight setback. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports attained the peak of 15K tons, and then declined markedly in the following year.

In value terms, tobacco, unmanufactured; tobacco refuse exports shrank dramatically to $49M in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, the exports reached the peak of $70M, and then fell remarkably in the following year.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.424.134.522.4-2.8%
Germany5.69.313.19.017.1%
Poland8.12.27.48.20.4%
Belgium4.32.71.92.5-16.5%
Turkey0.1N/AN/A1.8162.1%
Dominican RepublicN/AN/AN/A1.80%
Russia3.62.54.4N/A10.6%
HondurasN/A0.10.7N/A600.0%
Ukraine2.83.33.5N/A11.8%
Others8.32.74.13.3-26.5%
Total57.146.969.749.0-5.0%

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

  1. United States (6.3K tons)
  2. Germany (1.6K tons)
  3. Poland (1.4K tons)
  4. Belgium (0.4K tons)
  5. Dominican Republic (0.4K tons)
  6. Turkey (0.3K tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Guatemala

In 2022, approx. 1 tons of tobacco, unmanufactured; tobacco refuses were imported into Guatemala; rising by 6,024% compared with the previous year. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse imports soared to $5.4K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/AN/AN/A4.00%
United States2.73.00.21.2-23.7%
OthersN/A0.10.10.373.2%
Total2.73.10.35.426.0%

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

  1. Honduras (1000.0 kg)
  2. United States (32.0 kg)

Source: IndexBox Market Intelligence Platform

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