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

Contents:

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

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $2,265 per ton in 2022, reducing by -20.9% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 100%. Over the period under review, average import prices reached the maximum at $5,463 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,530 per ton), while the price for the United Arab Emirates ($776 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $1,228 per ton, reducing by -41.3% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 21%. Over the period under review, the average export prices hit record highs at $4,774 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,500 per ton), while the average price for exports to India ($933 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 Taiwan (Chinese) (+7.1%), while the prices for the other major destinations experienced a decline.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Myanmar

In 2022, imports of tobacco, unmanufactured; tobacco refuses into Myanmar skyrocketed to 5.2K tons, picking up by 80% against the year before. Overall, imports enjoyed significant growth. 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 $12M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan3753124373,006100.1%
GermanyN/A1011672,968442.1%
Indonesia35.81621712,501311.9%
United Arab Emirates18.538.578.21,785358.7%
India2232513281,26678.4%
Thailand8.59.18.9169170.9%
China10416657.961.0-16.3%
Philippines3,3103,3903,990N/A9.8%
Singapore1,6712,2272,875N/A31.2%
Others75.380.31313.7-63.4%
Total5,8216,7368,24411,75926.4%

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

  1. United Arab Emirates (2300.4 tons)
  2. Jordan (1822.0 tons)
  3. Indonesia (345.3 tons)
  4. India (340.3 tons)
  5. Germany (191.1 tons)
  6. Thailand (151.4 tons)
  7. China (37.0 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Myanmar

For the third consecutive year, Myanmar recorded decline in shipments abroad of tobacco, unmanufactured; tobacco refuses, which decreased by -73.9% to 313 tons in 2022. Overall, exports continue to indicate a precipitous setback. The smallest decline of -55.9% was in 2021.

In value terms, tobacco, unmanufactured; tobacco refuse exports fell markedly to $384K in 2022. In general, exports saw a significant decline. The smallest decline of -46.4% was in 2021.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2,151928382250-51.2%
India5,2761,30525191.4-74.1%
China2,65970420721.0-80.1%
Taiwan (Chinese)2.211.812.713.884.4%
Greece84121587.5N/A-67.7%
Vietnam41356.0282N/A-17.4%
United Arab Emirates920148292N/A-43.7%
Others1,7381,3189998.1-83.3%
Total14,0014,6862,512384-69.8%

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

  1. Indonesia (185.1 tons)
  2. India (98.0 tons)
  3. China (14.0 tons)
  4. Taiwan (Chinese) (13.1 tons)

Source: IndexBox Market Intelligence Platform

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