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

Contents:

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

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $3,672 per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2016 an increase of 19%. Over the period under review, average import prices reached the peak figure at $3,717 per ton in 2021, and then reduced modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.3% per year.

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

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $4,410 per ton, picking up by 4.5% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 141% against the previous year. The export price peaked at $4,553 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +1.7% per year.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Nepal

In 2022, supplies from abroad of tobacco, unmanufactured; tobacco refuses was finally on the rise to reach 7.1K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. 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 surged to $26M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India24.721.321.126.01.7%
Others0.20.10.20.1-20.6%
Total24.921.421.326.01.5%

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

  1. India (7.1K tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Nepal

After three years of growth, overseas shipments of tobacco, unmanufactured; tobacco refuses decreased by -16.7% to 72 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 82% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse exports dropped to $318K in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 72%.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea14324736431730.4%
Others0.20.20.20.1-20.6%
Total14424736531830.2%

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

  1. South Korea (71.9 tons)

Source: IndexBox Market Intelligence Platform

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