Tobacco Refuse Price in Australia - 2022
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Tobacco Refuse Price in Australia (FOB) - 2022
The average tobacco refuse export price stood at $32,548 per ton in 2022, surging by 3,093% against the previous year. Overall, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +13.1% per year.
Tobacco Refuse Exports in Australia
In 2022, after three years of growth, there was significant decline in overseas shipments of tobacco refuses, when their volume decreased by -98% to 241 kg. Overall, exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports reached the peak of 12 tons, and then reduced rapidly in the following year.
In value terms, tobacco refuse exports declined markedly to $7.8K in 2022. In general, exports faced a dramatic decrease. The smallest decline of -20.4% was in 2021.
| Export of Tobacco Refuse in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 0.2 | 0.2 | 0.1 | 7.8 | 239.1% |
| Malaysia | 19.3 | 15.4 | 12.3 | N/A | -20.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.6 | 15.6 | 12.4 | 7.8 | -26.4% |
Top Export Markets for Tobacco Refuse from Australia in 2022:
- New Zealand (241.0 kg)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Australia.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Australia.
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
