Tobacco Refuse Price in Azerbaijan - 2023

Contents:

  1. Tobacco Refuse Price in Azerbaijan (FOB) - 2022
  2. Tobacco Refuse Price in Azerbaijan (CIF) - 2022
  3. Tobacco Refuse Exports in Azerbaijan
  4. Tobacco Refuse Imports in Azerbaijan

Tobacco Refuse Price in Azerbaijan (FOB) - 2022

The average tobacco refuse export price stood at $845 per ton in 2022, surging by 41% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained 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 Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.5% per year.

Tobacco Refuse Price in Azerbaijan (CIF) - 2022

The average tobacco refuse import price stood at $211 per ton in 2022, declining by -55.8% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 58% against the previous year. The import price peaked at $1,126 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +9.2% per year.

Tobacco Refuse Exports in Azerbaijan

In 2022, shipments abroad of tobacco refuses was finally on the rise to reach 81 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous decline.

In value terms, tobacco refuse exports surged to $68K in 2022. Over the period under review, exports, however, faced a sharp decline.

Export of Tobacco Refuse in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia30654.09.668.2-39.4%
OthersN/AN/A0.3N/A0%
Total30654.09.968.2-39.4%

Top Export Markets for Tobacco Refuse from Azerbaijan in 2022:

  1. Russia (80.7 tons)

Tobacco Refuse Imports in Azerbaijan

After two years of decline, purchases abroad of tobacco refuses increased by 26% to 20 tons in 2022. In general, imports, however, faced a dramatic curtailment.

In value terms, tobacco refuse imports shrank notably to $4.3K in 2022. Overall, imports, however, faced a precipitous setback. The smallest decline of -30.7% was in 2021.

Import of Tobacco Refuse in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GreeceN/AN/A0.64.3616.7%
Argentina35.6N/AN/AN/A0%
Lebanon35.09.20.5N/A-88.0%
Tanzania53.7N/A0.6N/A-89.4%
Iran46.11.91.6N/A-81.4%
OthersN/AN/A4.3N/A0%
Total17011.07.64.3-70.6%

Top Suppliers of Tobacco Refuse to Azerbaijan in 2022:

  1. Greece (20.2 tons)

Source: IndexBox Market Intelligence Platform

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