Tobacco Refuse Price in Ethiopia - 2022
Contents:
Tobacco Refuse Price in Ethiopia (CIF) - 2022
In 2022, the average tobacco refuse import price amounted to $1,032 per ton, growing by 21% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco refuse import price increased by +97.8% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.5% per year.
Tobacco Refuse Imports in Ethiopia
In 2022, imports of tobacco refuses into Ethiopia shrank notably to 38 tons, reducing by -75% compared with the year before. Over the period under review, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 50%.
In value terms, tobacco refuse imports fell dramatically to $40K in 2022. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. As a result, imports reached the peak of $131K, and then contracted dramatically in the following year.
| Import of Tobacco Refuse in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 40.5 | 29.1 | 35.8 | 39.6 | -0.7% |
| India | 79.9 | 33.0 | 95.1 | N/A | 9.1% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 120 | 62.2 | 131 | 39.6 | -30.9% |
Top Suppliers of Tobacco Refuse to Ethiopia in 2022:
- Brazil (38.4 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Ethiopia.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Ethiopia.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
830
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
830
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
