Tobacco Refuse Price in Iran - 2022

Contents:

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

Tobacco Refuse Price in Iran (CIF) - 2022

The average tobacco refuse import price stood at $1,468 per ton in 2022, jumping by 24% against the previous year. Overall, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 87%. Over the period under review, average import prices hit record highs at $1,772 per ton in 2020; however, from 2021 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 Zimbabwe ($3,742 per ton), while the price for China ($614 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+52.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in Iran (FOB) - 2022

The average tobacco refuse export price stood at $1,031 per ton in 2022, with an increase of 1.5% against the previous year. In general, the export price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 20% against the previous year. As a result, the export price attained the peak level of $2,151 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,212 per ton), while the average price for exports to Uzbekistan ($593 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 Russia (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Imports in Iran

After three years of growth, overseas purchases of tobacco refuses decreased by -2.8% to 674 tons in 2022. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28%.

In value terms, tobacco refuse imports soared to $989K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 79%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Tobacco Refuse in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe22637839146327.0%
China18625421926011.8%
Brazil1932542092397.4%
IndiaN/AN/AN/A26.30%
Others42.42730.50.6-75.8%
Total6471,15981998915.2%

Top Suppliers of Tobacco Refuse to Iran in 2022:

  1. China (423.4 tons)
  2. Zimbabwe (123.7 tons)
  3. Brazil (115.8 tons)
  4. India (10.6 tons)

Tobacco Refuse Exports in Iran

In 2022, the amount of tobacco refuses exported from Iran contracted markedly to 59 tons, shrinking by -49.6% compared with the year before. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 6,255%. As a result, the exports attained the peak of 117 tons, and then contracted remarkably in the following year.

In value terms, tobacco refuse exports declined rapidly to $61K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 4,108%. As a result, the exports reached the peak of $119K, and then dropped remarkably in the following year.

Export of Tobacco Refuse in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A32.20%
Azerbaijan2.82.711625.9109.9%
TurkeyN/AN/A2.61.8-30.8%
UzbekistanN/AN/AN/A0.80%
Others1.3N/A0.50.1-57.5%
Total4.12.811960.8145.7%

Top Export Markets for Tobacco Refuse from Iran in 2022:

  1. Azerbaijan (29.0 tons)
  2. Kazakhstan (26.6 tons)
  3. Turkey (2.0 tons)
  4. Uzbekistan (1.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco refuse - Iran