Tobacco Refuse Price in Jordan - 2022

Contents:

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

Tobacco Refuse Price in Jordan (CIF) - 2022

The average tobacco refuse import price stood at $867 per ton in 2022, which is down by -2.7% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $1,649 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($867 per ton), while the price for China amounted to $867 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in Jordan (FOB) - 2022

In 2022, the average tobacco refuse export price amounted to $681 per ton, growing by 13% against the previous year. Overall, the export price, however, saw a precipitous decline. Over the period under review, the average export prices attained the peak figure at $6,915 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Russia amounted to -44.4% per year.

Tobacco Refuse Imports in Jordan

In 2022, overseas purchases of tobacco refuses decreased by -25.8% to 188 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 0.6%. As a result, imports reached the peak of 268 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco refuse imports fell sharply to $163K in 2022. In general, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 0.3% against the previous year.

Top Suppliers of Tobacco Refuse to Jordan in 2022:

1. China (182.2 tons)
2. United States (6.2 tons)

Tobacco Refuse Exports in Jordan

For the third consecutive year, Jordan recorded growth in shipments abroad of tobacco refuses, which increased by 3% to 72 tons in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 222% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, tobacco refuse exports surged to $49K in 2022. In general, total exports indicated a significant increase from 2020 to 2022: its value increased at an average annual rate of +36.7% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 60%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Tobacco Refuse from Jordan in 2022:

1. Belgium (71.7 tons)

Source: IndexBox Market Intelligence Platform