Tobacco Refuse Price in Russia - 2022

Contents:

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

Tobacco Refuse Price in Russia (CIF) - 2022

In January 2022, the average tobacco refuse import price amounted to $758 per ton, picking up by 7.6% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2021 when the average import price increased by 15% m-o-m. Over the period under review, average import prices attained the peak figure at $824 per ton in February 2021; however, from March 2021 to January 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,030 per ton), while the price for Turkey ($147 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in Russia (FOB) - 2022

The average tobacco refuse export price stood at $1,291 per ton in 2022, increasing by 148% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $1,905 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($1,388 per ton), while the average price for exports to Belarus ($515 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 Brazil (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Imports in Russia

In 2022, overseas purchases of tobacco refuses were finally on the rise to reach 37K tons after two years of decline. Overall, imports, however, showed a abrupt curtailment.

In value terms, tobacco refuse imports stood at $28M in 2022. Over the period under review, imports, however, recorded a noticeable decline.

Import of Tobacco Refuse in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/A0.11.57.1742.6%
Brazil10.88.68.96.0-17.8%
Zambia0.91.21.62.642.4%
Italy0.70.60.42.348.7%
GreeceN/A0.10.21.8324.3%
Mozambique1.50.51.71.74.3%
United States1.61.82.91.5-2.1%
Malawi3.82.43.61.2-31.9%
Zimbabwe0.91.40.81.16.9%
Argentina2.31.91.61.1-21.8%
India0.70.30.60.5-10.6%
Poland0.70.20.10.2-34.1%
JapanN/A2.0N/AN/A0%
Others8.06.73.30.5-60.3%
Total31.927.927.327.6-4.7%

Top Suppliers of Tobacco Refuse to Russia in 2022:

  1. Bangladesh (10.4K tons)
  2. Brazil (8.2K tons)
  3. Zambia (3.2K tons)
  4. Greece (2.7K tons)
  5. Italy (2.3K tons)
  6. Mozambique (2.2K tons)
  7. United States (1.7K tons)
  8. Zimbabwe (1.6K tons)
  9. Malawi (1.3K tons)
  10. Argentina (1.2K tons)
  11. Poland (0.6K tons)
  12. India (0.6K tons)

Tobacco Refuse Exports in Russia

In 2022, shipments abroad of tobacco refuses decreased by -50% to 859 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 255%. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, tobacco refuse exports surged to $1.1M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Tobacco Refuse in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan6116672281,03719.3%
IndonesiaN/A7.59.553.2166.3%
Belarus92.713.115718.7-41.4%
BelgiumN/A23235.0N/A-84.9%
MalaysiaN/A321260N/A-19.0%
NetherlandsN/AN/A73.8N/A0%
Ukraine70.166.949.9N/A-15.6%
OthersN/A16.181.2N/A404.3%
Total7741,3238941,10912.7%

Top Export Markets for Tobacco Refuse from Russia in 2022:

  1. Kazakhstan (747.2 tons)
  2. Indonesia (75.3 tons)
  3. Belarus (36.4 tons)

Source: IndexBox Market Intelligence Platform

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