Tobacco Refuse Price in Uruguay - 2021

Contents:

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

Tobacco Refuse Price in Uruguay (FOB) - 2022

In 2022, the average tobacco refuse export price amounted to $3,879 per ton, growing by 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2014 an increase of 23%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +1.9% per year.

Tobacco Refuse Price in Uruguay (CIF) - 2022

In 2022, the average tobacco refuse import price amounted to $734 per ton, picking up by 41% against the previous year. Over the period under review, the import price, however, recorded a perceptible shrinkage. The import price peaked at $1,117 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -0.9% per year.

Tobacco Refuse Exports in Uruguay

For the third consecutive year, Uruguay recorded decline in shipments abroad of tobacco refuses, which decreased by -16.6% to 346 tons in 2022. In general, exports saw a abrupt decline. The smallest decline of -9.5% was in 2020.

In value terms, tobacco refuse exports shrank to $1.3M in 2022. Over the period under review, exports continue to indicate a abrupt descent.

Export of Tobacco Refuse in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay2.32.01.51.3-17.3%
OthersN/AN/AN/AN/A0%
Total2.32.01.51.3-17.3%

Top Export Markets for Tobacco Refuse from Uruguay in 2022:

  1. Paraguay (345.6 tons)

Tobacco Refuse Imports in Uruguay

In 2022, approx. 66 tons of tobacco refuses were imported into Uruguay; which is down by -12.3% compared with the previous year's figure. In general, imports continue to indicate a sharp slump.

In value terms, tobacco refuse imports skyrocketed to $49K in 2022. Over the period under review, imports saw a sharp shrinkage.

Import of Tobacco Refuse in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina10944.827.648.5-23.7%
Brazil60.345.511.6N/A-56.1%
OthersN/AN/AN/AN/A0%
Total16990.239.248.5-34.0%

Top Suppliers of Tobacco Refuse to Uruguay in 2022:

  1. Argentina (66.2 tons)

Source: IndexBox Market Intelligence Platform

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