Argentina: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Argentina

The Argentinian unmanufactured tobacco market shrank notably to $X in 2022, falling by X% against the previous year. Overall, consumption showed a mild downturn. Unmanufactured tobacco consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Unmanufactured Tobacco Production in Argentina

In value terms, unmanufactured tobacco production declined modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

In 2022, the average unmanufactured tobacco yield in Argentina reached X tons per ha, therefore, remained relatively stable against the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The unmanufactured tobacco yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of tobacco (unmanufactured) production in Argentina dropped slightly to X ha, remaining relatively unchanged against the year before. In general, the harvested area continues to indicate a slight shrinkage. The growth pace was the most rapid in 2017 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to unmanufactured tobacco production attained the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Unmanufactured Tobacco Exports

Exports from Argentina

In 2022, approx. X tons of tobacco (unmanufactured) were exported from Argentina; jumping by X% on the year before. In general, exports, however, showed a noticeable setback. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, unmanufactured tobacco exports soared to $X in 2022. Overall, exports, however, continue to indicate a noticeable descent. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for unmanufactured tobacco exports from Argentina, accounting for a X% share of total exports. Moreover, unmanufactured tobacco exports to Belgium exceeded the volume sent to the second major destination, Brazil (X tons), fourfold. Paraguay (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Paraguay (X% per year).

In value terms, Belgium ($X) remains the key foreign market for tobacco (unmanufactured) exports from Argentina, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average unmanufactured tobacco export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Paraguay ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Unmanufactured Tobacco Imports

Imports into Argentina

For the third consecutive year, Argentina recorded decline in overseas purchases of tobacco (unmanufactured), which decreased by X% to X tons in 2022. In general, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, unmanufactured tobacco imports fell notably to $X in 2022. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest unmanufactured tobacco supplier to Argentina, with a X% share of total imports. Moreover, unmanufactured tobacco imports from Brazil exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. North Macedonia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and North Macedonia (X% per year).

In value terms, Brazil ($X), Turkey ($X) and North Macedonia ($X) were the largest unmanufactured tobacco suppliers to Argentina, together accounting for X% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average unmanufactured tobacco import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was North Macedonia ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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