Brazil: Market for Manufactured Tobacco, Extracts And Essences 2024

Market Size for Manufactured Tobacco, Extracts And Essences in Brazil

In 2022, after four years of growth, there was decline in the Brazilian market for manufactured tobacco, extracts and essences, when its value decreased by X% to $X. Overall, consumption, however, recorded a strong increase. Manufactured tobacco, extracts and essences consumption peaked at $X in 2021, and then shrank modestly in the following year.

Production of Manufactured Tobacco, Extracts And Essences in Brazil

In value terms, manufactured tobacco, extracts and essences production reached $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Exports of Manufactured Tobacco, Extracts And Essences

Exports from Brazil

After four years of decline, shipments abroad of manufactured tobacco, extracts and essences increased by X% to X tons in 2022. In general, exports, however, recorded a abrupt setback. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, manufactured tobacco, extracts and essences exports soared to $X in 2022. Over the period under review, exports, however, showed a deep downturn. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons), Argentina (X tons) and Lebanon (X tons) were the main destinations of manufactured tobacco, extracts and essences exports from Brazil, together accounting for X% of total exports. The Netherlands, Armenia, Tunisia, Israel, the United States, Colombia, Switzerland and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of X,400.0%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for manufactured tobacco, extracts and essences exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

In 2022, the average export price for manufactured tobacco, extracts and essences amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a slight slump. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Switzerland ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into Brazil

In 2022, purchases abroad of manufactured tobacco, extracts and essences increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, manufactured tobacco, extracts and essences imports skyrocketed to $X in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Russia (X tons) and Turkey (X tons) were the main suppliers of manufactured tobacco, extracts and essences imports to Brazil, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of manufactured tobacco, extracts and essences to Brazil, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Russia (X% per year).

Import Prices by Country

The average import price for manufactured tobacco, extracts and essences stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 India ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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