Price for Tobacco; "Homogenised" or "Reconstituted" in Vietnam - 2022
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Vietnam (CIF) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in Vietnam (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Vietnam
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Vietnam
Price for Tobacco; "Homogenised" or "Reconstituted" in Vietnam (CIF) - 2022
The average tobacco; "homogenised" or "reconstituted" import price stood at $1,297 per ton in 2022, which is down by -15.6% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $3,978 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lao People's Democratic Republic ($2,478 per ton), while the price for China ($777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Tobacco; "Homogenised" or "Reconstituted" in Vietnam (FOB) - 2022
The average tobacco; "homogenised" or "reconstituted" export price stood at $1,616 per ton in 2022, dropping by -63.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 100% against the previous year. The export price peaked at $6,724 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($1,616 per ton), while the average price for exports to Georgia ($1,616 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 China (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tobacco; "Homogenised" or "Reconstituted" in Vietnam
In 2022, approx. 927 tons of tobacco; "homogenised" or "reconstituted"s were imported into Vietnam; jumping by 36% against 2021 figures. Overall, imports, however, faced a abrupt slump.
In value terms, tobacco; "homogenised" or "reconstituted" imports expanded remarkably to $1.2M in 2022. Over the period under review, imports, however, saw a significant decrease.
| Import of Tobacco; "Homogenised" or "Reconstituted" in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 1,452 | 696 | 534 | 382 | -35.9% |
| Philippines | 11.1 | 146 | 3.3 | 218 | 169.8% |
| France | 1,261 | 409 | 168 | 185 | -47.3% |
| China | 583 | 39.3 | 70.7 | 176 | -32.9% |
| Indonesia | 268 | 41.6 | 44.8 | 33.2 | -50.1% |
| South Korea | 56.8 | 9.4 | 45.9 | 32.8 | -16.7% |
| Others | 107 | 16.6 | 179 | 175 | 17.8% |
| Total | 3,738 | 1,357 | 1,046 | 1,202 | -31.5% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Vietnam in 2022:
- China (226.3 tons)
- Philippines (192.0 tons)
- Lao People's Democratic Republic (154.2 tons)
- France (133.6 tons)
- Indonesia (26.4 tons)
- South Korea (23.1 tons)
Exports of Tobacco; "Homogenised" or "Reconstituted" in Vietnam
In 2022, approx. 19 tons of tobacco; "homogenised" or "reconstituted"s were exported from Vietnam; rising by 101% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 228%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, tobacco; "homogenised" or "reconstituted" exports plummeted to $31K in 2022. Overall, exports, however, saw a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 118%.
| Export of Tobacco; "Homogenised" or "Reconstituted" in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 19.0 | 4.4 | 9.3 | 16.7 | -4.2% |
| Georgia | 23.9 | 6.7 | 8.6 | 9.9 | -25.5% |
| Lao People's Democratic Republic | 13.8 | 2.3 | 3.5 | 4.6 | -30.7% |
| Cambodia | N/A | N/A | 6.6 | N/A | 0% |
| Philippines | 21.3 | 5.5 | 12.1 | N/A | -24.6% |
| Others | N/A | 0.7 | 2.7 | N/A | 285.7% |
| Total | 78.0 | 19.7 | 42.8 | 31.2 | -26.3% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Vietnam in 2022:
- Afghanistan (10.3 tons)
- Georgia (6.2 tons)
- Lao People's Democratic Republic (2.8 tons)
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