Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Pakistan - 2023

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan (FOB) - 2022
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan (CIF) - 2022
  3. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan
  4. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan (FOB) - 2022

In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $2,261 per ton, surging by 53% against the previous year. In general, the export price, however, saw a abrupt contraction. The export price peaked at $5,120 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($3,390 per ton), while the average price for exports to Germany ($976 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 Afghanistan (-5.1%), while the prices for the other major destinations experienced a decline.

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan (CIF) - 2022

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $9,140 per ton in 2022, growing by 8% against the previous year. Over the period under review, the import price saw prominent growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 185% against the previous year. As a result, import price reached the peak level of $9,512 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 the United States ($10,219 per ton), while the price for Canada ($5,994 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan

After two years of decline, overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s increased by 270% to 1.6K tons in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s surged to $3.7M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/AN/A1,3430%
DenmarkN/AN/AN/A8190%
ItalyN/AN/AN/A3210%
United KingdomN/A0.51733182421.9%
Belgium16321821027018.3%
United Arab EmiratesN/AN/AN/A88.00%
Afghanistan95277538.586.9-55.0%
Malaysia18737.598.469.3-28.2%
Germany30.031.771.363.328.3%
Trinidad and TobagoN/AN/AN/A52.30%
Netherlands17.615.610.747.138.8%
Others68.766.052.422247.8%
Total1,4191,1446543,69837.6%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Pakistan in 2022:

  1. Vietnam (396.0 tons)
  2. Denmark (309.2 tons)
  3. Italy (160.7 tons)
  4. United Kingdom (149.8 tons)
  5. Belgium (139.1 tons)
  6. United Arab Emirates (78.6 tons)
  7. Afghanistan (66.5 tons)
  8. Germany (64.9 tons)
  9. Malaysia (63.5 tons)
  10. Trinidad and Tobago (46.5 tons)
  11. Netherlands (24.9 tons)

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan

In 2022, the amount of tobacco; other than "homogenised" or "reconstituted" or "smoking"s imported into Pakistan fell sharply to 4.1 tons, shrinking by -67.7% on the previous year. Overall, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s reduced sharply to $38K in 2022. In general, imports saw a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 106%.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.40.20.716.1125.7%
United States4.80.24.214.745.2%
United Arab Emirates86.551.01012.3-70.2%
CanadaN/AN/AN/A2.20%
United Kingdom12.30.30.71.8-47.3%
Germany6.70.81.4N/A-54.3%
Afghanistan5.7N/AN/AN/A0%
OthersN/A0.10.30.8182.8%
Total11752.510837.8-31.4%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Pakistan in 2022:

  1. China (1765.0 kg)
  2. United States (1440.0 kg)
  3. Canada (361.0 kg)
  4. United Arab Emirates (282.0 kg)
  5. United Kingdom (223.0 kg)

Source: IndexBox Market Intelligence Platform

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