Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Sri Lanka - 2022
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka (FOB) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka (CIF) - 2022
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka (FOB) - 2022
The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $10,994 per ton in 2022, growing by 2.8% against the previous year. Overall, the export price showed a notable expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs at $12,441 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.9% per year.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka (CIF) - 2022
The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $79,670 per ton in 2022, growing by 724% against the previous year. Overall, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($91,170 per ton), while the price for Indonesia ($64,080 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+67.8%), 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 Sri Lanka
In 2022, the amount of tobacco; other than "homogenised" or "reconstituted" or "smoking"s exported from Sri Lanka plummeted to 37 tons, with a decrease of -86.8% against the previous year's figure. In general, exports recorded a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 2,242%.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s fell notably to $412K in 2022. Over the period under review, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 1,914% against the previous year.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3,066 | 126 | 2,794 | 412 | -48.8% |
| Syrian Arab Republic | N/A | N/A | 41.6 | N/A | 0% |
| Serbia | 358 | N/A | N/A | N/A | 0% |
| Oman | N/A | N/A | 191 | N/A | 0% |
| Ukraine | 786 | N/A | N/A | N/A | 0% |
| Others | 142 | 24.1 | 0.6 | 0.3 | -87.2% |
| Total | 4,352 | 150 | 3,027 | 412 | -54.4% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Sri Lanka in 2022:
- United Arab Emirates (37.5 tons)
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka
Imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s into Sri Lanka shrank dramatically to 610 kg in 2022, falling by -99.9% against the previous year's figure. Overall, imports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 when imports increased by 124%.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s contracted sharply to $49K in 2022. Over the period under review, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 253% against the previous year.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 164 | N/A | N/A | 31.7 | -42.2% |
| Netherlands | 20.2 | 7.2 | 4.1 | 9.7 | -21.7% |
| Indonesia | 50.7 | 4.9 | 2.5 | 7.2 | -47.8% |
| China | 156 | N/A | N/A | N/A | 0% |
| India | 3,751 | 1,066 | 4,686 | N/A | 11.8% |
| United Arab Emirates | 694 | 362 | 443 | N/A | -20.1% |
| Others | 402 | 21.2 | 24.0 | N/A | -75.6% |
| Total | 5,237 | 1,461 | 5,160 | 48.6 | -79.0% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Sri Lanka in 2022:
- Poland (348.0 kg)
- Netherlands (150.0 kg)
- Indonesia (112.0 kg)
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