Price for Tobacco; Partly or Wholly Stemmed or Stripped in India - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in India (FOB) - 2023
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in India (CIF) - 2023
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in India
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in India
Price for Tobacco; Partly or Wholly Stemmed or Stripped in India (FOB) - 2023
The average export price for tobacco; partly or wholly stemmed or stripped stood at $4,363 per ton in October 2023, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in June 2023 when the average export price increased by 13% against the previous month. The export price peaked at $4,434 per ton in March 2023; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($5,267 per ton), while the average price for exports to Greece ($2,488 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in India (CIF) - 2023
The average import price for tobacco; partly or wholly stemmed or stripped stood at $7,976 per ton in September 2023, surging by 9.9% against the previous month. In general, the import price enjoyed strong growth. The pace of growth was the most pronounced in April 2023 an increase of 113% against the previous month. Over the period under review, average import prices hit record highs at $8,263 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From September 2022 to September 2023, the rate of growth in terms of prices for Egypt amounted to 0.0% per month.
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in India
Exports of tobacco; partly or wholly stemmed or stripped from India soared to 212K tons in 2022, picking up by 40% compared with the previous year's figure. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tobacco; partly or wholly stemmed or stripped soared to $755M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 144 | 145 | 145 | 251 | 20.3% |
| Russia | 25.0 | 18.1 | 19.2 | 62.1 | 35.4% |
| Philippines | 23.1 | 12.1 | 26.0 | 44.9 | 24.8% |
| United Arab Emirates | 23.1 | 26.1 | 38.6 | 36.7 | 16.7% |
| South Korea | 27.8 | 23.7 | 24.3 | 36.2 | 9.2% |
| Nigeria | 7.9 | 14.8 | 17.6 | 33.5 | 61.9% |
| Indonesia | 17.5 | 22.5 | 27.2 | 29.7 | 19.3% |
| Nepal | 23.3 | 20.6 | 21.1 | 26.7 | 4.6% |
| Turkey | 11.1 | 12.0 | 8.1 | 24.8 | 30.7% |
| Georgia | 5.7 | 2.2 | 7.4 | 19.1 | 49.6% |
| Jordan | 5.5 | 4.2 | 3.8 | 15.4 | 40.9% |
| United States | 6.4 | 7.8 | 5.0 | 11.4 | 21.2% |
| Egypt | 20.9 | 16.0 | 21.0 | 11.0 | -19.3% |
| Others | 161 | 136 | 139 | 153 | -1.7% |
| Total | 502 | 461 | 504 | 755 | 14.6% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from India in 2022:
- Belgium (65.4K tons)
- United Arab Emirates (14.5K tons)
- Russia (13.4K tons)
- Philippines (11.9K tons)
- South Korea (9.1K tons)
- Georgia (7.2K tons)
- Indonesia (7.1K tons)
- Nepal (6.9K tons)
- Nigeria (6.9K tons)
- Turkey (6.8K tons)
- Egypt (6.1K tons)
- United States (6.1K tons)
- Jordan (5.6K tons)
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in India
After three years of growth, overseas purchases of tobacco; partly or wholly stemmed or stripped decreased by -51.5% to 3.3K tons in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 201%.
In value terms, imports of tobacco; partly or wholly stemmed or stripped skyrocketed to $17M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 155%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 0.4 | 1.6 | 4.8 | 12.9 | 218.3% |
| China | 2.2 | 5.6 | 5.2 | 1.9 | -4.8% |
| Egypt | N/A | N/A | 0.7 | 1.0 | 42.9% |
| Brazil | 0.8 | 1.5 | 1.8 | 0.9 | 4.0% |
| Belgium | 1.5 | 1.5 | N/A | N/A | 0.0% |
| Others | 1.4 | 6.4 | 1.9 | 0.6 | -24.6% |
| Total | 6.5 | 16.5 | 14.4 | 17.3 | 38.6% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to India in 2022:
- Zimbabwe (1643.4 tons)
- China (1022.6 tons)
- Egypt (356.7 tons)
- Brazil (184.6 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in India.
2351
This report provides an in-depth analysis of the global unmanufactured tobacco market.
890
This report provides an in-depth analysis of the unmanufactured tobacco market in India.
2351
This report provides an in-depth analysis of the global unmanufactured tobacco market.
814
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
814
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
