Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay - 2022

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay (CIF) - 2022
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay (FOB) - 2022
  3. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay
  4. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay (CIF) - 2022

In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $5,642 per ton, increasing by 20% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($7,369 per ton), while the price for Greece ($3,655 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay (FOB) - 2022

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $4,321 per ton, shrinking by -6.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 22%. The export price peaked at $4,884 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +0.6% per year.

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay

In 2022, overseas purchases of tobacco; partly or wholly stemmed or stripped were finally on the rise to reach 864 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt decline.

In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $4.9M in 2022. Overall, imports, however, showed a perceptible shrinkage.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2,4451,5542,0842,107-4.8%
Zambia32131721346313.0%
China20713838746130.6%
GreeceN/AN/AN/A3910%
SerbiaN/AN/AN/A2980%
Malawi1,0751,075N/A281-36.1%
Italy2411152722450.6%
Argentina541N/AN/A240-23.7%
India375149N/A190-20.3%
Bosnia and Herzegovina202318440101-20.6%
PolandN/AN/AN/A97.80%
Others199N/AN/AN/A0%
Total5,6053,6663,3964,875-4.5%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Uruguay in 2022:

  1. Brazil (286.0 tons)
  2. Greece (106.9 tons)
  3. China (99.0 tons)
  4. Zambia (79.2 tons)
  5. Italy (59.4 tons)
  6. Serbia (59.4 tons)
  7. Malawi (55.4 tons)
  8. Argentina (39.9 tons)
  9. India (39.6 tons)
  10. Poland (19.8 tons)
  11. Bosnia and Herzegovina (19.5 tons)

Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay

For the third consecutive year, Uruguay recorded decline in overseas shipments of tobacco; partly or wholly stemmed or stripped, which decreased by -8.6% to 1K tons in 2022. In general, exports recorded a abrupt decrease. The smallest decline of -0.8% was in 2020.

In value terms, exports of tobacco; partly or wholly stemmed or stripped reduced to $4.5M in 2022. Over the period under review, exports faced a deep contraction. The smallest decline of -2.5% was in 2020.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay6.96.75.34.5-13.3%
OthersN/AN/AN/AN/A0%
Total6.96.75.34.5-13.3%

Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Uruguay in 2022:

  1. Paraguay (1.0K tons)

Source: IndexBox Market Intelligence Platform

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