Tobacco Refuse Price in Malaysia - 2021

Contents:

  1. Tobacco Refuse Price in Malaysia (CIF) - 2022
  2. Tobacco Refuse Price in Malaysia (FOB) - 2022
  3. Tobacco Refuse Imports in Malaysia
  4. Tobacco Refuse Exports in Malaysia

Tobacco Refuse Price in Malaysia (CIF) - 2022

The average tobacco refuse import price stood at $392 per ton in 2022, surging by 27% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $603 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mozambique ($565 per ton), while the price for Turkey ($85 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in Malaysia (FOB) - 2022

The average tobacco refuse export price stood at $3,179 per ton in 2022, waning by -1.9% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco refuse export price decreased by -0.2% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of 110% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,239 per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($4,500 per ton), while the average price for exports to South Korea ($2,060 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 Solomon Islands (+87.7%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Imports in Malaysia

In 2022, overseas purchases of tobacco refuses were finally on the rise to reach 6.6K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt downturn.

In value terms, tobacco refuse imports soared to $2.6M in 2022. In general, imports, however, faced a sharp slump.

Import of Tobacco Refuse in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina440413183424-1.2%
Mozambique48.816711320260.6%
Brazil752611471200-35.7%
Russia10712977.91399.1%
Tanzania12612154.5113-3.6%
Malawi20415619.885.4-25.2%
Philippines62220970.383.8-48.7%
Pakistan10877.442.175.0-11.4%
Germany10484.532.858.2-17.6%
Poland42.252.427.148.34.6%
Turkey22336.913.734.2-46.5%
India47823.811.725.1-62.6%
Serbia52.45.812.822.8-24.2%
Others2,2121,4435111,075-21.4%
Total5,5193,5291,6402,585-22.3%

Top Suppliers of Tobacco Refuse to Malaysia in 2022:

  1. Argentina (1166.8 tons)
  2. Russia (785.4 tons)
  3. Brazil (526.0 tons)
  4. Turkey (401.7 tons)
  5. Mozambique (357.5 tons)
  6. Pakistan (355.6 tons)
  7. Philippines (256.4 tons)
  8. Germany (232.2 tons)
  9. Tanzania (203.2 tons)
  10. Malawi (176.9 tons)
  11. Poland (175.1 tons)
  12. Serbia (152.8 tons)
  13. India (148.3 tons)

Tobacco Refuse Exports in Malaysia

After two years of decline, shipments abroad of tobacco refuses increased by 6.9% to 3 tons in 2022. In general, exports, however, showed a abrupt decrease.

In value terms, tobacco refuse exports rose slightly to $9.7K in 2022. Over the period under review, exports, however, continue to indicate a perceptible slump.

Export of Tobacco Refuse in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore4.04.14.24.86.3%
Philippines3.73.02.42.2-15.9%
Cambodia1.00.90.80.8-7.2%
South Korea0.70.60.50.5-10.6%
Switzerland0.20.30.30.426.0%
Indonesia0.60.40.30.2-30.7%
Others0.90.80.70.8-3.9%
Total11.110.19.29.7-4.4%

Top Export Markets for Tobacco Refuse from Malaysia in 2022:

  1. Singapore (1818.0 kg)
  2. Philippines (611.0 kg)
  3. South Korea (234.0 kg)
  4. Cambodia (214.0 kg)
  5. Switzerland (84.0 kg)
  6. Indonesia (71.0 kg)

Source: IndexBox Market Intelligence Platform

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