Price for Tobacco; "Homogenised" or "Reconstituted" in Azerbaijan - 2023

Contents:

  1. Price for Tobacco; "Homogenised" or "Reconstituted" in Azerbaijan (CIF) - 2022
  2. Imports of Tobacco; "Homogenised" or "Reconstituted" in Azerbaijan

Price for Tobacco; "Homogenised" or "Reconstituted" in Azerbaijan (CIF) - 2022

The average tobacco; "homogenised" or "reconstituted" import price stood at $6,485 per ton in 2022, with an increase of 134% against the previous year. Over the period under review, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Brazil ($6,809 per ton), while the price for Bangladesh totaled $4,375 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tobacco; "Homogenised" or "Reconstituted" in Azerbaijan

In 2022, imports of tobacco; "homogenised" or "reconstituted"s into Azerbaijan fell to 189 tons, dropping by -11.2% on 2021 figures. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 258% against the previous year.

In value terms, tobacco; "homogenised" or "reconstituted" imports skyrocketed to $1.2M in 2022. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 199%.

Import of Tobacco; "Homogenised" or "Reconstituted" in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,2761443431,114-4.4%
BangladeshN/AN/AN/A1100%
South Korea18729.395.7N/A-28.5%
France63.49.031.5N/A-29.5%
Serbia83.815.788.1N/A2.5%
OthersN/AN/A31.6N/A0%
Total1,6101985901,224-8.7%

Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Azerbaijan in 2022:

  1. Brazil (163.6 tons)
  2. Bangladesh (25.1 tons)

Source: IndexBox Market Intelligence Platform

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