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

Contents:

  1. Price for Tobacco; "Homogenised" or "Reconstituted" in Canada (CIF) - 2022
  2. Price for Tobacco; "Homogenised" or "Reconstituted" in Canada (FOB) - 2022
  3. Imports of Tobacco; "Homogenised" or "Reconstituted" in Canada
  4. Exports of Tobacco; "Homogenised" or "Reconstituted" in Canada

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

The average tobacco; "homogenised" or "reconstituted" import price stood at $3,457 per ton in 2022, jumping by 35% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 48%. As a result, import price reached the peak level of $6,670 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,951 per ton), while the price for Russia ($2,386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Tobacco; "Homogenised" or "Reconstituted" in Canada (FOB) - 2022

The average tobacco; "homogenised" or "reconstituted" export price stood at $4,452 per ton in 2022, falling by -21.4% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices reached the peak figure at $10,444 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,565 per ton), while the average price for exports to Sweden totaled $1,573 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-8.7%).

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

In 2022, the amount of tobacco; "homogenised" or "reconstituted"s imported into Canada plummeted to 333 tons, shrinking by -22.7% on the year before. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.4% against the previous year.

In value terms, tobacco; "homogenised" or "reconstituted" imports totaled $1.2M in 2022. Overall, imports recorded a relatively flat trend pattern.

Import of Tobacco; "Homogenised" or "Reconstituted" in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5116785605633.3%
FranceN/AN/A0.3417138900.0%
Russia543314454169-32.2%
Dominican Republic56.646.239.7N/A-16.2%
Others45.454.353.22.4-62.5%
Total1,1561,0921,1071,152-0.1%

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

  1. United States (142.5 tons)
  2. France (119.2 tons)
  3. Russia (70.9 tons)

Exports of Tobacco; "Homogenised" or "Reconstituted" in Canada

After two years of decline, overseas shipments of tobacco; "homogenised" or "reconstituted"s increased by 456% to 50 kg in 2022. In general, exports, however, continue to indicate a precipitous decline.

In value terms, tobacco; "homogenised" or "reconstituted" exports skyrocketed to $221 in 2022. Overall, exports, however, saw a dramatic contraction.

Export of Tobacco; "Homogenised" or "Reconstituted" in Canada (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,08339151.0215-41.7%
SwedenN/AN/AN/A3.00%
Others1.0N/AN/A3.044.2%
Total1,08439151.0221-41.1%

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Canada in 2022:

  1. United Kingdom (47.0 kg)
  2. Sweden (2.0 kg)

Source: IndexBox Market Intelligence Platform

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