Price for Tobacco; "Homogenised" or "Reconstituted" in Kuwait - 2022

Contents:

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

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

The average tobacco; "homogenised" or "reconstituted" import price stood at $4,919 per ton in 2022, which is down by -5.2% against the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of 97%. As a result, import price attained the peak level of $24,411 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2014 to 2022, the rate of growth in terms of prices for Turkey amounted to -5.2% per year.

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

In 2022, imports of tobacco; "homogenised" or "reconstituted"s into Kuwait totaled 3.6 tons, growing by 14% against the year before. The total import volume increased at an average annual rate of +13.9% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco; "homogenised" or "reconstituted" imports totaled $17K in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2020 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco; "Homogenised" or "Reconstituted" in Kuwait (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
TurkeyN/A16.217.58.0%
Egypt15.0N/AN/A0%
OthersN/AN/AN/A0%
Total15.016.217.58.0%

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

  1. Turkey (3.6 tons)

Source: IndexBox Market Intelligence Platform

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