Price for Tobacco; "Homogenised" or "Reconstituted" in Libya - 2022
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Libya (CIF) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Libya
Price for Tobacco; "Homogenised" or "Reconstituted" in Libya (CIF) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $2,299 per ton, picking up by 13% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco; "homogenised" or "reconstituted" import price decreased by -30.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 21% against the previous year. The import price peaked at $3,324 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($2,699 per ton), while the price for India totaled $2,232 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.4%).
Imports of Tobacco; "Homogenised" or "Reconstituted" in Libya
In 2022, the amount of tobacco; "homogenised" or "reconstituted"s imported into Libya dropped to 261 tons, with a decrease of -4.3% compared with the previous year. Over the period under review, imports, however, saw a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of 582%. As a result, imports attained the peak of 273 tons, and then contracted modestly in the following year.
In value terms, tobacco; "homogenised" or "reconstituted" imports expanded sharply to $600K in 2022. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 374% against the previous year.
| Import of Tobacco; "Homogenised" or "Reconstituted" in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 701 | 68.1 | 469 | 498 | -10.8% |
| Egypt | 64.6 | 49.2 | 85.9 | 101 | 16.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 766 | 117 | 555 | 600 | -7.8% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Libya in 2022:
- India (223.2 tons)
- Egypt (37.5 tons)
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