Price for Tobacco; "Homogenised" or "Reconstituted" in Morocco - 2022
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Morocco (CIF) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in Morocco (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Morocco
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Morocco
Price for Tobacco; "Homogenised" or "Reconstituted" in Morocco (CIF) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $3,678 per ton, with a decrease of -6% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2013 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $3,914 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($10,696 per ton), while the price for Spain ($1,191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tobacco; "Homogenised" or "Reconstituted" in Morocco (FOB) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $8,276 per ton, declining by -19.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2021 an increase of 18%. As a result, the export price reached the peak level of $10,266 per ton, and then fell sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Algeria.
From 2012 to 2022, the rate of growth in terms of prices for Algeria amounted to +2.0% per year.
Imports of Tobacco; "Homogenised" or "Reconstituted" in Morocco
After three years of growth, supplies from abroad of tobacco; "homogenised" or "reconstituted"s decreased by -3.9% to 284 tons in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 168% against the previous year.
In value terms, tobacco; "homogenised" or "reconstituted" imports fell to $1M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 199%.
| Import of Tobacco; "Homogenised" or "Reconstituted" in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 256 | 669 | 655 | 589 | 32.0% |
| France | 22.4 | 173 | 208 | 186 | 102.5% |
| Germany | 23.2 | 66.0 | 70.3 | 68.8 | 43.7% |
| Spain | 9.8 | 22.3 | 19.0 | 14.8 | 14.7% |
| Others | N/A | N/A | 203 | 184 | -9.4% |
| Total | 311 | 931 | 1,155 | 1,043 | 49.7% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Morocco in 2022:
- France (74.7 tons)
- Netherlands (55.1 tons)
- Germany (51.7 tons)
- Spain (12.4 tons)
Exports of Tobacco; "Homogenised" or "Reconstituted" in Morocco
In 2022, after two years of decline, there was significant growth in overseas shipments of tobacco; "homogenised" or "reconstituted"s, when their volume increased by 25% to 1K tons. Over the period under review, exports, however, showed a perceptible contraction.
In value terms, tobacco; "homogenised" or "reconstituted" exports stood at $8.7M in 2022. In general, exports, however, showed a relatively flat trend pattern.
| Export of Tobacco; "Homogenised" or "Reconstituted" in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 8.9 | 8.7 | 8.6 | 8.7 | -0.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.9 | 8.7 | 8.6 | 8.7 | -0.8% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Morocco in 2022:
- Algeria (1.0K tons)
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