Price for Tobacco; "Homogenised" or "Reconstituted" in New Zealand - 2022
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in New Zealand (CIF) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in New Zealand (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in New Zealand
- Exports of Tobacco; "Homogenised" or "Reconstituted" in New Zealand
Price for Tobacco; "Homogenised" or "Reconstituted" in New Zealand (CIF) - 2022
The average tobacco; "homogenised" or "reconstituted" import price stood at $326,205 per ton in 2022, picking up by 6,618% against the previous year. Over the period under review, the import price showed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.1% per year.
Price for Tobacco; "Homogenised" or "Reconstituted" in New Zealand (FOB) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $2,088 per ton, shrinking by -45.3% against the previous year. Overall, the export price saw a sharp setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices hit record highs at $62,128 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 Germany ($4,036 per ton), while the average price for exports to Australia totaled $1,911 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+15.9%), while the prices for the other major destinations experienced a decline.
Imports of Tobacco; "Homogenised" or "Reconstituted" in New Zealand
For the third year in a row, New Zealand recorded decline in purchases abroad of tobacco; "homogenised" or "reconstituted"s, which decreased by -97.9% to 35 kg in 2022. Overall, imports recorded a dramatic decrease. The smallest decline of -67.3% was in 2020.
In value terms, tobacco; "homogenised" or "reconstituted" imports skyrocketed to $11K in 2022. In general, imports faced a precipitous descent.
Import of Tobacco; "Homogenised" or "Reconstituted" in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 1.1 | 0.3 | 0.2 | 11.4 | 118.0% |
Netherlands | 8.6 | 3.4 | 1.4 | N/A | -59.7% |
United States | 88.4 | 26.3 | 6.3 | N/A | -73.3% |
Others | 12.3 | 1.1 | 0.3 | N/A | -84.4% |
Total | 110 | 31.1 | 8.2 | 11.4 | -53.0% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to New Zealand in 2022:
- Philippines (35.0 kg)
Exports of Tobacco; "Homogenised" or "Reconstituted" in New Zealand
In 2022, approx. 318 kg of tobacco; "homogenised" or "reconstituted"s were exported from New Zealand; jumping by 99% against 2021. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tobacco; "homogenised" or "reconstituted" exports amounted to $665 in 2022. Over the period under review, exports, however, recorded a perceptible descent.
Export of Tobacco; "Homogenised" or "Reconstituted" in New Zealand (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 569 | 535 | 489 | 558 | -0.6% |
Germany | 190 | 186 | 115 | 107 | -17.4% |
Others | N/A | N/A | 5.0 | N/A | 0% |
Total | 759 | 721 | 609 | 665 | -4.3% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from New Zealand in 2022:
- Australia (292.0 kg)
- Germany (27.0 kg)
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