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

Contents:

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

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

In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $2,948 per ton, reducing by -19.4% against the previous year. Over the period under review, the export price recorded a mild reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $3,850 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($2,949 per ton), while the average price for exports to Afghanistan totaled $2,896 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+8.5%).

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

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $3,864 per ton, declining by -6% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 29%. Over the period under review, average import prices attained the maximum at $7,697 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,564 per ton), while the price for Malaysia ($2,387 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of tobacco; "homogenised" or "reconstituted"s, when their volume decreased by -25.3% to 4.7K tons. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 43% against the previous year.

In value terms, tobacco; "homogenised" or "reconstituted" exports declined dramatically to $14M in 2022. In general, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year.

Export of Tobacco; "Homogenised" or "Reconstituted" in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Yemen2.910.118.013.466.6%
Afghanistan4.85.83.60.3-60.3%
Montenegro2.6N/AN/AN/A0%
OthersN/A0.11.2N/A1100.0%
Total10.315.922.813.710.0%

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

  1. Yemen (4.6K tons)
  2. Afghanistan (0.1K tons)

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

After three years of growth, overseas purchases of tobacco; "homogenised" or "reconstituted"s decreased by -50.8% to 570 tons in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 108%. As a result, imports attained the peak of 1.2K tons, and then contracted markedly in the following year.

In value terms, tobacco; "homogenised" or "reconstituted" imports contracted significantly to $2.2M in 2022. Overall, imports, however, saw modest growth. The growth pace was the most rapid in 2021 with an increase of 146%. As a result, imports reached the peak of $4.8M, and then declined sharply in the following year.

Import of Tobacco; "Homogenised" or "Reconstituted" in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France90.147.0403779105.2%
United States1,1591,1703,529666-16.9%
Philippines3984882454101.0%
United Kingdom211114111163-8.2%
Malaysia72.428.683.312219.0%
Others17084.339062.1-28.5%
Total2,1001,9324,7612,2031.6%

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

  1. United States (245.5 tons)
  2. France (118.7 tons)
  3. Philippines (87.7 tons)
  4. United Kingdom (60.9 tons)
  5. Malaysia (51.2 tons)

Source: IndexBox Market Intelligence Platform

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