Price for Tobacco; "Homogenised" or "Reconstituted" in Pakistan - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Pakistan (FOB) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in Pakistan (CIF) - 2022
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Pakistan
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | 2.9 | 10.1 | 18.0 | 13.4 | 66.6% |
Afghanistan | 4.8 | 5.8 | 3.6 | 0.3 | -60.3% |
Montenegro | 2.6 | N/A | N/A | N/A | 0% |
Others | N/A | 0.1 | 1.2 | N/A | 1100.0% |
Total | 10.3 | 15.9 | 22.8 | 13.7 | 10.0% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Pakistan in 2022:
- Yemen (4.6K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 90.1 | 47.0 | 403 | 779 | 105.2% |
United States | 1,159 | 1,170 | 3,529 | 666 | -16.9% |
Philippines | 398 | 488 | 245 | 410 | 1.0% |
United Kingdom | 211 | 114 | 111 | 163 | -8.2% |
Malaysia | 72.4 | 28.6 | 83.3 | 122 | 19.0% |
Others | 170 | 84.3 | 390 | 62.1 | -28.5% |
Total | 2,100 | 1,932 | 4,761 | 2,203 | 1.6% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Pakistan in 2022:
- United States (245.5 tons)
- France (118.7 tons)
- Philippines (87.7 tons)
- United Kingdom (60.9 tons)
- Malaysia (51.2 tons)
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