Price for Tobacco; "Homogenised" or "Reconstituted" in Sri Lanka - 2021

Contents:

  1. Price for Tobacco; "Homogenised" or "Reconstituted" in Sri Lanka (CIF) - 2022
  2. Imports of Tobacco; "Homogenised" or "Reconstituted" in Sri Lanka

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

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $13,044 per ton, which is down by -9.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 29% against the previous year. The import price peaked at $14,875 per ton in 2016; however, from 2017 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 Belgium ($13,052 per ton), while the price for Indonesia amounted to $2,929 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Tobacco; "Homogenised" or "Reconstituted" in Sri Lanka

In 2022, approx. 14 tons of tobacco; "homogenised" or "reconstituted"s were imported into Sri Lanka; increasing by 58% against 2021 figures. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 80%. As a result, imports reached the peak of 21 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco; "homogenised" or "reconstituted" imports surged to $188K in 2022. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, imports attained the peak of $252K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Tobacco; "Homogenised" or "Reconstituted" in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium11912635.918816.5%
Germany6.610.64.5N/A-17.4%
United States3.711542.3N/A238.1%
Others0.70.748.2N/A729.8%
Total13025213118813.1%

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

  1. Belgium (14.4 tons)

Source: IndexBox Market Intelligence Platform

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