Price for Tobacco, (Not Stemmed or Stripped) in Canada - 2023
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Canada (FOB) - 2023
- Price for Tobacco, (Not Stemmed or Stripped) in Canada (CIF) - 2022
- Exports of Tobacco, (Not Stemmed or Stripped) in Canada
- Imports of Tobacco, (Not Stemmed or Stripped) in Canada
Price for Tobacco, (Not Stemmed or Stripped) in Canada (FOB) - 2023
The average export price for tobacco, (not stemmed or stripped)s stood at $4,792 per ton in May 2023, waning by -43% against the previous month. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 62% m-o-m. The export price peaked at $8,408 per ton in April 2023, and then fell rapidly in the following month.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was the United States ($5,743 per ton), while the average price for exports to Italy stood at $2,764 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (0.0%).
Price for Tobacco, (Not Stemmed or Stripped) in Canada (CIF) - 2022
The average import price for tobacco, (not stemmed or stripped)s stood at $3,245 per ton in 2022, which is down by -7.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $7,044 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,176 per ton), while the price for Ecuador ($2,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.7%), while the prices for the other major suppliers experienced a decline.
Exports of Tobacco, (Not Stemmed or Stripped) in Canada
In 2022, exports of tobacco, (not stemmed or stripped)s from Canada was estimated at 14K tons, surging by 12% compared with 2021. Over the period under review, exports, however, showed a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 42%.
In value terms, tobacco, (not stemmed or stripped) exports rose rapidly to $61M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 56%.
| Export of Tobacco, (Not Stemmed or Stripped) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 62.2 | 34.5 | 53.8 | 61.0 | -0.6% |
| Others | 0.7 | 0.1 | 0.2 | 0.5 | -10.6% |
| Total | 62.9 | 34.6 | 54.0 | 61.5 | -0.7% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Canada in 2022:
- United States (14.0K tons)
Imports of Tobacco, (Not Stemmed or Stripped) in Canada
For the fourth year in a row, Canada recorded growth in overseas purchases of tobacco, (not stemmed or stripped)s, which increased by 12% to 1.5K tons in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, tobacco, (not stemmed or stripped) imports rose to $4.9M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 9.3% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Tobacco, (Not Stemmed or Stripped) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 2.7 | 2.1 | 1.7 | 2.2 | -6.6% |
| Greece | 2.0 | 1.9 | 2.4 | 1.9 | -1.7% |
| United States | 0.1 | 0.2 | 0.4 | 0.5 | 71.0% |
| Ecuador | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Total | 4.9 | 4.3 | 4.7 | 4.9 | 0.0% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Canada in 2022:
- North Macedonia (716.8 tons)
- Greece (649.7 tons)
- United States (86.1 tons)
- Ecuador (23.8 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Canada.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Canada.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
958
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
