Price for Tobacco, (Not Stemmed or Stripped) in Costa Rica - 2022
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Costa Rica (CIF) - 2022
- Price for Tobacco, (Not Stemmed or Stripped) in Costa Rica (FOB) - 2022
- Imports of Tobacco, (Not Stemmed or Stripped) in Costa Rica
- Exports of Tobacco, (Not Stemmed or Stripped) in Costa Rica
Price for Tobacco, (Not Stemmed or Stripped) in Costa Rica (CIF) - 2022
The average import price for tobacco, (not stemmed or stripped)s stood at $13,248 per ton in 2022, rising by 34% against the previous year. In general, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nicaragua ($17,805 per ton), while the price for the Dominican Republic ($10,963 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco, (Not Stemmed or Stripped) in Costa Rica (FOB) - 2022
In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $2,000 per ton, waning by -75.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 52%. The export price peaked at $8,583 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +7.1% per year.
Imports of Tobacco, (Not Stemmed or Stripped) in Costa Rica
In 2022, the amount of tobacco, (not stemmed or stripped)s imported into Costa Rica reduced slightly to 65 tons, falling by -2.3% compared with 2021 figures. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year.
In value terms, tobacco, (not stemmed or stripped) imports soared to $858K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tobacco, (Not Stemmed or Stripped) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 41.4 | 26.0 | 45.7 | 200 | 69.0% |
| Ecuador | 100 | 47.6 | 126 | 200 | 26.0% |
| Cuba | 252 | 90.1 | 42.6 | 181 | -10.4% |
| Turkey | 49.4 | 33.0 | 53.7 | 163 | 48.9% |
| Dominican Republic | 84.0 | 55.1 | 26.7 | 99.8 | 5.9% |
| Malawi | 9.3 | 4.5 | 5.3 | N/A | -24.5% |
| Switzerland | 51.1 | 33.3 | 53.1 | N/A | 1.9% |
| Greece | 25.4 | 15.5 | 22.9 | N/A | -5.0% |
| Guatemala | 146 | 105 | 184 | N/A | 12.3% |
| North Macedonia | 35.9 | 20.4 | 28.3 | N/A | -11.2% |
| Mexico | 24.8 | 16.2 | 25.7 | N/A | 1.8% |
| Others | 28.0 | 15.6 | 40.8 | 13.9 | -20.8% |
| Total | 847 | 462 | 656 | 858 | 0.4% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Costa Rica in 2022:
- Ecuador (18.1 tons)
- Turkey (12.8 tons)
- Cuba (12.7 tons)
- Nicaragua (11.3 tons)
- Dominican Republic (9.1 tons)
Exports of Tobacco, (Not Stemmed or Stripped) in Costa Rica
After two years of decline, shipments abroad of tobacco, (not stemmed or stripped)s increased by 37% to 6.6 tons in 2022. In general, exports, however, faced a sharp descent.
In value terms, tobacco, (not stemmed or stripped) exports plummeted to $13K in 2022. Over the period under review, exports, however, recorded a sharp curtailment. The smallest decline of -46.6% was in 2020.
| Export of Tobacco, (Not Stemmed or Stripped) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 25.4 | 35.5 | 5.5 | 13.3 | -19.4% |
| Dominican Republic | 165 | 223 | 29.0 | N/A | -58.1% |
| Argentina | 347 | N/A | N/A | N/A | 0% |
| Bahamas | 9.0 | 9.7 | 1.0 | N/A | -66.7% |
| Honduras | 38.9 | 40.7 | 4.1 | N/A | -67.5% |
| Others | 5.0 | 5.9 | 0.7 | N/A | -62.6% |
| Total | 590 | 315 | 40.2 | 13.3 | -71.8% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Costa Rica in 2022:
- Nicaragua (6.6 tons)
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