Price for Tobacco, (Not Stemmed or Stripped) in Ecuador - 2022
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Ecuador (FOB) - 2022
- Price for Tobacco, (Not Stemmed or Stripped) in Ecuador (CIF) - 2022
- Exports of Tobacco, (Not Stemmed or Stripped) in Ecuador
- Imports of Tobacco, (Not Stemmed or Stripped) in Ecuador
Price for Tobacco, (Not Stemmed or Stripped) in Ecuador (FOB) - 2022
In January 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $18,449 per ton, shrinking by -3.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2021 when the average export price increased by 49% against the previous month. The export price peaked at $34,193 per ton in August 2021; however, from September 2021 to January 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Nicaragua ($22,514 per ton), while the average price for exports to Costa Rica ($7,500 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+0.7%), while the prices for the other major destinations experienced a decline.
Price for Tobacco, (Not Stemmed or Stripped) in Ecuador (CIF) - 2022
The average import price for tobacco, (not stemmed or stripped)s stood at $7,691 per ton in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum at $7,841 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Honduras ($9,942 per ton), while the price for Malawi ($2,457 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco, (Not Stemmed or Stripped) in Ecuador
Tobacco, (not stemmed or stripped) exports from Ecuador reduced to 4K tons in 2022, which is down by -7.3% compared with 2021 figures. Over the period under review, exports faced a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 16%.
In value terms, tobacco, (not stemmed or stripped) exports reduced to $79M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 17%. As a result, the exports attained the peak of $85M, and then reduced in the following year.
| Export of Tobacco, (Not Stemmed or Stripped) in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 38.2 | 39.0 | 46.4 | 44.3 | 5.1% |
| Nicaragua | 19.2 | 15.4 | 20.4 | 19.8 | 1.0% |
| Indonesia | 3.6 | 2.5 | 3.7 | 3.3 | -2.9% |
| Germany | 0.5 | 2.1 | 2.5 | 2.4 | 68.7% |
| Colombia | N/A | N/A | N/A | 1.3 | 0% |
| Spain | 0.9 | 0.9 | 1.0 | 1.0 | 3.6% |
| Poland | 0.7 | 0.5 | 0.5 | 0.9 | 8.7% |
| Others | 13.5 | 12.7 | 10.8 | 6.3 | -22.4% |
| Total | 76.6 | 73.1 | 85.3 | 79.2 | 1.1% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Ecuador in 2022:
- Dominican Republic (1974.3 tons)
- Nicaragua (893.7 tons)
- Colombia (426.2 tons)
- Indonesia (165.4 tons)
- Spain (124.5 tons)
- Poland (121.5 tons)
- Germany (64.0 tons)
Imports of Tobacco, (Not Stemmed or Stripped) in Ecuador
In 2022, tobacco, (not stemmed or stripped) imports into Ecuador declined notably to 4.9 tons, with a decrease of -32.9% on 2021. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 193% against the previous year. As a result, imports attained the peak of 7.2 tons, and then fell significantly in the following year.
In value terms, tobacco, (not stemmed or stripped) imports dropped remarkably to $37K in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 186%. As a result, imports reached the peak of $55K, and then shrank dramatically in the following year.
| Import of Tobacco, (Not Stemmed or Stripped) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 47.2 | 15.9 | 45.0 | 29.4 | -14.6% |
| Greece | 3.7 | 1.5 | 4.9 | 3.8 | 0.9% |
| North Macedonia | 3.4 | 1.4 | 4.5 | 3.5 | 1.0% |
| Turkey | 0.6 | 0.2 | 0.6 | 0.4 | -12.6% |
| Malawi | 0.4 | 0.1 | 0.3 | 0.2 | -20.6% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 55.3 | 19.4 | 55.3 | 37.3 | -12.3% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Ecuador in 2022:
- Honduras (2961.0 kg)
- North Macedonia (1175.0 kg)
- Greece (522.0 kg)
- Turkey (113.0 kg)
- Malawi (81.0 kg)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Ecuador.
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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 Ecuador.
2563
This report provides an in-depth analysis of the global unmanufactured tobacco market.
906
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.
