Price for Tobacco, (Not Stemmed or Stripped) in Indonesia - 2022

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Indonesia (CIF) - 2022
  2. Price for Tobacco, (Not Stemmed or Stripped) in Indonesia (FOB) - 2022
  3. Imports of Tobacco, (Not Stemmed or Stripped) in Indonesia
  4. Exports of Tobacco, (Not Stemmed or Stripped) in Indonesia

Price for Tobacco, (Not Stemmed or Stripped) in Indonesia (CIF) - 2022

In March 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $4,329 per ton, which is down by -14.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 116% month-to-month. As a result, import price attained the peak level of $9,685 per ton. From May 2021 to March 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Hungary ($7,900 per ton), while the price for Thailand ($500 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Indonesia (FOB) - 2022

The average export price for tobacco, (not stemmed or stripped)s stood at $8,538 per ton in 2022, dropping by -7.1% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, (not stemmed or stripped) export price increased by +93.8% against 2016 indices. The growth pace was the most rapid in 2013 an increase of 28% against the previous year. The export price peaked at $9,191 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($19,595 per ton), while the average price for exports to Mauritania ($1,063 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, (Not Stemmed or Stripped) in Indonesia

Tobacco, (not stemmed or stripped) imports into Indonesia fell significantly to 8.4K tons in 2022, which is down by -20.8% against 2021. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of 11K tons, and then declined sharply in the following year.

In value terms, tobacco, (not stemmed or stripped) imports fell rapidly to $41M in 2022. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 5%.

Import of Tobacco, (Not Stemmed or Stripped) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey23.413.621.110.2-24.2%
Germany8.99.92.85.9-12.8%
North Macedonia2.04.39.94.430.1%
Brazil7.512.12.52.7-28.9%
China8.72.87.72.4-34.9%
Greece0.40.10.11.244.2%
MalaysiaN/AN/AN/A1.10%
Netherlands0.30.31.80.944.2%
Thailand0.51.21.80.817.0%
Others20.622.322.211.4-17.9%
Total72.466.770.041.0-17.3%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Indonesia in 2022:

  1. Turkey (1797.5 tons)
  2. North Macedonia (1259.7 tons)
  3. China (1083.3 tons)
  4. Brazil (743.3 tons)
  5. Thailand (445.8 tons)
  6. Greece (391.1 tons)
  7. Malaysia (355.6 tons)
  8. Netherlands (223.4 tons)
  9. Germany (220.8 tons)

Exports of Tobacco, (Not Stemmed or Stripped) in Indonesia

Tobacco, (not stemmed or stripped) exports from Indonesia soared to 18K tons in 2022, jumping by 144% on 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, (not stemmed or stripped) exports skyrocketed to $155M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco, (Not Stemmed or Stripped) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines1.62.27.923.7145.6%
Sri Lanka8.75.75.815.120.2%
Dominican Republic6.68.14.813.928.2%
Nicaragua2.42.02.57.546.2%
United States1.83.17.36.049.4%
China3.06.42.05.723.9%
Germany5.27.79.14.7-3.3%
Belgium6.53.93.44.4-12.2%
Netherlands2.82.11.53.810.7%
Italy0.30.31.13.2120.1%
Tunisia0.10.40.61.6152.0%
Cambodia0.10.30.41.1122.4%
Mauritania0.10.10.10.344.2%
Others19.521.121.663.448.1%
Total58.863.368.115538.1%

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Indonesia in 2022:

  1. Dominican Republic (3.9K tons)
  2. Philippines (1.2K tons)
  3. Sri Lanka (1.1K tons)
  4. Belgium (1.1K tons)
  5. United States (0.9K tons)
  6. Netherlands (0.7K tons)
  7. Tunisia (0.7K tons)
  8. Italy (0.6K tons)
  9. Germany (0.5K tons)
  10. Nicaragua (0.5K tons)
  11. Mauritania (0.3K tons)
  12. Cambodia (0.3K tons)
  13. China (0.3K tons)

Source: IndexBox Market Intelligence Platform

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