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

Contents:

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

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

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $3,517 per ton, picking up by 6.8% against the previous year. Overall, the export price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs at $5,625 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($7,276 per ton), while the average price for exports to Madagascar ($235 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 Belgium (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $1,708 per ton, shrinking by -46.2% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 563%. The import price peaked at $3,474 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Uganda ($6,022 per ton), while the price for Congo ($948 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+17.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of tobacco, (not stemmed or stripped)s, when their volume decreased by -24.5% to 2.5K tons. Over the period under review, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year.

In value terms, tobacco, (not stemmed or stripped) exports contracted markedly to $8.7M in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of $11M, and then dropped notably in the following year.

Export of Tobacco, (Not Stemmed or Stripped) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4741,0383302,16165.8%
FranceN/AN/AN/A1,2250%
GeorgiaN/AN/A18.39805255.2%
SingaporeN/AN/AN/A6570%
United Arab EmiratesN/A0.5N/A6403477.7%
BulgariaN/AN/AN/A5320%
Poland12619321848556.7%
PortugalN/AN/AN/A4360%
DenmarkN/AN/AN/A3940%
Egypt560N/AN/A378-12.3%
MoroccoN/AN/AN/A55.10%
MadagascarN/AN/AN/A32.60%
South Korea1,8473,4994,782N/A60.9%
Others1,2822,0455,390683-18.9%
Total4,2896,77610,7398,65926.4%

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

  1. France (368.3 tons)
  2. Belgium (297.0 tons)
  3. Georgia (257.5 tons)
  4. Morocco (198.0 tons)
  5. Egypt (189.0 tons)
  6. Singapore (182.4 tons)
  7. Bulgaria (158.4 tons)
  8. United Arab Emirates (154.0 tons)
  9. Madagascar (138.6 tons)
  10. Denmark (99.0 tons)
  11. Poland (93.0 tons)
  12. Portugal (79.2 tons)

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

In 2022, overseas purchases of tobacco, (not stemmed or stripped)s decreased by -65.7% to 154 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 2,259%. As a result, imports attained the peak of 5.4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco, (not stemmed or stripped) imports fell markedly to $263K in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 457%. As a result, imports attained the peak of $2.6M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Tobacco, (Not Stemmed or Stripped) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda441N/AN/A119-35.4%
Democratic Republic of the CongoN/AN/AN/A93.60%
CongoN/AN/AN/A49.20%
ZimbabweN/A2,590N/AN/A0%
IndiaN/AN/A1,427N/A0%
Others23.5N/AN/A1.1-64.0%
Total4652,5901,427263-17.3%

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

  1. Democratic Republic of the Congo (82.4 tons)
  2. Congo (51.9 tons)
  3. Uganda (19.8 tons)

Source: IndexBox Market Intelligence Platform

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