Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Argentina - 2022

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina (CIF) - 2022
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina (FOB) - 2022
  3. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina
  4. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina (CIF) - 2022

In October 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $4,437 per ton, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in February 2022 an increase of 10% against the previous month. The import price peaked at $4,460 per ton in July 2022; however, from August 2022 to October 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From October 2021 to October 2022, the rate of growth in terms of prices for Brazil amounted to +1.1% per month.

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina (FOB) - 2022

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $7,343 per ton in 2022, growing by 22% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s increased by +44.2% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 63% against the previous year. As a result, the export price reached the peak level of $8,710 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +2.9% per year.

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina

Imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s into Argentina declined to 849 tons in 2022, waning by -4.3% against the previous year's figure. Over the period under review, imports faced a deep downturn.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s declined to $3.3M in 2022. Overall, imports showed a precipitous contraction.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6.94.83.43.3-21.8%
Others0.40.30.3N/A-13.4%
Total7.35.13.73.3-23.3%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Argentina in 2022:

  1. Brazil (848.5 tons)

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina

In 2022, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s from Argentina skyrocketed to 432 kg, picking up by 289% compared with the previous year's figure. In general, exports showed a mild increase.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s skyrocketed to $3.2K in 2022. Over the period under review, exports continue to indicate a strong increase.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2.54.80.63.17.4%
United StatesN/A1.3N/AN/A0%
Others0.30.1N/A0.1-30.7%
Total2.76.10.73.25.8%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Argentina in 2022:

  1. Chile (426.0 kg)

Source: IndexBox Market Intelligence Platform

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