Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Ghana - 2022

Contents:

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

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

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $13,859 per ton in 2022, growing by 7.1% against the previous year. Overall, the import price recorded a strong increase. The pace of growth was the most pronounced in 2016 an increase of 103%. The import price peaked at $21,026 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($55,824 per ton), while the price for the United Arab Emirates totaled $2,038 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.5%).

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

In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $7,000 per ton, flattening at the previous year. Overall, the export price posted perceptible growth. The pace of growth appeared the most rapid in 2016 an increase of 60%. The export price peaked at $10,000 per ton in 2020; however, from 2021 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 Niger.

From 2015 to 2022, the rate of growth in terms of prices for Nigeria amounted to +900.0% per year.

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

In 2022, the amount of tobacco; other than "homogenised" or "reconstituted" or "smoking"s imported into Ghana amounted to 8.7 tons, increasing by 12% compared with 2021. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 15,696%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s soared to $120K in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 24,458%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. United Arab Emirates (6.8 tons)
2. India (1.9 tons)

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

In 2022, approx. 1 kg of tobacco; other than "homogenised" or "reconstituted" or "smoking"s were exported from Ghana; remaining constant against the year before. In general, exports faced a sharp slump. The smallest decline of -50% was in 2020.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $7 in 2022. Overall, exports faced a dramatic descent. The smallest decline of -28.6% was in 2020.

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

1. Niger (1.0 kg)

Source: IndexBox Market Intelligence Platform