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

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Iraq (CIF) - 2022
  2. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Iraq

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

In 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $5,667 per ton, falling by -33.1% against the previous year. In general, the import price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2019 an increase of 178% against the previous year. As a result, import price attained the peak level of $19,250 per ton. From 2020 to 2022, the average 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 Armenia ($22,352 per ton), while the price for Iran ($621 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas purchases of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -62.6% to 532 tons in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 157% against the previous year.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s fell dramatically to $3M in 2022. Overall, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 47%.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia7.09.59.42.3-31.0%
United Arab Emirates0.81.61.90.5-14.5%
KuwaitN/AN/AN/A0.10%
India0.10.30.2N/A41.4%
IranN/AN/A0.1N/A0%
Others0.20.60.50.1-20.6%
Total8.112.012.13.0-28.2%

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

  1. United Arab Emirates (366.1 tons)
  2. Armenia (101.4 tons)
  3. Iran (28.4 tons)
  4. India (10.6 tons)
  5. Kuwait (10.4 tons)

Source: IndexBox Market Intelligence Platform

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