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

Contents:

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

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

In 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $63,200 per ton, increasing by 175% against the previous year. In general, the import price posted a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($91,000 per ton), while the price for Brazil ($9,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+293.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $35,824 per ton in 2022, surging by 910% against the previous year. In general, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to -4.0% per year.

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

In 2022, purchases abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -99.5% to 35 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 5,326% against the previous year. As a result, imports reached the peak of 7.8 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s declined rapidly to $2.2K in 2022. In general, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 2,747% against the previous year. As a result, imports reached the peak of $157K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A0.40.61.380.3%
Belgium0.10.70.60.571.0%
Hong Kong SARN/AN/AN/A0.20%
United StatesN/AN/AN/A0.10%
NorwayN/AN/AN/A0.10%
United Kingdom0.10.30.2N/A41.4%
India1.9152145N/A773.6%
PakistanN/AN/A0.1N/A0%
BrazilN/A0.10.1N/A0.0%
Others3.43.86.0N/A32.8%
Total5.51571532.2-26.3%

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

  1. Sweden (14.0 kg)
  2. Belgium (12.0 kg)
  3. Brazil (3.0 kg)
  4. Hong Kong SAR (3.0 kg)
  5. United States (1.0 kg)
  6. United Kingdom (1.0 kg)
  7. Norway (1.0 kg)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume decreased by 99.9% to 17 kg. Overall, exports showed a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 267% against the previous year.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s contracted dramatically to $609 in 2022. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 209%.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.31152,422N/A1860.7%
Germany3.810.44.9N/A13.6%
Zambia9701,1931,215N/A11.9%
Sudan5123,8022,073N/A101.2%
ItalyN/AN/A26.8N/A0%
UkraineN/AN/A450N/A0%
Others3265017400.6-87.7%
Total1,8195,6226,9320.6-93.1%

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

  1. Germany (7.0 kg)

Source: IndexBox Market Intelligence Platform

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