Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in the Dominican Republic - 2023
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic (FOB) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic (CIF) - 2022
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic (FOB) - 2022
In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $13,043 per ton, increasing by 90% against the previous year. Overall, the export price recorded mild growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 235%. As a result, the export price reached the peak level of $25,191 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($112,865 per ton), while the average price for exports to the United States ($2,906 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 Switzerland (+45.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic (CIF) - 2022
In 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $6,655 per ton, which is down by -34.8% against the previous year. Over the period under review, the import price showed a pronounced curtailment. The pace of growth was the most pronounced in 2017 an increase of 21% against the previous year. Over the period under review, average import prices attained the maximum at $10,213 per ton in 2021, and then declined sharply in the following year.
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 the United States ($17,938 per ton), while the price for Germany ($6,062 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 (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic
In 2022, overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -69.8% to 468 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic decline. The pace of growth was the most pronounced in 2020 when exports increased by 26%. As a result, the exports attained the peak of 5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s shrank notably to $6.1M in 2022. Overall, exports showed a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 30%. As a result, the exports attained the peak of $23M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 3.1 | 1.9 | 2.3 | 3.2 | 1.1% |
| Spain | N/A | N/A | 1.8 | 1.4 | -22.2% |
| United States | 9.9 | 12.2 | 3.6 | 1.0 | -53.4% |
| Turkey | N/A | N/A | N/A | 0.2 | 0% |
| Honduras | N/A | N/A | N/A | 0.1 | 0% |
| Italy | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Germany | 2.8 | 3.6 | 0.9 | N/A | -43.3% |
| Others | 2.1 | 5.5 | 1.8 | N/A | -7.4% |
| Total | 18.0 | 23.3 | 10.7 | 6.1 | -30.3% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from the Dominican Republic in 2022:
- United States (335.9 tons)
- Switzerland (62.8 tons)
- Turkey (17.4 tons)
- Italy (17.2 tons)
- Honduras (13.0 tons)
- Spain (12.3 tons)
- Germany (9.0 tons)
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic
In 2022, overseas purchases of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -53% to 107 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s shrank notably to $713K in 2022. Overall, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.6 | 0.3 | 1.2 | 0.5 | -5.9% |
| Germany | 1.2 | 3.3 | N/A | 0.1 | -56.3% |
| United States | 5.1 | 6.0 | 0.2 | N/A | -80.2% |
| Mexico | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | 1.2 | 1.0 | 0.8 | N/A | -18.4% |
| Total | 8.2 | 10.5 | 2.3 | 0.7 | -56.0% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to the Dominican Republic in 2022:
- Switzerland (86.4 tons)
- Germany (19.0 tons)
- United States (0.3 tons)
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