Price for Tobacco; Partly or Wholly Stemmed or Stripped in Argentina - 2023

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Argentina (FOB) - 2022
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Argentina (CIF) - 2022
  3. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Argentina
  4. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Argentina

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Argentina (FOB) - 2022

The average export price for tobacco; partly or wholly stemmed or stripped stood at $4,611 per ton in 2022, growing by 5.6% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices hit record highs at $6,580 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($6,702 per ton), while the average price for exports to Brazil ($2,784 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 Indonesia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Argentina (CIF) - 2022

In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $3,184 per ton, waning by -36.2% against the previous year. Over the period under review, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $6,283 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($3,199 per ton), while the price for India amounted to $2,748 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Argentina

Exports of tobacco; partly or wholly stemmed or stripped from Argentina surged to 55K tons in 2022, with an increase of 94% against 2021 figures. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tobacco; partly or wholly stemmed or stripped surged to $254M in 2022. In general, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium73.670.463.715929.3%
China47.554.039.039.7-5.8%
BrazilN/AN/A1.211.3841.7%
Paraguay25.116.45.09.2-28.4%
Portugal3.95.11.28.429.1%
United States13.716.512.07.7-17.5%
MexicoN/A1.6N/A6.7104.6%
Others12.412.12.011.7-1.9%
Total17617612425413.0%

Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Argentina in 2022:

  1. Belgium (35.6K tons)
  2. China (5.9K tons)
  3. Brazil (4.1K tons)
  4. Paraguay (2.1K tons)
  5. Portugal (1.9K tons)
  6. United States (1.7K tons)
  7. Mexico (1.5K tons)

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Argentina

Imports of tobacco; partly or wholly stemmed or stripped into Argentina surged to 523 tons in 2022, picking up by 49% compared with the previous year's figure. Over the period under review, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. As a result, imports attained the peak of 977 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tobacco; partly or wholly stemmed or stripped fell to $1.7M in 2022. In general, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 57% against the previous year. As a result, imports attained the peak of $4.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.90.30.81.6-5.6%
Mozambique0.44.50.9N/A50.0%
India0.7N/A0.1N/A-62.2%
OthersN/AN/AN/AN/A0%
Total3.04.81.81.7-17.2%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Argentina in 2022:

  1. Brazil (505.1 tons)
  2. India (17.8 tons)

Source: IndexBox Market Intelligence Platform

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