Price for Tobacco; Partly or Wholly Stemmed or Stripped in Australia - 2022

Contents:

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

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

The average export price for tobacco; partly or wholly stemmed or stripped stood at $41,685 per ton in 2022, with an increase of 4.6% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 45%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Solomon Islands ($279,933 per ton), while the average price for exports to South Korea ($1,000 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 Solomon Islands (+46.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for tobacco; partly or wholly stemmed or stripped stood at $5,946 per ton in 2022, falling by -6.7% against the previous year. Overall, the import price, however, recorded mild growth. The most prominent rate of growth was recorded in 2015 an increase of 47%. The import price peaked at $12,395 per ton in 2020; however, from 2021 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 Tanzania ($36,067 per ton), while the price for Thailand ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 435 kg of tobacco; partly or wholly stemmed or stripped were exported from Australia; reducing by -51.5% compared with the previous year's figure. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 5,171%. As a result, the exports reached the peak of 896 kg, and then shrank notably in the following year.

In value terms, exports of tobacco; partly or wholly stemmed or stripped dropped sharply to $18K in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 6,141%. As a result, the exports attained the peak of $36K, and then declined markedly in the following year.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Solomon Islands1.60.414.412.699.0%
Philippines0.60.13.42.356.5%
Malaysia0.30.12.62.191.3%
NetherlandsN/AN/A0.10.10.0%
United Arab EmiratesN/AN/A14.4N/A0%
Others0.3N/A0.71.049.4%
Total2.90.635.718.184.1%

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

  1. Philippines (339.0 kg)
  2. Solomon Islands (45.0 kg)
  3. Malaysia (29.0 kg)
  4. Netherlands (10.0 kg)

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

In 2022, approx. 857 kg of tobacco; partly or wholly stemmed or stripped were imported into Australia; rising by 115% compared with 2021 figures. Overall, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $5.1K in 2022. Over the period under review, imports, however, faced a abrupt curtailment.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Australia (USD)
COUNTRY202020212022CAGR,
2020-2022
Italy2,1107681,667-11.1%
Philippines1,258436903-15.3%
Mozambique1,243406791-20.2%
Brazil1,448435781-26.6%
Tanzania890284541-22.0%
Indonesia356123255-15.4%
Others34392.0158-32.1%
Total7,6482,5445,096-18.4%

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

  1. Mozambique (237.0 kg)
  2. Brazil (179.0 kg)
  3. Philippines (169.0 kg)
  4. Italy (148.0 kg)
  5. Indonesia (62.0 kg)
  6. Tanzania (15.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco; partly or wholly stemmed or stripped - Australia