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

Contents:

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

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

In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $4,278 per ton, reducing by -15.6% against the previous year. In general, import price indicated a notable increase from 2013 to 2022: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tobacco; partly or wholly stemmed or stripped decreased by -28.7% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of 60%. As a result, import price attained the peak level of $6,001 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($4,828 per ton), while the price for Zimbabwe ($2,322 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $5,758 per ton, growing by 3.2% against the previous year. Overall, the export price saw a slight increase. Over the period under review, the average export prices hit record highs at $6,087 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($10,958 per ton), while the average price for exports to Yemen ($653 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 Oman (+127.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of tobacco; partly or wholly stemmed or stripped into Egypt skyrocketed to 218 tons, rising by 570% compared with the year before. In general, imports recorded significant growth. 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 surged to $935K in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malawi27.815.653.3252108.5%
India11.717.753.9186151.4%
China8.86.40.9159162.4%
ZimbabweN/AN/AN/A1110%
GermanyN/A0.10.173.92618.5%
Tanzania0.50.30.666.3409.9%
GreeceN/AN/A0.151.351200.0%
Brazil14.015.833.3N/A54.2%
Others9.07.723.134.957.1%
Total71.963.6165935135.2%

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

  1. Malawi (52.1 tons)
  2. Zimbabwe (48.0 tons)
  3. India (38.5 tons)
  4. China (33.0 tons)
  5. Germany (15.3 tons)
  6. Tanzania (13.7 tons)
  7. Greece (10.6 tons)

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

In 2022, exports of tobacco; partly or wholly stemmed or stripped from Egypt reduced notably to 2.8 tons, waning by -40.7% on the previous year. Overall, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 348% against the previous year.

In value terms, exports of tobacco; partly or wholly stemmed or stripped contracted remarkably to $16K in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 348%.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India16.10.723.711.4-10.9%
OmanN/AN/AN/A2.60%
Saudi Arabia68.00.81.71.8-70.2%
Yemen7.60.10.50.2-70.3%
Libya5.30.10.40.1-73.4%
MalawiN/A4.2N/AN/A0%
Others3.20.10.30.1-68.5%
Total1005.926.616.3-45.4%

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

  1. India (2054.0 kg)
  2. Oman (285.0 kg)
  3. Yemen (268.0 kg)
  4. Saudi Arabia (168.0 kg)
  5. Libya (34.0 kg)

Source: IndexBox Market Intelligence Platform

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