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

Contents:

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

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

The average export price for tobacco; partly or wholly stemmed or stripped stood at $5,699 per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 11%. The export price peaked at $6,458 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($6,264 per ton) and Taiwan (Chinese) ($6,194 per ton), while the average price for exports to the United States ($5,167 per ton) and Turkey ($5,828 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $30,000 per ton, stabilizing at the previous year. In general, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 an increase of 162% against the previous year. The import price peaked at $37,841 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +21.0% per year.

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

Exports of tobacco; partly or wholly stemmed or stripped from Guatemala declined dramatically to 6.7K tons in 2022, shrinking by -28.9% on the previous year's figure. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year.

In value terms, exports of tobacco; partly or wholly stemmed or stripped fell dramatically to $38M in 2022. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.016.920.313.6-17.2%
Germany5.69.313.19.017.1%
Poland8.12.27.48.20.4%
Belgium4.32.71.92.5-16.5%
Turkey0.1N/AN/A1.8162.1%
Taiwan (Chinese)1.4N/A0.60.7-20.6%
Russia3.62.54.4N/A10.6%
Ukraine2.83.33.5N/A11.8%
Others6.72.73.52.4-29.0%
Total56.539.654.638.3-12.2%

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

  1. United States (2630.6 tons)
  2. Germany (1528.4 tons)
  3. Poland (1301.3 tons)
  4. Belgium (419.9 tons)
  5. Turkey (316.8 tons)
  6. Taiwan (Chinese) (120.6 tons)

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

In 2022, imports of tobacco; partly or wholly stemmed or stripped into Guatemala stood at 2 kg, remaining stable against the previous year's figure. Overall, imports faced a sharp curtailment. The smallest decline of -10.1% was in 2020.

In value terms, imports of tobacco; partly or wholly stemmed or stripped totaled $60 in 2022. Over the period under review, imports showed a sharp descent. The smallest decline of -15.4% was in 2020.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil40.056.0N/A60.014.5%
United States2,5712,152N/AN/A-16.3%
OthersN/AN/AN/AN/A0%
Total2,6112,208N/A60.0-71.6%

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

  1. Brazil (2.0 kg)

Source: IndexBox Market Intelligence Platform

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