Price for Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar (CIF) - 2022
The average import price for tobacco; partly or wholly stemmed or stripped stood at $13,648 per ton in 2022, rising by 26% against the previous year. Overall, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 Germany ($15,003 per ton), while the price for the United Arab Emirates stood at $3,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+8.0%), while the prices for the other major suppliers experienced a decline.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar (FOB) - 2022
In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $1,350 per ton, dropping by -35.3% against the previous year. Over the period under review, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 33%. The export price peaked at $5,199 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.1% per year.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar
In 2022, the amount of tobacco; partly or wholly stemmed or stripped imported into Myanmar soared to 214 tons, growing by 80% against 2021. Over the period under review, imports showed significant growth. As a result, imports reached 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 $2.9M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 22.2 | 42.7 | 2,852 | 1033.4% |
| United Arab Emirates | 0.6 | 1.2 | 1.1 | 72.6 | 394.6% |
| China | 8.4 | 33.6 | 8.5 | N/A | 0.6% |
| Philippines | 342 | 742 | 1,023 | N/A | 73.0% |
| Brazil | 148 | 265 | 193 | N/A | 14.2% |
| Others | 10.3 | 23.9 | 21.6 | N/A | 44.8% |
| Total | 509 | 1,088 | 1,290 | 2,925 | 79.1% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Myanmar in 2022:
- Germany (190.1 tons)
- United Arab Emirates (24.2 tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar
For the third year in a row, Myanmar recorded decline in overseas shipments of tobacco; partly or wholly stemmed or stripped, which decreased by -69.2% to 185 tons in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of -6.7% was in 2021.
In value terms, exports of tobacco; partly or wholly stemmed or stripped fell rapidly to $250K in 2022. In general, exports faced a significant decline. The smallest decline of -13.5% was in 2021.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 956 | 453 | 264 | 250 | -36.1% |
| South Korea | 67.9 | 58.9 | 51.6 | N/A | -12.8% |
| Thailand | 43.8 | 84.2 | 165 | N/A | 94.1% |
| China | 510 | 187 | 222 | N/A | -34.0% |
| India | 48.0 | 98.7 | 80.9 | N/A | 29.8% |
| Philippines | 133 | 65.0 | 32.3 | N/A | -50.7% |
| United Arab Emirates | 409 | 343 | 281 | N/A | -17.1% |
| Others | 106 | 161 | 158 | N/A | 22.1% |
| Total | 2,274 | 1,451 | 1,255 | 250 | -52.1% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Myanmar in 2022:
- Indonesia (185.1 tons)
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