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

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uzbekistan (CIF) - 2023
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uzbekistan (FOB) - 2022
  3. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Uzbekistan
  4. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Uzbekistan

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Uzbekistan (CIF) - 2023

The average import price for tobacco; partly or wholly stemmed or stripped stood at $8,118 per ton in October 2023, dropping by -12.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in August 2023 when the average import price increased by 13% against the previous month. As a result, import price reached the peak level of $9,615 per ton. From September 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Zimbabwe ($9,862 per ton), while the price for Mozambique ($5,866 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $5,359 per ton, with a decrease of -3.9% against the previous year. Over the period under review, export price indicated a significant increase from 2019 to 2022: its price increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tobacco; partly or wholly stemmed or stripped decreased by -12.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 107% against the previous year. As a result, the export price attained the peak level of $6,136 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($5,439 per ton), while the average price for exports to Russia stood at $5,350 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+106.8%).

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

In 2022, the amount of tobacco; partly or wholly stemmed or stripped imported into Uzbekistan skyrocketed to 3.4K tons, growing by 25% compared with the year before. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $23M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.56.15.17.443.6%
IndiaN/A2.53.64.838.6%
MozambiqueN/A0.41.22.5150.0%
ZimbabweN/AN/AN/A2.20%
ItalyN/A0.30.91.5123.6%
ChinaN/AN/A0.41.2200.0%
United StatesN/A3.1N/A1.1-40.4%
KenyaN/A0.30.40.752.8%
Russia13.61.81.6N/A-65.7%
OthersN/A0.50.51.254.9%
Total16.115.013.622.712.1%

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

  1. Brazil (1102.2 tons)
  2. India (722.1 tons)
  3. Mozambique (453.4 tons)
  4. Zimbabwe (280.2 tons)
  5. Italy (233.4 tons)
  6. China (167.6 tons)
  7. Kenya (126.2 tons)
  8. United States (88.8 tons)
  9. Russia (3.2 tons)

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

In 2022, exports of tobacco; partly or wholly stemmed or stripped from Uzbekistan surged to 965 tons, growing by 337% on 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 471%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of tobacco; partly or wholly stemmed or stripped soared to $5.2M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 419%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A1.24.6283.3%
BelarusN/AN/AN/A0.60%
United States0.30.2N/AN/A-33.3%
OthersN/AN/AN/AN/A0%
Total0.30.21.25.2158.8%

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

  1. Russia (864.0 tons)
  2. Belarus (101.4 tons)

Source: IndexBox Market Intelligence Platform

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