Price for Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela (FOB) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela (CIF) - 2022
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela (FOB) - 2022
In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $5,080 per ton, with an increase of 2.6% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The export price peaked at $6,649 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($6,111 per ton) and Turkey ($5,197 per ton), while the average price for exports to Germany ($4,978 per ton) and Indonesia ($5,132 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 Germany (+0.7%), while the prices for the other major destinations experienced a decline.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $4,875 per ton, with an increase of 3.7% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. The import price peaked at $8,856 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($5,537 per ton), while the price for Turkey ($3,857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-4.8%), while the prices for the other major suppliers experienced a decline.
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela
After three years of growth, overseas shipments of tobacco; partly or wholly stemmed or stripped decreased by -17.8% to 51 tons in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports reached the peak of 62 tons, and then declined notably in the following year.
In value terms, exports of tobacco; partly or wholly stemmed or stripped fell rapidly to $257K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $305K, and then dropped notably in the following year.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 156 | 157 | 250 | 213 | 10.9% |
| Poland | 42.2 | 34.1 | 35.0 | 23.5 | -17.7% |
| Turkey | 20.3 | 17.7 | 19.7 | 12.4 | -15.2% |
| Indonesia | N/A | N/A | N/A | 8.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 219 | 209 | 305 | 257 | 5.5% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Venezuela in 2022:
- Germany (42.8 tons)
- Poland (3.8 tons)
- Turkey (2.4 tons)
- Indonesia (1.6 tons)
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela
In 2022, overseas purchases of tobacco; partly or wholly stemmed or stripped were finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic curtailment.
In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $83K in 2022. Over the period under review, imports, however, continue to indicate a sharp shrinkage.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 207 | 46.2 | 11.8 | 55.5 | -35.5% |
| Turkey | 81.1 | 57.1 | 27.0 | 23.3 | -34.0% |
| United States | 5.6 | 17.0 | 6.3 | 3.8 | -12.1% |
| Others | 2.5 | N/A | N/A | N/A | 0% |
| Total | 296 | 120 | 45.1 | 82.7 | -34.6% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Venezuela in 2022:
- Brazil (10.0 tons)
- Turkey (6.1 tons)
- United States (0.9 tons)
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