Price for Tobacco, Unmanufactured; Tobacco Refuse in Argentina - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Argentina (FOB) - 2022
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Argentina (CIF) - 2022
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Argentina
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Argentina

Price for Tobacco, Unmanufactured; Tobacco Refuse in Argentina (FOB) - 2022

The average tobacco, unmanufactured; tobacco refuse export price stood at $3,833 per ton in 2022, almost unchanged from the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $4,855 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($6,711 per ton), while the average price for exports to Brazil ($1,099 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 the United States (+0.4%), while the prices for the other major destinations experienced a decline.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Argentina (CIF) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $2,253 per ton, waning by -53.1% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of 37%. Over the period under review, average import prices attained the peak figure at $7,380 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 North Macedonia ($8,491 per ton), while the price for Brazil ($635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Argentina

In 2022, exports of tobacco, unmanufactured; tobacco refuses from Argentina surged to 127K tons, with an increase of 288% compared with the year before. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports soared to $487M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium75.772.760.721040.5%
China47.454.137.213943.1%
Paraguay27.719.86.153.224.3%
United States14.116.511.442.144.0%
South Korea4.03.33.210.638.4%
Portugal3.95.11.210.237.8%
Brazil2.52.71.66.940.3%
Others11.110.64.514.49.1%
Total18618512648737.8%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Argentina in 2022:

  1. Belgium (56.0K tons)
  2. Paraguay (25.6K tons)
  3. China (20.7K tons)
  4. United States (10.1K tons)
  5. Brazil (6.3K tons)
  6. Portugal (2.5K tons)
  7. South Korea (2.1K tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Argentina

In 2022, the amount of tobacco, unmanufactured; tobacco refuses imported into Argentina declined notably to 1.1K tons, which is down by -53.4% on 2021. Overall, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 6.2% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse imports contracted significantly to $2.6M in 2022. Over the period under review, imports showed a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2.33.94.61.1-21.8%
North Macedonia3.42.61.20.6-43.9%
Mozambique0.44.50.90.57.7%
Brazil2.70.81.20.4-47.1%
India0.7N/A0.1N/A-62.2%
GreeceN/AN/A3.7N/A0%
Others0.20.10.1N/A-29.3%
Total9.611.811.82.6-35.3%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Argentina in 2022:

  1. Brazil (594.9 tons)
  2. Turkey (294.2 tons)
  3. Mozambique (181.4 tons)
  4. North Macedonia (69.1 tons)

Source: IndexBox Market Intelligence Platform

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