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

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan (FOB) - 2023
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan (CIF) - 2022
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan

Price for Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan (FOB) - 2023

The average tobacco, unmanufactured; tobacco refuse export price stood at $2,923 per ton in July 2023, rising by 51% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 66% against the previous month. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Greece ($4,300 per ton), while the average price for exports to Russia ($2,299 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $3,337 per ton in 2022, surging by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 232%. Over the period under review, average import prices attained the maximum at $3,972 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($5,805 per ton), while the price for Iran ($1,150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan

In 2022, approx. 6.8K tons of tobacco, unmanufactured; tobacco refuses were exported from Azerbaijan; rising by 31% on the previous year. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 surged to $20M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +69.4% against 2020 indices. 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 Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus6.97.810.512.622.2%
Russia5.23.42.76.89.4%
TurkeyN/AN/A0.10.6500.0%
Ukraine0.50.30.3N/A-22.5%
Others0.80.40.40.2-37.0%
Total13.411.914.020.114.5%

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

  1. Russia (3.3K tons)
  2. Belarus (3.2K tons)
  3. Turkey (0.2K tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan

After two years of decline, overseas purchases of tobacco, unmanufactured; tobacco refuses increased by 68% to 1.7K tons in 2022. In general, imports, however, showed a abrupt slump.

In value terms, tobacco, unmanufactured; tobacco refuse imports soared to $5.8M in 2022. Overall, imports, however, continue to indicate a deep setback.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,7591,8484371,224-11.4%
Zimbabwe1,2031,152285985-6.4%
Iran851398568722-5.3%
Malawi27421112958128.5%
Tanzania542517242470-4.6%
Italy328N/A85.946712.5%
Thailand91.4180N/A33153.6%
Bulgaria275324137238-4.7%
North Macedonia17136113523511.2%
Bangladesh340274201172-20.3%
India11563.41811222.0%
Argentina99.352.063.81227.1%
Lebanon375N/AN/A48.2-49.5%
Others1,086906439103-54.4%
Total7,5106,2882,9035,820-8.1%

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

  1. Iran (627.8 tons)
  2. Brazil (227.7 tons)
  3. Zimbabwe (198.0 tons)
  4. Malawi (142.6 tons)
  5. Tanzania (99.0 tons)
  6. Italy (99.0 tons)
  7. Bulgaria (64.8 tons)
  8. North Macedonia (58.2 tons)
  9. Thailand (57.4 tons)
  10. India (42.6 tons)
  11. Argentina (39.6 tons)
  12. Bangladesh (29.7 tons)
  13. Lebanon (16.9 tons)

Source: IndexBox Market Intelligence Platform

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