Price for Tobacco, Unmanufactured; Tobacco Refuse in Bangladesh - 2022

Contents:

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

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $3,747 per ton in 2022, with an increase of 16% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $4,104 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($5,848 per ton), while the average price for exports to Kenya ($769 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 Philippines (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $5,185 per ton in 2022, with an increase of 10% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23%. The import price peaked at $5,557 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($6,070 per ton), while the price for India ($1,271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Bangladesh

In 2022, after three years of growth, there was significant decline in overseas shipments of tobacco, unmanufactured; tobacco refuses, when their volume decreased by -8.7% to 28K tons. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 31K tons, and then shrank in the following year.

In value terms, tobacco, unmanufactured; tobacco refuse exports contracted to $104M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of $106M, and then shrank modestly in the following year.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.42.36.221.584.9%
Germany3.44.76.48.937.8%
Poland7.85.97.48.63.3%
Netherlands14.610.010.68.2-17.5%
Philippines2.20.813.78.053.8%
Turkey10.615.85.97.6-10.5%
Belgium3.12.45.96.528.0%
Dominican Republic0.81.76.04.983.0%
United States6.57.54.04.3-12.9%
Pakistan5.80.26.63.5-15.5%
KenyaN/A0.1N/A3.0447.7%
GreeceN/AN/A2.22.618.2%
Indonesia4.82.33.31.9-26.6%
Others27.933.627.914.6-19.4%
Total90.987.41061044.6%

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

  1. United Arab Emirates (5.3K tons)
  2. Kenya (3.9K tons)
  3. Turkey (2.6K tons)
  4. Germany (2.1K tons)
  5. Philippines (1.9K tons)
  6. Poland (1.9K tons)
  7. Netherlands (1.4K tons)
  8. Belgium (1.4K tons)
  9. United States (1.2K tons)
  10. Dominican Republic (1.2K tons)
  11. Pakistan (0.9K tons)
  12. Greece (0.6K tons)
  13. Indonesia (0.6K tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Bangladesh

In 2022, approx. 901 tons of tobacco, unmanufactured; tobacco refuses were imported into Bangladesh; with a decrease of -28.5% compared with the previous year. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse imports dropped rapidly to $4.1M in 2022. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4.22.94.03.3-7.7%
Philippines0.90.61.50.5-17.8%
India0.70.10.10.2-34.1%
IndonesiaN/A0.10.1N/A0.0%
Netherlands1.5N/AN/AN/A0%
Others0.20.20.30.1-20.6%
Total7.64.05.94.1-18.6%

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

  1. Brazil (594.5 tons)
  2. India (193.8 tons)
  3. Philippines (84.7 tons)
  4. Indonesia (6.7 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco, unmanufactured; tobacco refuse - Bangladesh