Price for Tobacco, Unmanufactured; Tobacco Refuse in Costa Rica - 2022

Contents:

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

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $12,722 per ton in 2022, surging by 27% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 131%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nicaragua ($48,600 per ton), while the price for Mozambique ($1,758 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $2,000 per ton, which is down by -50.5% against the previous year. Over the period under review, the export price faced a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 80%. As a result, the export price attained the peak level of $9,567 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($8,060 per ton), while the average price for exports to Bahamas ($1,759 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 Nicaragua (+3.3%), while the prices for the other major destinations experienced a decline.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Costa Rica

In 2022, approx. 121 tons of tobacco, unmanufactured; tobacco refuses were imported into Costa Rica; dropping by -10.3% compared with the previous year. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse imports surged to $1.6M in 2022. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 151%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina36517342551211.9%
Mexico15375.319224116.4%
Guatemala66.334.492.612222.5%
Colombia71.735.691.411517.1%
Dominican Republic44.320.230.510332.5%
Nicaragua43.615.151.996.830.5%
Switzerland71.533.380.495.210.0%
Ecuador51.017.570.950.5-0.3%
Cuba12856.212845.5-29.2%
Poland44.918.740.442.8-1.6%
Brazil40.914.526.724.1-16.2%
Mozambique10.44.610.311.53.4%
Others13839.0110128-2.5%
Total1,2285371,3501,5888.9%

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

  1. Argentina (53.4 tons)
  2. Guatemala (18.7 tons)
  3. Mexico (16.0 tons)
  4. Mozambique (6.5 tons)
  5. Switzerland (4.3 tons)
  6. Colombia (4.0 tons)
  7. Dominican Republic (3.5 tons)
  8. Brazil (2.6 tons)
  9. Poland (2.2 tons)
  10. Nicaragua (2.0 tons)
  11. Ecuador (1.6 tons)
  12. Cuba (1.1 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Costa Rica

For the third year in a row, Costa Rica recorded decline in shipments abroad of tobacco, unmanufactured; tobacco refuses, which decreased by -87.3% to 2.8 tons in 2022. Over the period under review, exports saw a precipitous decrease. The smallest decline of -46.7% was in 2020.

In value terms, tobacco, unmanufactured; tobacco refuse exports shrank rapidly to $13K in 2022. Overall, exports saw a significant contraction. The smallest decline of -43.3% was in 2020.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic16223753.110.8-59.5%
Honduras38.245.28.21.3-67.6%
Nicaragua43.173.823.90.7-74.7%
Bahamas8.810.72.00.3-67.6%
Argentina340N/AN/AN/A0%
Brazil58.0N/AN/AN/A0%
Others3.14.00.80.1-68.2%
Total65437188.013.3-72.7%

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

  1. Dominican Republic (2066.0 kg)
  2. Nicaragua (336.0 kg)
  3. Bahamas (191.0 kg)
  4. Honduras (167.0 kg)

Source: IndexBox Market Intelligence Platform

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