Price for Tobacco, Unmanufactured; Tobacco Refuse in Ecuador - 2022
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Ecuador (FOB) - 2022
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Ecuador (CIF) - 2022
- Exports of Tobacco, Unmanufactured; Tobacco Refuse in Ecuador
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in Ecuador
Price for Tobacco, Unmanufactured; Tobacco Refuse in Ecuador (FOB) - 2022
In January 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $18,449 per ton, which is down by -3.7% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2021 when the average export price increased by 49% month-to-month. The export price peaked at $34,193 per ton in August 2021; however, from September 2021 to January 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In January 2022, the country with the highest price was Nicaragua ($22,514 per ton), while the average price for exports to Costa Rica ($7,500 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+0.7%), while the prices for the other major destinations experienced a decline.
Price for Tobacco, Unmanufactured; Tobacco Refuse in Ecuador (CIF) - 2022
In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $4,813 per ton, dropping by -1.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $6,089 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Honduras ($13,728 per ton), while the price for Brazil ($427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco, Unmanufactured; Tobacco Refuse in Ecuador
In 2022, shipments abroad of tobacco, unmanufactured; tobacco refuses was finally on the rise to reach 6.9K tons after two years of decline. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations 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 shrank to $79M in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $85M, and then fell in the following year.
| Export of Tobacco, Unmanufactured; Tobacco Refuse in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 33.7 | 33.9 | 38.0 | 37.1 | 3.3% |
| Nicaragua | 17.0 | 13.4 | 16.6 | 17.7 | 1.4% |
| Germany | 0.5 | 1.9 | 2.8 | 8.5 | 157.1% |
| Indonesia | 3.2 | 2.2 | 3.0 | 2.9 | -3.2% |
| Taiwan (Chinese) | 1.0 | 1.1 | 1.3 | 1.5 | 14.5% |
| Colombia | 4.5 | 2.9 | 2.2 | 1.2 | -35.6% |
| Spain | 1.2 | 1.1 | 1.2 | 1.2 | 0.0% |
| Lithuania | 0.7 | 0.7 | 0.8 | 1.0 | 12.6% |
| Russia | 1.8 | 1.3 | 0.3 | 1.0 | -17.8% |
| Czech Republic | 1.8 | 1.1 | 0.2 | 0.9 | -20.6% |
| Poland | 0.6 | 1.7 | 0.6 | 0.8 | 10.1% |
| Others | 11.3 | 12.5 | 18.5 | 5.7 | -20.4% |
| Total | 77.2 | 73.4 | 85.5 | 79.5 | 1.0% |
Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Ecuador in 2022:
- Dominican Republic (2728.4 tons)
- Nicaragua (1054.7 tons)
- Colombia (518.1 tons)
- Germany (510.3 tons)
- Taiwan (Chinese) (383.3 tons)
- Czech Republic (222.6 tons)
- Russia (217.5 tons)
- Lithuania (217.2 tons)
- Indonesia (195.2 tons)
- Poland (170.3 tons)
- Spain (162.2 tons)
Imports of Tobacco, Unmanufactured; Tobacco Refuse in Ecuador
Tobacco, unmanufactured; tobacco refuse imports into Ecuador contracted remarkably to 24 tons in 2022, with a decrease of -44.6% on 2021. In general, imports saw a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 826%.
In value terms, tobacco, unmanufactured; tobacco refuse imports fell dramatically to $117K in 2022. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 1,012%. As a result, imports reached the peak of $215K, and then declined notably in the following year.
| Import of Tobacco, Unmanufactured; Tobacco Refuse in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 97.0 | 8.9 | 89.7 | 43.4 | -23.5% |
| Argentina | 32.3 | 3.7 | 47.7 | 29.2 | -3.3% |
| United States | 14.5 | 1.8 | 24.1 | 15.7 | 2.7% |
| Colombia | 22.1 | 2.2 | 24.3 | 12.8 | -16.6% |
| Greece | 7.5 | 0.8 | 9.8 | 5.6 | -9.3% |
| North Macedonia | 7.0 | 0.8 | 9.1 | 5.2 | -9.4% |
| Malawi | 6.1 | 0.6 | 6.7 | 3.6 | -16.1% |
| Brazil | 1.8 | 0.2 | 1.5 | 0.7 | -27.0% |
| Others | 2.6 | 0.4 | 2.4 | 1.2 | -22.7% |
| Total | 191 | 19.4 | 215 | 117 | -15.1% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Ecuador in 2022:
- United States (7.9 tons)
- Argentina (5.0 tons)
- Honduras (3.2 tons)
- Colombia (3.2 tons)
- Brazil (1.6 tons)
- North Macedonia (1.3 tons)
- Malawi (0.9 tons)
- Greece (0.6 tons)
508
This report provides an in-depth analysis of the unmanufactured tobacco market in Ecuador.
2564
This report provides an in-depth analysis of the global unmanufactured tobacco market.
508
This report provides an in-depth analysis of the unmanufactured tobacco market in Ecuador.
2564
This report provides an in-depth analysis of the global unmanufactured tobacco market.
906
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
1171
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
2271
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
1438
Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
906
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
