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

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $6,858 per ton in 2022, rising by 23% against the previous year. In general, the import price showed a prominent increase. The pace of growth was the most pronounced in 2015 an increase of 120%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($8,639 per ton), while the price for Iran ($1,494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $7,330 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price saw significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 97% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

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 the United Arab Emirates ($9,000 per ton), while the average price for exports to Azerbaijan totaled $5,354 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+22.3%).

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Iraq

In 2022, purchases abroad of tobacco, unmanufactured; tobacco refuses decreased by -0.5% to 1.1K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports reached the peak of 1.1K tons; afterwards, it flattened through to 2022.

In value terms, tobacco, unmanufactured; tobacco refuse imports surged to $7.2M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Iraq (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	3.7	4.3	2.8	4.9	9.8%
Croatia	N/A	0.2	1.3	1.5	173.9%
Poland	N/A	N/A	0.3	0.3	0.0%
Iran	0.3	0.2	0.2	0.2	-12.6%
Jordan	N/A	1.2	1.0	0.2	-59.2%
Saudi Arabia	N/A	0.2	0.2	N/A	0.0%
Others	0.1	0.1	0.1	0.1	0.0%
Total	4.1	6.0	5.9	7.2	20.6%

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

United Arab Emirates (656.1 tons)
Croatia (174.6 tons)
Iran (141.4 tons)
Poland (37.6 tons)
Jordan (28.9 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Iraq

In 2022, overseas shipments of tobacco, unmanufactured; tobacco refuses decreased by -33.2% to 27 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 43%. As a result, the exports reached the peak of 40 tons, and then fell notably in the following year.

In value terms, tobacco, unmanufactured; tobacco refuse exports dropped markedly to $144K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 105%. As a result, the exports attained the peak of $213K, and then contracted remarkably in the following year.