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

Contents:

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

Price for Tobacco, Unmanufactured; Tobacco Refuse in Pakistan (CIF) - 2023

In February 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $1,793 per ton, growing by 711% against the previous month. In general, the import price, however, recorded a noticeable contraction. Over the period under review, average import prices hit record highs at $6,284 per ton in November 2022; however, from December 2022 to February 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($9,436 per ton), while the price for Afghanistan ($227 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by South Africa (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $2,299 per ton in February 2023, which is down by -11.3% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 97% m-o-m. As a result, the export price attained the peak level of $3,735 per ton. From July 2022 to February 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($3,254 per ton), while the average price for exports to Indonesia ($1,411 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Pakistan

In 2022, approx. 10K tons of tobacco, unmanufactured; tobacco refuses were imported into Pakistan; with an increase of 17% compared with the year before. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 398% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse imports expanded sharply to $31M in 2022. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 210% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil13.65.813.514.72.6%
Bangladesh5.70.26.57.07.1%
ZimbabweN/A0.33.43.7251.2%
Bulgaria2.80.51.92.0-10.6%
Philippines1.21.31.51.712.3%
United Arab Emirates0.51.10.80.921.6%
Afghanistan0.20.10.50.535.7%
Others0.7N/A0.70.2-34.1%
Total24.69.328.730.77.7%

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

  1. Brazil (5.1K tons)
  2. Bangladesh (2.8K tons)
  3. Afghanistan (0.8K tons)
  4. Zimbabwe (0.5K tons)
  5. Bulgaria (0.5K tons)
  6. United Arab Emirates (0.4K tons)
  7. Philippines (0.2K tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Pakistan

In 2022, tobacco, unmanufactured; tobacco refuse exports from Pakistan soared to 28K tons, with an increase of 237% against 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports skyrocketed to $71M in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.77.25.619.192.0%
Indonesia0.17.32.811.3383.5%
United Arab Emirates5.32.91.210.626.0%
PhilippinesN/A2.82.38.069.0%
Italy0.20.52.37.9240.6%
Bulgaria0.81.12.27.8113.6%
Ukraine0.21.31.34.6184.4%
Others1.81.23.21.3-10.3%
Total10.924.320.970.786.5%

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

  1. Belgium (6.2K tons)
  2. Italy (4.2K tons)
  3. United Arab Emirates (4.1K tons)
  4. Indonesia (4.1K tons)
  5. Bulgaria (3.7K tons)
  6. Philippines (2.6K tons)
  7. Ukraine (2.3K tons)

Source: IndexBox Market Intelligence Platform

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