Price for Tobacco, Unmanufactured; Tobacco Refuse in Saudi Arabia - 2021

Contents:

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

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

In 2021, the average tobacco, unmanufactured; tobacco refuse import price amounted to $3,252 per ton, remaining constant against the previous year. In general, the import price recorded a noticeable increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 29%. The import price peaked at $3,334 per ton in 2016; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($7,001 per ton), while the price for Oman ($2,495 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average tobacco, unmanufactured; tobacco refuse export price amounted to $3,168 per ton, which is down by -8.8% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 128% against the previous year. Over the period under review, the average export prices attained the maximum at $6,001 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Jordan ($12,401 per ton), while the average price for exports to the United Arab Emirates ($1,401 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+96.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Saudi Arabia

In 2022, after two years of decline, there was significant decline in overseas purchases of tobacco, unmanufactured; tobacco refuses, when their volume decreased by -50% to 704 tons. Overall, imports saw a dramatic slump.

In value terms, tobacco, unmanufactured; tobacco refuse imports fell remarkably to $2.3M in 2022. In general, imports saw a dramatic slump.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
India2.90.73.36.7%
JordanN/AN/A0.80%
Oman0.40.20.622.5%
Poland1.30.8N/A-38.5%
Others0.7-1.6N/A-328.6%
Total5.4N/A4.6-7.7%

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

  1. India (1119.3 tons)
  2. Oman (230.4 tons)
  3. Jordan (107.1 tons)
  4. Poland (8.4 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Saudi Arabia

After three years of growth, shipments abroad of tobacco, unmanufactured; tobacco refuses decreased by -32.9% to 129 tons in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 408% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse exports fell rapidly to $407K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 347% against the previous year.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
IndiaN/A19.2170785.4%
JordanN/A1.61599837.5%
IraqN/A90.315167.2%
United Arab Emirates2.913.4103496.0%
KuwaitN/AN/A26.70%
Oman2.16.0N/A185.7%
Egypt26.067.2N/A158.5%
Others14.65.9N/A-59.6%
Total45.6204611266.0%

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

  1. United Arab Emirates (73.7 tons)
  2. India (53.3 tons)
  3. Iraq (45.4 tons)
  4. Jordan (12.8 tons)
  5. Kuwait (7.5 tons)

Source: IndexBox Market Intelligence Platform

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