Price for Tobacco, Unmanufactured; Tobacco Refuse in Uganda - 2022
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Uganda (FOB) - 2022
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Uganda (CIF) - 2022
- Exports of Tobacco, Unmanufactured; Tobacco Refuse in Uganda
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in Uganda
Price for Tobacco, Unmanufactured; Tobacco Refuse in Uganda (FOB) - 2022
In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $5,245 per ton, increasing by 37% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, unmanufactured; tobacco refuse export price increased by +117.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 59%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($10,489 per ton), while the average price for exports to Democratic Republic of the Congo ($2,486 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 Egypt (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco, Unmanufactured; Tobacco Refuse in Uganda (CIF) - 2022
The average tobacco, unmanufactured; tobacco refuse import price stood at $1,457 per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 70% against the previous year. As a result, import price attained the peak level of $1,944 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +0.6% per year.
Exports of Tobacco, Unmanufactured; Tobacco Refuse in Uganda
In 2022, the amount of tobacco, unmanufactured; tobacco refuses exported from Uganda contracted markedly to 6.3K tons, which is down by -46.3% compared with 2021 figures. In general, exports showed a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year.
In value terms, tobacco, unmanufactured; tobacco refuse exports contracted sharply to $33M in 2022. Over the period under review, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 164%.
| Export of Tobacco, Unmanufactured; Tobacco Refuse in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 44.8 | 7.5 | 12.1 | 15.3 | -30.1% |
| Egypt | 2.3 | 0.5 | 9.4 | 7.4 | 47.6% |
| Belgium | 9.4 | 0.9 | 7.0 | 5.5 | -16.4% |
| Democratic Republic of the Congo | 3.0 | 3.8 | 3.5 | 2.7 | -3.5% |
| Italy | 0.6 | 1.3 | 0.5 | 0.6 | 0.0% |
| United Arab Emirates | 0.4 | 1.0 | 0.7 | 0.6 | 14.5% |
| Indonesia | N/A | N/A | 1.1 | N/A | 0% |
| Others | 4.9 | 2.1 | 10.6 | 1.1 | -39.2% |
| Total | 65.4 | 17.0 | 44.8 | 33.3 | -20.1% |
Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Uganda in 2022:
- Kenya (3145.2 tons)
- Egypt (1188.1 tons)
- Democratic Republic of the Congo (1098.1 tons)
- Belgium (527.0 tons)
- United Arab Emirates (102.3 tons)
- Italy (94.3 tons)
Imports of Tobacco, Unmanufactured; Tobacco Refuse in Uganda
In 2022, the amount of tobacco, unmanufactured; tobacco refuses imported into Uganda surged to 5K tons, increasing by 91% against the year before. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 96% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, tobacco, unmanufactured; tobacco refuse imports soared to $7.3M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 95% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Tobacco, Unmanufactured; Tobacco Refuse in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 2.4 | 4.6 | 3.8 | 7.3 | 44.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 4.7 | 3.8 | 7.3 | 44.9% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Uganda in 2022:
- Democratic Republic of the Congo (5.0K tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Uganda.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Uganda.
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
