Tobacco Refuse Price in Angola - 2022

Contents:

  1. Tobacco Refuse Price in Angola (CIF) - 2022
  2. Tobacco Refuse Imports in Angola

Tobacco Refuse Price in Angola (CIF) - 2022

In 2022, the average tobacco refuse import price amounted to $388 per ton, which is down by -3% against the previous year. Overall, the import price showed a noticeable setback. The growth pace was the most rapid in 2020 when the average import price increased by 5.8%. Over the period under review, average import prices hit record highs at $565 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($404 per ton), while the price for Zimbabwe amounted to $319 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (-0.3%).

Tobacco Refuse Imports in Angola

In 2022, approx. 139 tons of tobacco refuses were imported into Angola; jumping by 17% on 2021. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 33%. As a result, imports reached the peak of 158 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, tobacco refuse imports reached $54K in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 41%. As a result, imports attained the peak of $60K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Tobacco Refuse in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil22.440.432.843.124.4%
Zimbabwe19.718.914.610.2-19.7%
Others0.50.70.10.50.0%
Total42.660.047.553.88.1%

Top Suppliers of Tobacco Refuse to Angola in 2022:

  1. Brazil (106.5 tons)
  2. Zimbabwe (32.0 tons)

Source: IndexBox Market Intelligence Platform

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