Tobacco Refuse Price in Brazil - 2023
Contents:
- Tobacco Refuse Price in Brazil (FOB) - 2023
- Tobacco Refuse Price in Brazil (CIF) - 2023
- Tobacco Refuse Exports in Brazil
- Tobacco Refuse Imports in Brazil
Tobacco Refuse Price in Brazil (FOB) - 2023
In August 2023, the average tobacco refuse export price amounted to $454 per ton, waning by -28% against the previous month. Over the period under review, the export price recorded a mild descent. The most prominent rate of growth was recorded in May 2023 an increase of 36% m-o-m. The export price peaked at $737 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($1,096 per ton), while the average price for exports to Serbia ($98.0 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Refuse Price in Brazil (CIF) - 2023
The average tobacco refuse import price stood at $670 per ton in August 2023, remaining constant against the previous month. Overall, the import price enjoyed a mild increase. The most prominent rate of growth was recorded in December 2022 an increase of 164% m-o-m. Over the period under review, average import prices attained the maximum at $999 per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From August 2022 to August 2023, the rate of growth in terms of prices for Turkey amounted to +78.8% per month.
Tobacco Refuse Exports in Brazil
In 2022, after two years of decline, there was significant growth in overseas shipments of tobacco refuses, when their volume increased by 30% to 132K tons. Overall, exports, however, saw a noticeable slump.
In value terms, tobacco refuse exports surged to $59M in 2022. In general, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tobacco Refuse in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 15.0 | 9.4 | 8.4 | 16.2 | 2.6% |
| Turkey | 0.9 | 1.6 | 1.7 | 5.3 | 80.6% |
| United States | 6.5 | 3.4 | 3.1 | 4.5 | -11.5% |
| Poland | 1.3 | 2.3 | 1.1 | 2.8 | 29.1% |
| Venezuela | 2.3 | 2.2 | 1.4 | 2.6 | 4.2% |
| Paraguay | 3.6 | 2.0 | 2.9 | 2.5 | -11.4% |
| Germany | 1.3 | 2.0 | 0.3 | 1.7 | 9.4% |
| Russia | 4.1 | 2.1 | 2.1 | 1.2 | -33.6% |
| Nigeria | 0.7 | 0.9 | 0.8 | 1.2 | 19.7% |
| Canada | N/A | 0.1 | N/A | 1.1 | 231.7% |
| South Korea | 0.7 | 1.1 | 0.8 | 1.0 | 12.6% |
| Cote d'Ivoire | 0.6 | N/A | 0.1 | 0.8 | 10.1% |
| France | 0.5 | 0.4 | 0.5 | 0.7 | 11.9% |
| Others | 15.5 | 13.7 | 16.3 | 17.7 | 4.5% |
| Total | 53.2 | 41.3 | 39.7 | 59.2 | 3.6% |
Top Export Markets for Tobacco Refuse from Brazil in 2022:
- Belgium (38.1K tons)
- United States (8.8K tons)
- Poland (8.2K tons)
- Turkey (7.7K tons)
- Germany (6.5K tons)
- Venezuela (5.3K tons)
- Cote d'Ivoire (4.1K tons)
- France (4.0K tons)
- Russia (3.9K tons)
- Nigeria (3.7K tons)
- Paraguay (3.2K tons)
- South Korea (2.3K tons)
- Canada (2.1K tons)
Tobacco Refuse Imports in Brazil
Tobacco refuse imports into Brazil surged to 1.7K tons in 2022, jumping by 75% compared with the year before. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 299% against the previous year. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, tobacco refuse imports declined to $919K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 65% against the previous year.
| Import of Tobacco Refuse in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 415 | 0% |
| Argentina | 42.0 | 375 | 45.2 | 306 | 93.9% |
| Paraguay | 9.7 | 123 | 921 | 163 | 156.1% |
| Mexico | N/A | 330 | N/A | 35.9 | -67.0% |
| Colombia | 148 | N/A | N/A | N/A | 0% |
| United States | 237 | N/A | 3.4 | N/A | -88.0% |
| Others | 66.9 | 3.1 | N/A | N/A | -95.4% |
| Total | 504 | 832 | 969 | 919 | 22.2% |
Top Suppliers of Tobacco Refuse to Brazil in 2022:
- Argentina (1115.8 tons)
- China (433.6 tons)
- Paraguay (147.2 tons)
- Mexico (38.4 tons)
798
This report provides an in-depth analysis of the unmanufactured tobacco market in Brazil.
2694
This report provides an in-depth analysis of the global unmanufactured tobacco market.
798
This report provides an in-depth analysis of the unmanufactured tobacco market in Brazil.
2694
This report provides an in-depth analysis of the global unmanufactured tobacco market.
959
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
1214
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
2318
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
1470
Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
959
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
