Tobacco Refuse Price in Canada - 2023
Contents:
- Tobacco Refuse Price in Canada (CIF) - 2022
- Tobacco Refuse Price in Canada (FOB) - 2022
- Tobacco Refuse Imports in Canada
- Tobacco Refuse Exports in Canada
Tobacco Refuse Price in Canada (CIF) - 2022
In 2022, the average tobacco refuse import price amounted to $816 per ton, surging by 1.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $934 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Zimbabwe ($833 per ton), while the price for Brazil ($813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+14.4%), while the prices for the other major suppliers experienced a decline.
Tobacco Refuse Price in Canada (FOB) - 2022
The average tobacco refuse export price stood at $920 per ton in 2022, with an increase of 56% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $930 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.5% per year.
Tobacco Refuse Imports in Canada
In 2022, tobacco refuse imports into Canada expanded notably to 1.5K tons, picking up by 14% on 2021 figures. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tobacco refuse imports surged to $1.2M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tobacco Refuse in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 68.0 | 143 | 979 | 279.4% |
| United States | 437 | 480 | 657 | 167 | -27.4% |
| Zimbabwe | N/A | N/A | 231 | 52.8 | -77.1% |
| Others | 1.4 | 0.9 | 2.0 | 0.9 | -13.7% |
| Total | 439 | 548 | 1,033 | 1,200 | 39.8% |
Top Suppliers of Tobacco Refuse to Canada in 2022:
- Brazil (1203.8 tons)
- United States (202.1 tons)
- Zimbabwe (63.4 tons)
Tobacco Refuse Exports in Canada
In 2022, the amount of tobacco refuses exported from Canada shrank markedly to 438 tons, which is down by -28.2% on the previous year. Overall, total exports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of 610 tons, and then declined remarkably in the following year.
In value terms, tobacco refuse exports expanded significantly to $403K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 93%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Tobacco Refuse in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 78.4 | 86.7 | 323 | 403 | 72.6% |
| Russia | 11.6 | 10.9 | 25.1 | N/A | 47.1% |
| Germany | 96.2 | 82.3 | N/A | N/A | -14.4% |
| Others | 23.0 | 7.2 | 11.7 | N/A | -28.7% |
| Total | 209 | 187 | 360 | 403 | 24.5% |
Top Export Markets for Tobacco Refuse from Canada in 2022:
- United States (438.2 tons)
589
This report provides an in-depth analysis of the unmanufactured tobacco market in Canada.
2604
This report provides an in-depth analysis of the global unmanufactured tobacco market.
589
This report provides an in-depth analysis of the unmanufactured tobacco market in Canada.
2604
This report provides an in-depth analysis of the global unmanufactured tobacco market.
930
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
1188
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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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
930
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
