Tobacco Refuse Price in Chile - 2023

Contents:

  1. Tobacco Refuse Price in Chile (CIF) - 2023
  2. Tobacco Refuse Imports in Chile

Tobacco Refuse Price in Chile (CIF) - 2023

The average tobacco refuse import price stood at $1,708 per ton in July 2023, rising by 1.7% against the previous month. Overall, the import price posted a temperate increase. The pace of growth was the most pronounced in September 2022 an increase of 88% month-to-month. Over the period under review, average import prices hit record highs in July 2023.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Zimbabwe ($1,780 per ton), while the price for Brazil amounted to $1,706 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brazil (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Imports in Chile

In 2022, after two years of decline, there was significant growth in supplies from abroad of tobacco refuses, when their volume increased by 111% to 3.4K tons. Over the period under review, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse imports surged to $3.6M in 2022. In general, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco Refuse in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,6231,4471,1622,82420.3%
India14692.710.142642.9%
Argentina12012112721721.8%
Zimbabwe8.79.010.287.8116.1%
United States14.618.123.460.560.6%
Colombia235172126N/A-26.8%
Others10913511414.0-49.5%
Total2,2571,9951,5723,62917.2%

Top Suppliers of Tobacco Refuse to Chile in 2022:

  1. Brazil (2732.5 tons)
  2. India (335.6 tons)
  3. Argentina (137.8 tons)
  4. Zimbabwe (78.6 tons)
  5. United States (57.6 tons)

Source: IndexBox Market Intelligence Platform

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