Tobacco Refuse Price in Indonesia - 2022

Contents:

  1. Tobacco Refuse Price in Indonesia (CIF) - 2022
  2. Tobacco Refuse Price in Indonesia (FOB) - 2022
  3. Tobacco Refuse Imports in Indonesia
  4. Tobacco Refuse Exports in Indonesia

Tobacco Refuse Price in Indonesia (CIF) - 2022

In 2022, the average tobacco refuse import price amounted to $1,024 per ton, rising by 4.7% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco refuse import price increased by +48.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 42% against the previous year. The import price peaked at $1,143 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($1,204 per ton), while the price for India ($786 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in Indonesia (FOB) - 2022

The average tobacco refuse export price stood at $9,204 per ton in 2022, rising by 32% against the previous year. Overall, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2021 an increase of 454%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($27,555 per ton), while the average price for exports to Belgium ($1,625 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 China (+53.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Imports in Indonesia

In 2022, overseas purchases of tobacco refuses increased by 79% to 19K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse imports skyrocketed to $19M in 2022. Over the period under review, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco Refuse in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.32.95.39.910.7%
Zimbabwe1.32.21.53.235.0%
South Africa0.31.00.71.258.7%
Brazil0.30.50.51.049.4%
India0.30.20.40.732.6%
Pakistan0.8N/AN/A0.5-14.5%
TanzaniaN/A0.10.30.5123.6%
Philippines0.6N/AN/A0.4-12.6%
Others1.00.81.61.719.3%
Total11.97.810.219.117.1%

Top Suppliers of Tobacco Refuse to Indonesia in 2022:

  1. China (10.3K tons)
  2. Zimbabwe (2.7K tons)
  3. South Africa (1.2K tons)
  4. India (0.9K tons)
  5. Brazil (0.8K tons)
  6. Philippines (0.5K tons)
  7. Tanzania (0.5K tons)
  8. Pakistan (0.3K tons)

Tobacco Refuse Exports in Indonesia

In 2022, approx. 523 tons of tobacco refuses were exported from Indonesia; waning by -36.3% on the previous year's figure. Overall, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 177% against the previous year.

In value terms, tobacco refuse exports dropped sharply to $4.8M in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,433% against the previous year. As a result, the exports attained the peak of $5.7M, and then dropped sharply in the following year.

Export of Tobacco Refuse in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,30770.89722,18818.7%
United States15142.07691,729125.4%
Dominican Republic50.34.1223501115.2%
Malaysia26110667.3249-1.6%
Belgium46.354.838.185.822.8%
Egypt25.024.727.060.734.4%
South Africa55.3N/A8.7N/A-60.3%
NetherlandsN/A43.139.8N/A-7.7%
Others11928.33,5880.7-81.9%
Total2,0143745,7324,81433.7%

Top Export Markets for Tobacco Refuse from Indonesia in 2022:

  1. Vietnam (193.3 tons)
  2. Dominican Republic (108.9 tons)
  3. Malaysia (69.0 tons)
  4. United States (62.8 tons)
  5. Belgium (52.8 tons)
  6. Egypt (36.2 tons)

Source: IndexBox Market Intelligence Platform

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