Tobacco Refuse Price in Kenya - 2021
Contents:
- Tobacco Refuse Price in Kenya (CIF) - 2022
- Tobacco Refuse Price in Kenya (FOB) - 2022
- Tobacco Refuse Imports in Kenya
- Tobacco Refuse Exports in Kenya
Tobacco Refuse Price in Kenya (CIF) - 2022
The average tobacco refuse import price stood at $377 per ton in 2022, declining by -22.8% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 86% against the previous year. As a result, import price attained the peak level of $1,831 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uganda ($6,817 per ton), while the price for Tanzania ($281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+30.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Tobacco Refuse Price in Kenya (FOB) - 2022
The average tobacco refuse export price stood at $428 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 35%. As a result, the export price attained the peak level of $1,228 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($729 per ton), while the average price for exports to South Korea ($198 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 Sudan (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Refuse Imports in Kenya
For the fourth consecutive year, Kenya recorded growth in purchases abroad of tobacco refuses, which increased by 14% to 1.2K tons in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 427%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, tobacco refuse imports shrank to $459K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 227%.
| Import of Tobacco Refuse in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 49.5 | 121 | 193 | 278 | 77.8% |
| Zimbabwe | 15.3 | 54.9 | 192 | 111 | 93.6% |
| Tanzania | 27.9 | 185 | 113 | 40.0 | 12.8% |
| Others | 27.9 | 34.4 | 24.1 | 30.0 | 2.4% |
| Total | 121 | 395 | 523 | 459 | 56.0% |
Top Suppliers of Tobacco Refuse to Kenya in 2022:
- Brazil (950.7 tons)
- Tanzania (142.5 tons)
- Zimbabwe (108.1 tons)
Tobacco Refuse Exports in Kenya
In 2022, after three years of growth, there was significant decline in shipments abroad of tobacco refuses, when their volume decreased by -17.1% to 934 tons. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52%. As a result, the exports reached the peak of 1.1K tons, and then shrank significantly in the following year.
In value terms, tobacco refuse exports contracted markedly to $399K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +35.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of $489K, and then dropped markedly in the following year.
| Export of Tobacco Refuse in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 90.9 | 123 | 187 | 182 | 26.0% |
| South Korea | 37.3 | 50.6 | 76.6 | 74.5 | 25.9% |
| Sudan | 28.1 | 40.1 | 58.7 | 47.8 | 19.4% |
| France | 21.1 | 6.5 | 27.0 | 22.0 | 1.4% |
| United Kingdom | 8.7 | 11.7 | 17.8 | 17.3 | 25.8% |
| Egypt | 28.1 | 19.7 | 20.1 | 2.0 | -58.6% |
| Others | 80.0 | 57.7 | 102 | 53.9 | -12.3% |
| Total | 294 | 310 | 489 | 399 | 10.7% |
Top Export Markets for Tobacco Refuse from Kenya in 2022:
- South Korea (376.5 tons)
- Belgium (270.4 tons)
- Sudan (155.8 tons)
- France (35.2 tons)
- United Kingdom (28.5 tons)
- Egypt (3.0 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Kenya.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Kenya.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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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
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
