Tobacco Refuse Price in Tanzania - 2022

Contents:

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

Tobacco Refuse Price in Tanzania (FOB) - 2022

The average tobacco refuse export price stood at $468 per ton in 2022, dropping by -28% against the previous year. Overall, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2014 an increase of 17% against the previous year. As a result, the export price attained the peak level of $934 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($2,983 per ton), while the average price for exports to Kenya ($124 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 South Korea (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Price in Tanzania (CIF) - 2022

In 2022, the average tobacco refuse import price amounted to $51,000 per ton, rising by 1,865% against the previous year. Over the period under review, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +6.7% per year.

Tobacco Refuse Exports in Tanzania

In 2022, tobacco refuse exports from Tanzania soared to 17K tons, increasing by 112% on the previous year's figure. Overall, exports saw a notable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse exports skyrocketed to $8.1M in 2022. Over the period under review, exports, however, continue to indicate a deep reduction.

Export of Tobacco Refuse in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,3533666414,49949.3%
Poland75234756.91,53226.8%
South Korea19724.84101,02873.5%
Egypt25.821.8103434156.2%
Jordan50.859.029328377.3%
Germany25316811.195.9-27.6%
France36932.773.060.2-45.4%
Kenya9.919.910457.279.4%
Morocco11524.150.237.3-31.3%
Lithuania456154517N/A6.5%
Japan35070.4116N/A-42.4%
Turkey1,51031088.9N/A-75.7%
Ukraine568116172N/A-45.0%
Others5,1421,8802,65752.0-78.4%
Total11,1533,5935,2948,079-10.2%

Top Export Markets for Tobacco Refuse from Tanzania in 2022:

  1. Belgium (12.7K tons)
  2. Poland (2.2K tons)
  3. Egypt (0.5K tons)
  4. Jordan (0.5K tons)
  5. Kenya (0.5K tons)
  6. South Korea (0.3K tons)
  7. France (0.2K tons)
  8. Morocco (0.1K tons)
  9. Germany (0.1K tons)

Tobacco Refuse Imports in Tanzania

In 2022, approx. 2 kg of tobacco refuses were imported into Tanzania; which is down by -99.7% compared with the previous year. In general, imports showed a sharp descent. The smallest decline of -4.9% was in 2020.

In value terms, tobacco refuse imports contracted dramatically to $102 in 2022. Overall, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6% against the previous year. As a result, imports attained the peak of $2K, and then reduced dramatically in the following year.

Import of Tobacco Refuse in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A0.10%
United Arab Emirates1.71.92.0N/A8.5%
OthersN/AN/AN/AN/A0%
Total1.71.92.00.1-61.1%

Top Suppliers of Tobacco Refuse to Tanzania in 2022:

  1. Nigeria (2.0 kg)

Source: IndexBox Market Intelligence Platform

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