Tobacco Refuse Price in the United Arab Emirates - 2021

Contents:

  1. Tobacco Refuse Price in the United Arab Emirates (FOB) - 2022
  2. Tobacco Refuse Price in the United Arab Emirates (CIF) - 2022
  3. Tobacco Refuse Exports in the United Arab Emirates
  4. Tobacco Refuse Imports in the United Arab Emirates

Tobacco Refuse Price in the United Arab Emirates (FOB) - 2022

The average tobacco refuse export price stood at $1,797 per ton in 2022, with a decrease of -27.4% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 162% against the previous year. Over the period under review, the average export prices hit record highs at $5,187 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($2,133 per ton), while the average price for exports to Portugal stood at $1,768 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+45.2%).

Tobacco Refuse Price in the United Arab Emirates (CIF) - 2022

In 2022, the average tobacco refuse import price amounted to $404 per ton, dropping by -3.5% against the previous year. Over the period under review, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 44%. The import price peaked at $775 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($931 per ton), while the price for Zimbabwe ($288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+32.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Tobacco Refuse Exports in the United Arab Emirates

After three years of growth, shipments abroad of tobacco refuses decreased by -14.2% to 412 tons in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 343% against the previous year.

In value terms, tobacco refuse exports dropped rapidly to $740K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 306%. As a result, the exports attained the peak of $1.2M, and then dropped rapidly in the following year.

Export of Tobacco Refuse in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A6720%
South KoreaN/AN/A4.139.4861.0%
Bulgaria6.9N/AN/AN/A0%
KazakhstanN/A18737.1N/A-80.2%
GreeceN/A34.5N/AN/A0%
Cambodia59.019.8N/AN/A-66.4%
SerbiaN/A9.9N/AN/A0%
Indonesia0.10.2527N/A7159.5%
HungaryN/AN/A93.4N/A0%
Others6.941.152729.562.3%
Total73.02931,188740116.4%

Top Export Markets for Tobacco Refuse from the United Arab Emirates in 2022:

  1. Portugal (379.8 tons)
  2. South Korea (18.5 tons)

Tobacco Refuse Imports in the United Arab Emirates

In 2022, imports of tobacco refuses into the United Arab Emirates amounted to 6.9K tons, increasing by 1.6% compared with 2021 figures. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of 7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco refuse imports contracted to $2.8M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year.

Import of Tobacco Refuse in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,1511,0498551,3886.4%
China42836665774020.0%
ZimbabweN/AN/A34.6260651.4%
India194220N/A139-10.5%
GreeceN/A51.2N/A11046.6%
GuatemalaN/A102N/AN/A0%
Poland11548.0N/AN/A-58.3%
ItalyN/A353618N/A75.1%
Others228537675146-13.8%
Total2,1162,7262,8402,7839.6%

Top Suppliers of Tobacco Refuse to the United Arab Emirates in 2022:

  1. Brazil (3.7K tons)
  2. China (1.8K tons)
  3. Zimbabwe (0.9K tons)
  4. Greece (0.1K tons)
  5. India (0.1K tons)

Source: IndexBox Market Intelligence Platform

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