Tobacco Refuse Price in Venezuela - 2022
Contents:
Tobacco Refuse Price in Venezuela (CIF) - 2022
In 2022, the average tobacco refuse import price amounted to $293 per ton, picking up by 9.7% against the previous year. Overall, the import price, however, showed a abrupt downturn. Over the period under review, average import prices hit record highs at $690 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($1,298 per ton), while the price for the Czech Republic ($20 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced a decline.
Tobacco Refuse Imports in Venezuela
In 2022, after two years of decline, there was significant growth in purchases abroad of tobacco refuses, when their volume increased by 17% to 6.4K tons. Overall, imports, however, showed a abrupt slump.
In value terms, tobacco refuse imports surged to $1.9M in 2022. Over the period under review, imports, however, showed a abrupt contraction.
| Import of Tobacco Refuse in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,038 | 1,909 | 1,180 | 1,671 | -6.4% |
| Portugal | 111 | 118 | 120 | 99.2 | -3.7% |
| Colombia | 202 | 132 | 50.1 | 19.3 | -54.3% |
| Czech Republic | 10.4 | 8.2 | 6.2 | 3.8 | -28.5% |
| Others | 213 | 108 | 97.8 | 71.9 | -30.4% |
| Total | 2,574 | 2,276 | 1,454 | 1,865 | -10.2% |
Top Suppliers of Tobacco Refuse to Venezuela in 2022:
- Brazil (5.2K tons)
- Portugal (0.8K tons)
- Czech Republic (0.2K tons)
- Colombia (0.1K tons)
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