Price for Paper, Cigarette; in the Form of Booklets or Tubes in Sri Lanka - 2022

Contents:

  1. Price for Paper, Cigarette; in the Form of Booklets or Tubes in Sri Lanka (CIF) - 2022
  2. Imports of Paper, Cigarette; in the Form of Booklets or Tubes in Sri Lanka

Price for Paper, Cigarette; in the Form of Booklets or Tubes in Sri Lanka (CIF) - 2022

In 2022, the average import price for paper, cigarette; in the form of booklets or tubeses amounted to $31,157 per ton, rising by 15% against the previous year. In general, the import price posted perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 France ($31,756 per ton), while the price for China ($8,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+766.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Paper, Cigarette; in the Form of Booklets or Tubes in Sri Lanka

In 2022, purchases abroad of paper, cigarette; in the form of booklets or tubeses decreased by -0.2% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 130%. As a result, imports reached the peak of 1.9 tons, leveling off in the following year.

In value terms, imports of paper, cigarette; in the form of booklets or tubeses rose significantly to $60K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 151%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Paper, Cigarette; in the Form of Booklets or Tubes in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A58.20%
Germany13.120.45.41.6-50.4%
PhilippinesN/AN/A46.7N/A0%
Others0.10.4N/AN/A300.0%
Total13.120.852.159.966.0%

Top Suppliers of Paper, Cigarette; in the Form of Booklets or Tubes to Sri Lanka in 2022:

  1. France (1833.0 kg)
  2. Germany (81.0 kg)

Source: IndexBox Market Intelligence Platform

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