Price for Tobacco, (Not Stemmed or Stripped) in Israel - 2022

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Israel (FOB) - 2022
  2. Price for Tobacco, (Not Stemmed or Stripped) in Israel (CIF) - 2022
  3. Exports of Tobacco, (Not Stemmed or Stripped) in Israel
  4. Imports of Tobacco, (Not Stemmed or Stripped) in Israel

Price for Tobacco, (Not Stemmed or Stripped) in Israel (FOB) - 2022

The average export price for tobacco, (not stemmed or stripped)s stood at $5,650 per ton in 2021, surging by 4% against the previous year. Over the period under review, the export price continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2014 an increase of 28%. The export price peaked at $5,988 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Malta.

From 2013 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -0.8% per year.

Price for Tobacco, (Not Stemmed or Stripped) in Israel (CIF) - 2022

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $6,813 per ton, picking up by 1.8% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, (not stemmed or stripped) import price decreased by -6.3% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 28%. As a result, import price reached the peak level of $7,267 per ton. From 2020 to 2022, the average import prices remained at a 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 India ($8,975 per ton), while the price for Greece ($3,965 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tobacco, (Not Stemmed or Stripped) in Israel

In 2021, approx. 177 kg of tobacco, (not stemmed or stripped)s were exported from Israel; reducing by -3.8% against the previous year. In general, exports saw a pronounced shrinkage.

In value terms, tobacco, (not stemmed or stripped) exports totaled $1K in 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Export of Tobacco, (Not Stemmed or Stripped) in Israel (USD)
COUNTRY20202021CAGR,
2020-2021
MaltaN/A1,0000%
Netherlands990N/A0%
Others10.0N/A0%
Total1,0001,0000.0%

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Israel in 2022:

  1. Malta (177.0 kg)

Imports of Tobacco, (Not Stemmed or Stripped) in Israel

In 2022, after three years of growth, there was significant decline in purchases abroad of tobacco, (not stemmed or stripped)s, when their volume decreased by -8.3% to 132 tons. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year.

In value terms, tobacco, (not stemmed or stripped) imports shrank to $900K in 2022. The total import value increased at an average annual rate of +8.4% 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 18%.

Import of Tobacco, (Not Stemmed or Stripped) in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria2123592432688.1%
India19233.630826311.1%
Greece53.748.834.635.7-12.7%
United Kingdom9.613.013.721.130.0%
MalawiN/AN/A95.7N/A0%
Others2393812703129.3%
Total7078359649008.4%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Israel in 2022:

  1. Bulgaria (45.1 tons)
  2. India (29.3 tons)
  3. Greece (9.0 tons)
  4. United Kingdom (2.8 tons)

Source: IndexBox Market Intelligence Platform

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