Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Africa - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Africa (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Africa (FOB) - 2023
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in South Africa
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in South Africa
Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Africa (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $4,512 per ton, leveling off at the previous year. In general, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 8.7%. The import price peaked at $6,143 per ton in 2014; however, from 2015 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 Brazil ($11,165 per ton), while the price for China ($2,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in South Africa (FOB) - 2023
The average export price for tobacco; partly or wholly stemmed or stripped stood at $8,873 per ton in November 2023, with an increase of 12% against the previous month. Over the last eleven months, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in September 2023 when the average export price increased by 45% m-o-m. As a result, the export price attained the peak level of $9,572 per ton. From October 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lesotho ($18,287 per ton), while the average price for exports to South Korea ($7,637 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in South Africa
In 2022, the amount of tobacco; partly or wholly stemmed or stripped imported into South Africa fell to 7.8K tons, declining by -6.2% compared with 2021 figures. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1.9% against the previous year.
In value terms, imports of tobacco; partly or wholly stemmed or stripped dropped to $35M in 2022. Overall, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 0.7%.
Import of Tobacco; Partly or Wholly Stemmed or Stripped in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 35.4 | 21.1 | 27.8 | 25.4 | -10.5% |
Mozambique | 6.3 | 3.3 | 4.3 | 3.4 | -18.6% |
Brazil | 15.5 | 8.2 | 1.2 | 2.4 | -46.3% |
Poland | 0.5 | 0.6 | 0.9 | 0.8 | 17.0% |
Malawi | 3.5 | 0.2 | 0.7 | 0.2 | -61.5% |
Others | 11.1 | 4.2 | 3.1 | 2.9 | -36.1% |
Total | 72.4 | 37.7 | 38.0 | 35.1 | -21.4% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to South Africa in 2022:
- Zimbabwe (6.2K tons)
- Mozambique (0.6K tons)
- Brazil (0.2K tons)
- Poland (0.1K tons)
- Malawi (0.1K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in South Africa
In 2022, after three years of growth, there was significant decline in shipments abroad of tobacco; partly or wholly stemmed or stripped, when their volume decreased by -30.5% to 3.4K tons. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports attained the peak of 4.9K tons, and then reduced markedly in the following year.
In value terms, exports of tobacco; partly or wholly stemmed or stripped contracted significantly to $22M in 2022. The total export value increased at an average annual rate of +1.6% 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 with an increase of 21% against the previous year.
Export of Tobacco; Partly or Wholly Stemmed or Stripped in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | N/A | 0.7 | 1.2 | 5.9 | 190.3% |
South Korea | 4.9 | 3.6 | 3.0 | 2.8 | -17.0% |
Sweden | 1.6 | 1.7 | 0.4 | 2.6 | 17.6% |
Germany | 1.6 | 1.5 | 3.5 | 2.4 | 14.5% |
United Arab Emirates | 3.2 | 2.6 | 3.1 | 1.2 | -27.9% |
Singapore | 1.8 | 1.3 | 0.9 | 1.1 | -15.1% |
Turkey | N/A | 3.6 | 2.3 | 0.9 | -50.0% |
Armenia | N/A | N/A | N/A | 0.9 | 0% |
Belgium | 0.8 | 1.4 | 0.4 | 0.9 | 4.0% |
Philippines | 1.6 | N/A | N/A | N/A | 0% |
Georgia | 0.9 | 3.1 | 2.3 | N/A | 59.9% |
Others | 4.3 | 5.8 | 13.0 | 3.2 | -9.4% |
Total | 20.8 | 25.3 | 30.1 | 21.8 | 1.6% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from South Africa in 2022:
- Kenya (1009.7 tons)
- South Korea (408.6 tons)
- Sweden (277.2 tons)
- Germany (277.2 tons)
- Belgium (256.8 tons)
- United Arab Emirates (228.5 tons)
- Armenia (217.8 tons)
- Singapore (153.4 tons)
- Turkey (138.6 tons)
This report provides an in-depth analysis of the unmanufactured tobacco market in South Africa.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
This report provides an in-depth analysis of the unmanufactured tobacco market in South Africa.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.