Price for Tobacco; Partly or Wholly Stemmed or Stripped in Thailand - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Thailand (FOB) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Thailand (CIF) - 2022
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Thailand
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Thailand
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Thailand (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $4,298 per ton in 2022, flattening at the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 34% against the previous year. The export price peaked at $5,157 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($5,885 per ton), while the average price for exports to Lao People's Democratic Republic ($2,863 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Thailand (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $6,787 per ton, waning by -13.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 87% against the previous year. Over the period under review, average import prices attained the peak figure at $8,063 per ton in 2013; however, from 2014 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 ($426,895 per ton), while the price for Indonesia ($2,983 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+51.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Thailand
In 2022, the amount of tobacco; partly or wholly stemmed or stripped exported from Thailand soared to 9.4K tons, with an increase of 56% compared with the year before. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tobacco; partly or wholly stemmed or stripped skyrocketed to $40M in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.0 | 1.1 | 5.7 | 12.9 | 86.1% |
| Jordan | N/A | 0.3 | 4.7 | 8.8 | 441.6% |
| Poland | 2.5 | 5.0 | 0.8 | 4.8 | 24.3% |
| Philippines | 5.0 | 0.5 | 5.0 | 3.6 | -10.4% |
| Indonesia | N/A | 0.2 | 1.7 | 2.5 | 253.6% |
| Germany | 2.1 | N/A | 0.8 | 1.6 | -8.7% |
| Portugal | N/A | N/A | 0.2 | 1.3 | 550.0% |
| Morocco | 1.3 | N/A | 0.2 | 1.3 | 0.0% |
| Algeria | 2.3 | 1.6 | 0.4 | 0.4 | -44.2% |
| Russia | 0.7 | 0.5 | 0.3 | 0.3 | -24.6% |
| United States | 2.4 | 4.2 | 1.8 | 0.3 | -50.0% |
| South Korea | 0.5 | N/A | 3.2 | 0.3 | -15.7% |
| Lao People's Democratic Republic | 0.2 | 0.3 | N/A | 0.1 | -20.6% |
| Others | 1.1 | 0.9 | 1.2 | 2.2 | 26.0% |
| Total | 20.2 | 14.5 | 25.9 | 40.3 | 25.9% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Thailand in 2022:
- Belgium (3642.2 tons)
- Jordan (1618.4 tons)
- Poland (1128.6 tons)
- Philippines (619.8 tons)
- Indonesia (567.6 tons)
- Germany (336.6 tons)
- Portugal (326.7 tons)
- Morocco (277.2 tons)
- Algeria (106.9 tons)
- United States (99.0 tons)
- South Korea (69.1 tons)
- Russia (59.4 tons)
- Lao People's Democratic Republic (35.6 tons)
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Thailand
In 2022, after two years of decline, there was significant growth in purchases abroad of tobacco; partly or wholly stemmed or stripped, when their volume increased by 5,584% to 1K tons. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $6.9M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 2,989 | 0% |
| Lao People's Democratic Republic | 824 | 145 | N/A | 5.6 | -81.1% |
| Others | 0.1 | 2.6 | 140 | 3,912 | 3294.7% |
| Total | 824 | 148 | 140 | 6,906 | 103.1% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Thailand in 2022:
- Indonesia (1001.9 tons)
- Lao People's Democratic Republic (0.4 tons)
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