Price for Tobacco; "Homogenised" or "Reconstituted" in Argentina - 2022

Contents:

  1. Price for Tobacco; "Homogenised" or "Reconstituted" in Argentina (CIF) - 2022
  2. Price for Tobacco; "Homogenised" or "Reconstituted" in Argentina (FOB) - 2022
  3. Imports of Tobacco; "Homogenised" or "Reconstituted" in Argentina
  4. Exports of Tobacco; "Homogenised" or "Reconstituted" in Argentina

Price for Tobacco; "Homogenised" or "Reconstituted" in Argentina (CIF) - 2022

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $2,282 per ton, declining by -9.9% against the previous year. In general, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2020 an increase of 19%. The import price peaked at $3,425 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -4.2% per year.

Price for Tobacco; "Homogenised" or "Reconstituted" in Argentina (FOB) - 2022

The average tobacco; "homogenised" or "reconstituted" export price stood at $13,554 per ton in 2022, rising by 32% against the previous year. Over the period under review, the export price saw prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 60%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($115,267 per ton), while the average price for exports to Paraguay ($3,813 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 Nicaragua (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco; "Homogenised" or "Reconstituted" in Argentina

In 2022, supplies from abroad of tobacco; "homogenised" or "reconstituted"s increased by 180% to 187 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a sharp descent.

In value terms, tobacco; "homogenised" or "reconstituted" imports skyrocketed to $428K in 2022. Over the period under review, imports, however, recorded a precipitous setback.

Import of Tobacco; "Homogenised" or "Reconstituted" in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil652344117324-20.8%
United States24928427.737.2-46.9%
Ecuador43.3N/AN/AN/A0%
Chile337N/AN/AN/A0%
Others43.557.724.866.615.3%
Total1,324685170428-31.4%

Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Argentina in 2022:

  1. Brazil (186.1 tons)
  2. United States (0.8 tons)

Exports of Tobacco; "Homogenised" or "Reconstituted" in Argentina

In 2022, the amount of tobacco; "homogenised" or "reconstituted"s exported from Argentina skyrocketed to 1.4 tons, increasing by 41% compared with the previous year's figure. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 888% against the previous year. As a result, the exports attained the peak of 4.3 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tobacco; "homogenised" or "reconstituted" exports soared to $19K in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 839%. As a result, the exports reached the peak of $28K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Tobacco; "Homogenised" or "Reconstituted" in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire1.69.94.68.876.5%
Chile1.06.33.16.485.7%
Nicaragua0.23.61.03.1149.3%
Paraguay0.10.70.30.681.7%
LuxembourgN/A6.9N/AN/A0%
OthersN/AN/A1.1N/A0%
Total2.927.510.118.886.5%

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Argentina in 2022:

  1. Cote d'Ivoire (977.0 kg)
  2. Chile (234.0 kg)
  3. Paraguay (150.0 kg)
  4. Nicaragua (27.0 kg)

Source: IndexBox Market Intelligence Platform

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