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

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

The average import price for tobacco, (not stemmed or stripped)s stood at $3,812 per ton in 2022, reducing by -7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $4,135 per ton in 2021, and then declined in the following year.

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 Moldova ($10,103 per ton), while the price for Ukraine ($361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for tobacco, (not stemmed or stripped)s amounted to $1,395 per ton, leveling off at the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $3,969 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2015 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

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

In 2022, overseas purchases of tobacco, (not stemmed or stripped)s decreased by -4% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 217%.

In value terms, tobacco, (not stemmed or stripped) imports dropped to $7.2M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 181% against the previous year.

Import of Tobacco, (Not Stemmed or Stripped) in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lebanon	629	1,521	2,139	2,300	54.1%
Greece	298	1,180	2,190	1,238	60.8%
India	362	806	966	931	37.0%
Azerbaijan	262	1,263	1,055	873	49.4%
Bangladesh	74.3	191	285	326	63.7%
Ukraine	111	194	197	153	11.3%
China	45.7	95.4	116	108	33.2%
Others	434	975	1,138	1,227	41.4%
Total	2,217	6,226	8,086	7,156	47.8%

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

Ukraine (424.6 tons)
Lebanon (354.3 tons)
India (267.4 tons)
Greece (194.6 tons)
Azerbaijan (169.4 tons)
Bangladesh (142.1 tons)
China (110.2 tons)

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

In 2021, the amount of tobacco, (not stemmed or stripped)s exported from Belarus was estimated at 10 tons, therefore, remained relatively stable against the previous year's figure. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, tobacco, (not stemmed or stripped) exports stood at $14K in 2021. Over the period under review, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.