Price for Tobacco; Partly or Wholly Stemmed or Stripped in Kenya - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Kenya (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Kenya (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Kenya
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Kenya
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Kenya (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $2,563 per ton, falling by -39.8% against the previous year. Overall, the import price showed a pronounced decrease. The growth pace was the most rapid in 2017 when the average import price increased by 27%. As a result, import price reached the peak level of $5,310 per ton. From 2018 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 South Africa ($6,129 per ton), while the price for Bangladesh ($684 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Kenya (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $4,612 per ton in 2022, waning by -13.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 13%. The export price peaked at $5,616 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 Romania ($6,040 per ton), while the average price for exports to Somalia ($708 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 Egypt (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Kenya
In 2022, imports of tobacco; partly or wholly stemmed or stripped into Kenya surged to 14K tons, rising by 127% against the year before. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of tobacco; partly or wholly stemmed or stripped skyrocketed to $37M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 190%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | 0.5 | 3.5 | 8.8 | 80.4% |
| Zimbabwe | 0.6 | 1.6 | 4.8 | 7.8 | 135.1% |
| South Africa | 0.1 | 0.1 | 1.1 | 5.8 | 287.1% |
| Pakistan | N/A | N/A | 2.1 | 5.6 | 166.7% |
| Bangladesh | N/A | N/A | N/A | 4.8 | 0% |
| Brazil | N/A | 0.1 | 1.5 | 2.5 | 400.0% |
| Uganda | 1.3 | 4.1 | 8.6 | N/A | 157.2% |
| Others | 2.3 | 2.9 | 5.2 | 1.4 | -15.3% |
| Total | 5.8 | 9.3 | 26.9 | 36.7 | 85.0% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Kenya in 2022:
- Bangladesh (7.1K tons)
- Brazil (2.0K tons)
- India (1.7K tons)
- Zimbabwe (1.3K tons)
- Pakistan (1.0K tons)
- South Africa (0.9K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Kenya
In 2022, overseas shipments of tobacco; partly or wholly stemmed or stripped decreased by -40.3% to 1.4K tons, falling for the second year in a row after two years of growth. Overall, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 6.7K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tobacco; partly or wholly stemmed or stripped dropped significantly to $6.5M in 2022. In general, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports reached the peak of $34M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 455 | 444 | 145 | 2,044 | 65.0% |
| South Africa | 63.3 | 1,320 | 214 | 944 | 146.1% |
| Romania | 137 | 618 | 42.1 | 918 | 88.5% |
| Turkey | 282 | 3,948 | 458 | 735 | 37.6% |
| Netherlands | 637 | 344 | 119 | 641 | 0.2% |
| Germany | 983 | 484 | 91.5 | 448 | -23.0% |
| Somalia | 41.4 | 104 | 39.0 | 74.0 | 21.4% |
| Russia | 1,361 | 389 | 218 | 59.3 | -64.8% |
| Jordan | 1,212 | 2,496 | 795 | N/A | -19.0% |
| United States | 1,232 | 1,166 | 358 | N/A | -46.1% |
| Moldova | 490 | 652 | 329 | N/A | -18.1% |
| Poland | 2,356 | 2,478 | 327 | N/A | -62.7% |
| Egypt | 2,093 | 585 | 207 | N/A | -68.6% |
| Others | 12,633 | 18,531 | 9,170 | 604 | -63.7% |
| Total | 23,975 | 33,560 | 12,513 | 6,468 | -35.4% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Kenya in 2022:
- Belgium (347.3 tons)
- Netherlands (196.5 tons)
- South Africa (158.4 tons)
- Germany (158.4 tons)
- Romania (152.0 tons)
- Turkey (147.4 tons)
- Somalia (104.5 tons)
- Russia (19.8 tons)
742
This report provides an in-depth analysis of the unmanufactured tobacco market in Kenya.
2390
This report provides an in-depth analysis of the global unmanufactured tobacco market.
742
This report provides an in-depth analysis of the unmanufactured tobacco market in Kenya.
2390
This report provides an in-depth analysis of the global unmanufactured tobacco market.
840
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
1045
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
2121
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
1359
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
840
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
