Price for Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR - 2023
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR (CIF) - 2022
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR (FOB) - 2022
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR
- Exports of Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR
Price for Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR (CIF) - 2022
In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $4,001 per ton, which is down by -18.2% against the previous year. In general, the import price recorded a perceptible contraction. The pace of growth was the most pronounced in 2021 an increase of 19%. Over the period under review, average import prices reached the peak figure at $7,397 per ton in 2013; however, from 2014 to 2022, 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 the United States ($8,514 per ton), while the price for China ($2,354 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR (FOB) - 2022
The average tobacco, unmanufactured; tobacco refuse export price stood at $7,394 per ton in 2022, surging by 2.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 54% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($44,207 per ton), while the average price for exports to Malaysia ($1,173 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 Zimbabwe (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR
Tobacco, unmanufactured; tobacco refuse imports into Hong Kong SAR fell to 6.8K tons in 2022, with a decrease of -12.1% compared with 2021 figures. Overall, imports faced a precipitous decline. The smallest decline of -1.8% was in 2021.
In value terms, tobacco, unmanufactured; tobacco refuse imports declined notably to $27M in 2022. Over the period under review, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year.
| Import of Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 15.8 | 10.0 | 6.8 | 9.5 | -15.6% |
| China | 17.2 | 15.5 | 9.8 | 7.5 | -24.2% |
| Zimbabwe | 18.8 | 2.5 | 12.0 | 5.6 | -33.2% |
| United States | 6.7 | 0.8 | 4.4 | 4.2 | -14.4% |
| Zambia | 2.7 | 0.4 | 1.2 | 0.4 | -47.1% |
| Vietnam | 1.1 | 0.9 | 0.9 | N/A | -9.5% |
| Lao People's Democratic Republic | 0.4 | 0.1 | 0.4 | N/A | 0.0% |
| Others | 2.3 | 2.0 | 2.3 | N/A | 0.0% |
| Total | 65.0 | 32.2 | 37.8 | 27.1 | -25.3% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Hong Kong SAR in 2022:
- China (3.2K tons)
- Brazil (1.9K tons)
- Zimbabwe (1.1K tons)
- United States (0.5K tons)
- Zambia (0.1K tons)
Exports of Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR
In 2022, the amount of tobacco, unmanufactured; tobacco refuses exported from Hong Kong SAR declined notably to 63 tons, which is down by -46.6% compared with 2021 figures. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 734% against the previous year.
In value terms, tobacco, unmanufactured; tobacco refuse exports shrank sharply to $465K in 2022. Overall, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 969%. As a result, the exports attained the peak of $851K, and then dropped notably in the following year.
| Export of Tobacco, Unmanufactured; Tobacco Refuse in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 223 | 16.2 | 292 | 158 | -10.9% |
| China | 225 | 14.8 | 241 | 119 | -19.1% |
| Indonesia | 116 | 21.1 | 25.4 | 80.4 | -11.5% |
| Switzerland | 69.5 | 16.3 | 146 | 34.3 | -21.0% |
| Malaysia | 58.1 | 3.3 | 45.6 | 19.2 | -30.9% |
| Cambodia | 45.9 | 2.2 | 36.7 | 18.1 | -26.7% |
| Philippines | 25.5 | 1.6 | 26.1 | 12.6 | -20.9% |
| Nigeria | 13.0 | 0.8 | 13.6 | 6.6 | -20.2% |
| Others | 66.9 | 3.1 | 25.5 | 17.1 | -36.5% |
| Total | 844 | 79.6 | 851 | 465 | -18.0% |
Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Hong Kong SAR in 2022:
- China (25.3 tons)
- Malaysia (16.4 tons)
- Indonesia (7.2 tons)
- Cambodia (3.7 tons)
- Zimbabwe (3.6 tons)
- Switzerland (3.3 tons)
- Philippines (1.2 tons)
- Nigeria (1.1 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Hong Kong SAR, China.
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.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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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
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
