Price for Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic - 2023
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic (CIF) - 2023
- Price for Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic (FOB) - 2022
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic
- Exports of Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic
Price for Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic (CIF) - 2023
The average tobacco, unmanufactured; tobacco refuse import price stood at $11,985 per ton in March 2023, rising by 25% against the previous month. In general, import price indicated tangible growth from March 2022 to March 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, tobacco, unmanufactured; tobacco refuse import price decreased by -12.7% against December 2022 indices. The most prominent rate of growth was recorded in October 2022 an increase of 38% against the previous month. The import price peaked at $13,721 per ton in December 2022; however, from January 2023 to March 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Honduras ($31,447 per ton), while the price for Bangladesh ($2,773 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Nicaragua (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic (FOB) - 2022
In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $9,233 per ton, dropping by -20.1% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,561 per ton in 2021, and then dropped remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($24,413 per ton), while the average price for exports to Italy ($4,321 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 Honduras (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic
After three years of growth, supplies from abroad of tobacco, unmanufactured; tobacco refuses decreased by -11.1% to 45K tons in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, imports attained the peak of 51K tons, and then shrank in the following year.
In value terms, tobacco, unmanufactured; tobacco refuse imports shrank to $358M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 34%.
| Import of Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 98.4 | 136 | 158 | 173 | 20.7% |
| Ecuador | 42.1 | 54.8 | 62.8 | 50.5 | 6.3% |
| Philippines | 21.4 | 42.7 | 32.1 | 30.2 | 12.2% |
| Indonesia | 26.3 | 26.2 | 21.7 | 21.4 | -6.6% |
| Honduras | 17.7 | 18.2 | 26.2 | 21.1 | 6.0% |
| India | 4.3 | 9.5 | 12.6 | 10.2 | 33.4% |
| El Salvador | 5.7 | 7.6 | 9.6 | 9.2 | 17.3% |
| Nicaragua | 11.9 | 10.0 | 13.6 | 6.1 | -20.0% |
| Bangladesh | 0.7 | 1.6 | 6.0 | 4.8 | 90.0% |
| Malawi | 0.4 | 0.8 | 1.6 | 4.3 | 120.7% |
| Argentina | 0.6 | 0.5 | 2.8 | 2.2 | 54.2% |
| Others | 22.9 | 30.0 | 30.4 | 25.0 | 3.0% |
| Total | 252 | 338 | 377 | 358 | 12.4% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to the Dominican Republic in 2022:
- United States (17.6K tons)
- Philippines (5.1K tons)
- Indonesia (5.1K tons)
- India (4.6K tons)
- Ecuador (2.4K tons)
- Bangladesh (2.0K tons)
- El Salvador (2.0K tons)
- Honduras (1.4K tons)
- Malawi (1.0K tons)
- Argentina (0.9K tons)
- Nicaragua (0.5K tons)
Exports of Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic
In 2022, approx. 13K tons of tobacco, unmanufactured; tobacco refuses were exported from the Dominican Republic; standing approx. at 2021. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tobacco, unmanufactured; tobacco refuse exports declined significantly to $116M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports attained the peak of $143M, and then fell sharply in the following year.
| Export of Tobacco, Unmanufactured; Tobacco Refuse in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.0 | 31.8 | 47.7 | 36.1 | 3.0% |
| Nicaragua | 9.1 | 5.4 | 13.2 | 18.7 | 27.1% |
| Honduras | 8.6 | 6.1 | 11.3 | 17.4 | 26.5% |
| Germany | 9.7 | 7.4 | 10.5 | 14.2 | 13.5% |
| Poland | 1.4 | 1.0 | 2.1 | 8.3 | 81.0% |
| Spain | 1.7 | 1.8 | 2.1 | 6.4 | 55.6% |
| Philippines | 12.4 | 26.6 | 10.3 | 3.3 | -35.7% |
| Italy | 0.7 | 0.7 | 0.7 | 2.2 | 46.5% |
| Belgium | 3.8 | 1.6 | 1.1 | 1.5 | -26.6% |
| Netherlands | 1.8 | 1.5 | 1.4 | 0.4 | -39.4% |
| Others | 12.2 | 4.9 | 42.8 | 7.5 | -15.0% |
| Total | 94.3 | 88.8 | 143 | 116 | 7.1% |
Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from the Dominican Republic in 2022:
- United States (6.2K tons)
- Poland (1.6K tons)
- Nicaragua (0.9K tons)
- Spain (0.9K tons)
- Germany (0.8K tons)
- Honduras (0.7K tons)
- Italy (0.5K tons)
- Belgium (0.3K tons)
- Netherlands (0.1K tons)
- Philippines (0.1K tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in the Dominican Republic.
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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 the Dominican Republic.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
851
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.
