Price for Tobacco; "Homogenised" or "Reconstituted" in Guatemala - 2023

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

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $77,535 per ton, increasing by 53% against the previous year. In general, the import price saw significant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($112,600 per ton), while the price for the Dominican Republic amounted to $76,233 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+43.9%).

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

In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $4,002 per ton, flattening at the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 a decrease of less than 0.1% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,832 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -5.2% per year.

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

In 2022, the amount of tobacco; "homogenised" or "reconstituted"s imported into Guatemala soared to 419 kg, rising by 68% against the previous year's figure. Over the period under review, total imports indicated significant growth from 2020 to 2022: its volume increased at an average annual rate of +26.2% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco; "homogenised" or "reconstituted" imports soared to $32K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco; "Homogenised" or "Reconstituted" in Guatemala (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Dominican Republic	0.2	0.5	30.8	1141.0%
United States	N/A	N/A	1.7	0%
Brazil	7.5	10.9	N/A	45.3%
Others	0.6	1.1	N/A	83.3%
Total	8.4	12.6	32.5	96.7%

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

Dominican Republic (404.0 kg)
United States (15.0 kg)

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

In 2022, the amount of tobacco; "homogenised" or "reconstituted"s exported from Guatemala stood at 19 tons, picking up by 6.3% against 2021. The total export volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 6.3%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, tobacco; "homogenised" or "reconstituted" exports totaled $77K in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.