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

Contents:

  1. Price for Tobacco; "Homogenised" or "Reconstituted" in Japan (CIF) - 2023
  2. Price for Tobacco; "Homogenised" or "Reconstituted" in Japan (FOB) - 2022
  3. Imports of Tobacco; "Homogenised" or "Reconstituted" in Japan
  4. Exports of Tobacco; "Homogenised" or "Reconstituted" in Japan

Price for Tobacco; "Homogenised" or "Reconstituted" in Japan (CIF) - 2023

The average tobacco; "homogenised" or "reconstituted" import price stood at $4,877 per ton in June 2023, reducing by -32% against the previous month. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in March 2023 when the average import price increased by 54% m-o-m. Over the period under review, average import prices attained the maximum at $10,979 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($33,604 per ton), while the price for France stood at $4,231 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.0%).

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

The average tobacco; "homogenised" or "reconstituted" export price stood at $7,229 per ton in 2022, dropping by -47.5% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 73%. Over the period under review, the average export prices reached the peak figure at $13,768 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($8,191 per ton), while the average price for exports to Canada ($2,417 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 the Philippines (+11.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, tobacco; "homogenised" or "reconstituted" imports into Japan fell remarkably to 4.1K tons, which is down by -21.9% against the previous year. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5.5%.

In value terms, tobacco; "homogenised" or "reconstituted" imports reached $30M in 2022. Over the period under review, imports recorded a relatively flat trend pattern.

Import of Tobacco; "Homogenised" or "Reconstituted" in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France28.826.610.624.9-4.7%
United States0.20.70.93.8166.8%
RussiaN/A0.10.21.0216.2%
Belgium0.71.10.6N/A-7.4%
Poland0.31.00.5N/A29.1%
Others0.30.716.60.2-12.6%
Total30.530.229.429.8-0.8%

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

  1. France (3.5K tons)
  2. Russia (0.4K tons)
  3. United States (0.1K tons)

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

For the fourth year in a row, Japan recorded growth in overseas shipments of tobacco; "homogenised" or "reconstituted"s, which increased by 45% to 1.4K tons in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,480% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, tobacco; "homogenised" or "reconstituted" exports contracted rapidly to $10M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,270% against the previous year.

Export of Tobacco; "Homogenised" or "Reconstituted" in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.9N/A5.2140.4%
PhilippinesN/A5.5N/A4.2-12.6%
CanadaN/A0.2N/A0.322.5%
Poland0.4N/AN/AN/A0%
Others0.10.313.40.458.7%
Total0.56.913.410.2173.2%

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Japan in 2022:

  1. Germany (738.6 tons)
  2. Philippines (514.8 tons)
  3. Canada (139.7 tons)

Source: IndexBox Market Intelligence Platform

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