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

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

In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $12,569 per ton, picking up by 105% against the previous year. Over the period under review, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($12,871 per ton) and Belgium ($12,517 per ton), while the price for Russia ($10,331 per ton) and the United States ($12,503 per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+77.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In March 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $11,494 per ton, remaining constant against the previous month. Over the period under review, the export price enjoyed a buoyant expansion. The export price peaked in March 2022.

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

From April 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +11.1% per month.

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

In 2022, tobacco; "homogenised" or "reconstituted" imports into Uzbekistan declined significantly to 120 tons, dropping by -43.5% on the year before. In general, imports showed a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 123%. As a result, imports reached the peak of 212 tons, and then shrank sharply in the following year.

In value terms, tobacco; "homogenised" or "reconstituted" imports soared to $1.5M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 260%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Tobacco; "Homogenised" or "Reconstituted" in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	170	79.4	674	1,176	90.5%
Belgium	N/A	N/A	N/A	192	0%
Russia	46.6	79.2	242	124	38.6%
United States	135	198	85.6	10.9	-56.8%
Others	7.8	3.4	296	0.2	-70.5%
Total	359	360	1,297	1,503	61.2%

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

France (91.4 tons)
Belgium (15.4 tons)
Russia (12.0 tons)
United States (0.9 tons)

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

After two years of decline, shipments abroad of tobacco; "homogenised" or "reconstituted"s increased by 300% to 44 tons in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco; "homogenised" or "reconstituted" exports surged to $506K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.