Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Guatemala - 2023

Contents:

1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Guatemala (CIF) - 2022
2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Guatemala (FOB) - 2022
3. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Guatemala
4. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Guatemala

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

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $18,616 per ton in 2022, declining by -14.3% against the previous year. In general, the import price, however, posted strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 43%. Over the period under review, average import prices attained the peak figure at $25,765 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($44,926 per ton), while the price for Romania stood at $17,787 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $17,263 per ton, growing by 7.6% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s increased by +12.8% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of 46%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +5.6% per year.

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Guatemala

In 2022, after three years of growth, there was significant decline in overseas purchases of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume decreased by -90% to 4.5 tons. Over the period under review, imports recorded a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s dropped sharply to $84K in 2022. Overall, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year.

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

1. Romania (4.4 tons)
2. United States (0.1 tons)

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Guatemala

After two years of decline, overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -5% to 19 kg in 2022. Over the period under review, exports recorded a perceptible decline. The smallest decline of -4.8% was in 2020.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s rose to $328 in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 3.2%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Guatemala in 2022:

1. Costa Rica (19.0 kg)

Source: IndexBox Market Intelligence Platform