Price for Tobacco; Partly or Wholly Stemmed or Stripped in Nepal - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Nepal (CIF) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Nepal (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Nepal
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Nepal
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Nepal (CIF) - 2022
The average import price for tobacco; partly or wholly stemmed or stripped stood at $3,822 per ton in 2022, picking up by 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2015 an increase of 14% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.7% per year.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Nepal (FOB) - 2022
In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $4,410 per ton, surging by 4.5% against the previous year. In general, the export price enjoyed prominent growth. The growth pace was the most rapid in 2014 an increase of 137%. The export price peaked at $4,553 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +14.3% per year.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Nepal
In 2022, supplies from abroad of tobacco; partly or wholly stemmed or stripped was finally on the rise to reach 6.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of tobacco; partly or wholly stemmed or stripped skyrocketed to $26M in 2022. Overall, imports saw a modest increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 24.7 | 21.3 | 21.1 | 25.7 | 1.3% |
| Others | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Total | 24.9 | 21.4 | 21.3 | 25.7 | 1.1% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Nepal in 2022:
- India (6.7K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Nepal
In 2022, after three years of growth, there was significant decline in shipments abroad of tobacco; partly or wholly stemmed or stripped, when their volume decreased by -16.7% to 72 tons. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year.
In value terms, exports of tobacco; partly or wholly stemmed or stripped shrank to $318K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 72%.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 144 | 247 | 365 | 318 | 30.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 144 | 247 | 365 | 318 | 30.2% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Nepal in 2022:
- South Korea (72.0 tons)
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