Price for Tobacco, Unmanufactured; Tobacco Refuse in South Africa - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in South Africa (CIF) - 2022
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in South Africa (FOB) - 2022
  3. Imports of Tobacco, Unmanufactured; Tobacco Refuse in South Africa
  4. Exports of Tobacco, Unmanufactured; Tobacco Refuse in South Africa

Price for Tobacco, Unmanufactured; Tobacco Refuse in South Africa (CIF) - 2022

The average tobacco, unmanufactured; tobacco refuse import price stood at $2,528 per ton in 2022, declining by -9% against the previous year. Over the period under review, the import price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2014 an increase of 14% against the previous year. As a result, import price attained the peak level of $4,576 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mozambique ($5,881 per ton), while the price for Zambia ($567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Tobacco, Unmanufactured; Tobacco Refuse in South Africa (FOB) - 2022

The average tobacco, unmanufactured; tobacco refuse export price stood at $6,298 per ton in 2022, increasing by 7.6% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 41% against the previous year. Over the period under review, the average export prices reached the maximum at $6,445 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($9,546 per ton), while the average price for exports to Belgium ($3,687 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 Indonesia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in South Africa

In 2022, purchases abroad of tobacco, unmanufactured; tobacco refuses was finally on the rise to reach 17K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep setback.

In value terms, tobacco, unmanufactured; tobacco refuse imports shrank slightly to $43M in 2022. Overall, imports, however, faced a deep setback.

Import of Tobacco, Unmanufactured; Tobacco Refuse in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe38.023.230.328.5-9.1%
Brazil16.810.91.53.8-39.1%
Mozambique6.43.34.33.4-19.0%
India4.32.42.22.2-20.0%
Philippines0.51.6N/A0.817.0%
Zambia0.40.30.50.720.5%
Others16.58.15.93.6-39.8%
Total82.949.744.743.1-19.6%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to South Africa in 2022:

  1. Zimbabwe (12.6K tons)
  2. Zambia (1.2K tons)
  3. Brazil (1.0K tons)
  4. India (0.8K tons)
  5. Mozambique (0.6K tons)
  6. Philippines (0.3K tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in South Africa

After three years of growth, shipments abroad of tobacco, unmanufactured; tobacco refuses decreased by -30% to 3.6K tons in 2022. In general, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse exports dropped significantly to $23M in 2022. The total export value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 32%.

Export of Tobacco, Unmanufactured; Tobacco Refuse in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/A0.91.25.9156.0%
South Korea5.03.63.02.8-17.6%
Sweden1.61.80.42.617.6%
Germany1.71.53.52.412.2%
United Arab Emirates3.32.63.21.2-28.6%
Singapore1.81.30.91.1-15.1%
TurkeyN/A3.72.30.9-50.7%
ArmeniaN/AN/AN/A0.90%
Belgium0.81.40.40.94.0%
Nigeria0.42.910.30.826.0%
United States0.20.10.90.644.2%
Papua New GuineaN/AN/AN/A0.50%
Indonesia0.90.90.60.3-30.7%
Others6.28.23.82.0-31.4%
Total21.728.830.422.91.8%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from South Africa in 2022:

  1. Kenya (1009.7 tons)
  2. South Korea (408.6 tons)
  3. Sweden (277.2 tons)
  4. Germany (277.2 tons)
  5. Belgium (256.8 tons)
  6. United Arab Emirates (232.5 tons)
  7. Armenia (217.8 tons)
  8. Nigeria (194.0 tons)
  9. Singapore (153.4 tons)
  10. Turkey (138.6 tons)
  11. United States (122.7 tons)
  12. Papua New Guinea (78.7 tons)
  13. Indonesia (55.6 tons)

Source: IndexBox Market Intelligence Platform

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