Tobacco Refuse Price in Argentina - 2023
Contents:
- Tobacco Refuse Price in Argentina (FOB) - 2022
- Tobacco Refuse Price in Argentina (CIF) - 2022
- Tobacco Refuse Exports in Argentina
- Tobacco Refuse Imports in Argentina
Tobacco Refuse Price in Argentina (FOB) - 2022
The average tobacco refuse export price stood at $498 per ton in 2022, jumping by 27% against the previous year. Over the period under review, the export price, however, showed a mild curtailment. The export price peaked at $660 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($579 per ton), while the average price for exports to Brazil ($231 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 United States (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Refuse Price in Argentina (CIF) - 2022
The average tobacco refuse import price stood at $801 per ton in 2022, with an increase of 41% against the previous year. Over the period under review, the import price, however, continues to indicate a precipitous contraction. The import price peaked at $8,526 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.6% per year.
Tobacco Refuse Exports in Argentina
In 2022, approx. 11K tons of tobacco refuses were exported from Argentina; rising by 201% on 2021 figures. Over the period under review, exports recorded moderate growth.
In value terms, tobacco refuse exports soared to $5.7M in 2022. Overall, exports saw buoyant growth.
| Export of Tobacco Refuse in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.6 | 1.9 | N/A | 3.4 | 28.6% |
| Paraguay | 2.6 | 3.4 | 1.5 | 2.0 | -8.4% |
| Brazil | N/A | 0.3 | N/A | 0.3 | 0.0% |
| United States | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 4.6 | 5.8 | 1.5 | 5.7 | 7.4% |
Top Export Markets for Tobacco Refuse from Argentina in 2022:
- Belgium (5.8K tons)
- Paraguay (4.4K tons)
- Brazil (1.2K tons)
Tobacco Refuse Imports in Argentina
In 2022, approx. 265 tons of tobacco refuses were imported into Argentina; dropping by -67.8% against 2021 figures. In general, imports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1.6% against the previous year.
In value terms, tobacco refuse imports declined dramatically to $212K in 2022. Overall, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of less than 0.1%.
| Import of Tobacco Refuse in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 715 | 469 | 448 | 212 | -33.3% |
| Others | N/A | N/A | 21.7 | N/A | 0% |
| Total | 715 | 469 | 469 | 212 | -33.3% |
Top Suppliers of Tobacco Refuse to Argentina in 2022:
- Brazil (265.0 tons)
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