Tobacco Refuse Price in Japan - 2023

Contents:

  1. Tobacco Refuse Price in Japan (CIF) - 2022
  2. Tobacco Refuse Price in Japan (FOB) - 2022
  3. Tobacco Refuse Imports in Japan
  4. Tobacco Refuse Exports in Japan

Tobacco Refuse Price in Japan (CIF) - 2022

The average tobacco refuse import price stood at $1,106 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 21%. Over the period under review, average import prices reached the peak figure at $1,877 per ton in 2012; however, from 2013 to 2022, 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 Vietnam ($4,073 per ton), while the price for China ($370 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.0%), while the prices for the other major suppliers experienced a decline.

Tobacco Refuse Price in Japan (FOB) - 2022

In 2022, the average tobacco refuse export price amounted to $516 per ton, rising by 44% against the previous year. Overall, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2014 when the average export price increased by 64%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +11.6% per year.

Tobacco Refuse Imports in Japan

In 2022, supplies from abroad of tobacco refuses decreased by -36.6% to 1.6K tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1.5%. As a result, imports attained the peak of 3.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, tobacco refuse imports dropped remarkably to $1.7M in 2022. In general, imports recorded a sharp setback. The pace of growth appeared the most rapid in 2020 when imports increased by 2.3% against the previous year. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Tobacco Refuse in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,2481,597559903-10.2%
Brazil1,0811,454679388-28.9%
United States432454488248-16.9%
Zimbabwe20632.322851.0-37.2%
Tanzania38623415940.9-52.7%
Zambia390236N/A40.1-53.2%
China44.220.378.833.3-9.0%
Others55341157242.0-57.7%
Total4,3394,4392,7631,746-26.2%

Top Suppliers of Tobacco Refuse to Japan in 2022:

  1. Brazil (673.8 tons)
  2. United States (346.8 tons)
  3. Vietnam (221.7 tons)
  4. China (90.0 tons)
  5. Zimbabwe (68.4 tons)
  6. Tanzania (66.0 tons)
  7. Zambia (56.2 tons)

Tobacco Refuse Exports in Japan

In 2022, the amount of tobacco refuses exported from Japan skyrocketed to 3.7K tons, jumping by 280% on 2021. Over the period under review, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse exports surged to $1.9M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tobacco Refuse in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3303.82651,34959.9%
Russia1951,009N/AN/A417.4%
Belgium25.217984.5N/A83.1%
OthersN/AN/AN/A5680%
Total5501,1923491,91651.6%

Top Export Markets for Tobacco Refuse from Japan in 2022:

  1. France (3.7K tons)

Source: IndexBox Market Intelligence Platform

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