Australia: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Australia

The Australian unmanufactured tobacco market reduced modestly to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption, however, saw a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Unmanufactured Tobacco Production in Australia

In value terms, unmanufactured tobacco production declined slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of tobacco (unmanufactured) in Australia amounted to X tons per ha in 2022, leveling off at 2021. Overall, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average unmanufactured tobacco yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of tobacco (unmanufactured) production in Australia declined to X ha, therefore, remained relatively stable against 2021 figures. Over the period under review, the harvested area saw a slight contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. The unmanufactured tobacco harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Unmanufactured Tobacco Exports

Exports from Australia

In 2022, unmanufactured tobacco exports from Australia contracted to X kg, waning by X% compared with the previous year. Over the period under review, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, unmanufactured tobacco exports soared to $X in 2022. In general, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X kg), the Philippines (X kg) and Solomon Islands (X kg) were the main destinations of unmanufactured tobacco exports from Australia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, New Zealand ($X) emerged as the key foreign market for tobacco (unmanufactured) exports from Australia, comprising X% of total exports. The second position in the ranking was held by Solomon Islands ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Solomon Islands (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average unmanufactured tobacco export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Indonesia ($X per ton), while the average price for exports to South Korea ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Unmanufactured Tobacco Imports

Imports into Australia

Unmanufactured tobacco imports into Australia surged to X kg in 2022, jumping by X% on the previous year's figure. Over the period under review, imports, however, saw a significant decrease. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, unmanufactured tobacco imports surged to $X in 2022. Overall, imports, however, showed a dramatic downturn. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mozambique (X kg), Brazil (X kg) and the Philippines (X kg) were the main suppliers of unmanufactured tobacco imports to Australia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest unmanufactured tobacco suppliers to Australia were Italy ($X), the Philippines ($X) and Mozambique ($X), together accounting for X% of total imports.

Mozambique, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average unmanufactured tobacco import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, continues to indicate a slight expansion. The pace of growth was the most pronounced in 2015 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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