Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Kuwait - 2022
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait (FOB) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait (CIF) - 2022
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait (FOB) - 2022
The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $37,375 per ton in 2022, rising by 177% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($161,090 per ton), while the average price for exports to Iraq totaled $13,535 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+6.2%), while the prices for the other major destinations experienced a decline.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait (CIF) - 2022
The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $134,765 per ton in 2022, jumping by 489% against the previous year. Overall, the import price posted a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Cambodia ($356,698 per ton), while the price for the United States ($3,376 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+1,777.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait
In 2022, approx. 21 tons of tobacco; other than "homogenised" or "reconstituted" or "smoking"s were exported from Kuwait; increasing by 514% against the previous year. Overall, exports, however, continue to indicate a drastic downturn.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s skyrocketed to $769K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Saudi Arabia | 73.3 | 14.0 | 535 | 170.2% | |
| Iraq | 8.1 | 3.3 | 233 | 436.3% | |
| United Arab Emirates | 253 | 27.6 | N/A | -89.1% | |
| Others | 5.2 | 0.4 | N/A | -92.3% | |
| Total | 340 | 45.2 | 769 | 50.4% | |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Kuwait in 2022:
- Iraq (17.2 tons)
- Saudi Arabia (3.3 tons)
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait
In 2022, after two years of growth, there was significant decline in purchases abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume decreased by -97.8% to 3 tons. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 415%. As a result, imports attained the peak of 135 tons, and then reduced rapidly in the following year.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s declined significantly to $403K in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 792% against the previous year. As a result, imports reached the peak of $3.1M, and then shrank dramatically in the following year.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Cambodia | N/A | 274 | 379 | 38.3% | |
| China | N/A | 106 | 20.2 | -80.9% | |
| United States | 0.9 | 4.2 | 2.8 | 76.4% | |
| Malaysia | 40.4 | 46.5 | N/A | 15.1% | |
| India | 51.1 | 46.4 | N/A | -9.2% | |
| United Arab Emirates | 1.7 | 11.0 | N/A | 547.1% | |
| Egypt | 96.7 | 550 | N/A | 468.8% | |
| Italy | 74.9 | 588 | N/A | 685.0% | |
| Others | 80.8 | 1,464 | 1.3 | -87.3% | |
| Total | 346 | 3,090 | 403 | 7.9% | |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Kuwait in 2022:
- Cambodia (1063.0 kg)
- United States (822.0 kg)
- China (57.0 kg)
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