Price for Tobacco; Partly or Wholly Stemmed or Stripped in Chile - 2023

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Chile (CIF) - 2023
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Chile (FOB) - 2022
  3. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Chile
  4. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Chile

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Chile (CIF) - 2023

In November 2023, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $6,971 per ton, growing by 5.4% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 14% against the previous month. The import price peaked at $7,363 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was India ($7,604 per ton), while the price for Paraguay ($4,373 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Chile (FOB) - 2022

The average export price for tobacco; partly or wholly stemmed or stripped stood at $5,010 per ton in 2022, reducing by -6.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 70%. As a result, the export price reached the peak level of $9,280 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($7,190 per ton), while the average price for exports to Belgium ($4,980 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 Poland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Chile

In 2022, approx. 1.4K tons of tobacco; partly or wholly stemmed or stripped were imported into Chile; increasing by 106% on 2021. Over the period under review, imports, however, faced a abrupt decline.

In value terms, imports of tobacco; partly or wholly stemmed or stripped skyrocketed to $8.3M in 2022. In general, imports, however, recorded a abrupt slump.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil5.75.91.14.0-11.1%
India0.80.5N/A1.317.6%
MexicoN/A1.11.10.9-9.5%
Paraguay0.20.80.70.644.2%
BangladeshN/AN/AN/A0.50%
Zimbabwe0.40.2N/A0.57.7%
Argentina1.65.3N/A0.3-42.8%
Colombia3.04.8N/AN/A60.0%
Others0.70.50.50.2-34.1%
Total12.518.93.48.3-12.8%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Chile in 2022:

  1. Brazil (637.1 tons)
  2. India (237.8 tons)
  3. Mexico (217.7 tons)
  4. Paraguay (133.5 tons)
  5. Bangladesh (85.7 tons)
  6. Zimbabwe (68.0 tons)
  7. Argentina (39.6 tons)

Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Chile

In 2022, approx. 163 tons of tobacco; partly or wholly stemmed or stripped were exported from Chile; increasing by 156% on the previous year's figure. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 250%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tobacco; partly or wholly stemmed or stripped surged to $815K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 153% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A4440%
BelgiumN/AN/A88.7355300.2%
Brazil258135N/A15.8-60.6%
ArgentinaN/AN/A74.6N/A0%
United KingdomN/AN/A177N/A0%
Others0.1N/A0.4N/A100.0%
Total25813534181546.7%

Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Chile in 2022:

  1. Turkey (89.1 tons)
  2. Belgium (71.3 tons)
  3. Brazil (2.2 tons)

Source: IndexBox Market Intelligence Platform

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