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

Contents:

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

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

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $14,937 per ton, falling by -13.5% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tobacco; partly or wholly stemmed or stripped increased by +49.5% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 39%. As a result, the export price attained the peak level of $17,263 per ton, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($16,000 per ton), while the average price for exports to Belgium ($4,055 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 Senegal (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for tobacco; partly or wholly stemmed or stripped stood at $6,744 per ton in October 2023, growing by 3.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The pace of growth appeared the most rapid in November 2022 an increase of 19% month-to-month. The import price peaked in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($9,791 per ton), while the price for India ($5,524 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of tobacco; partly or wholly stemmed or stripped from France shrank remarkably to 8.8K tons, with a decrease of -15.6% on 2021. Overall, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 1% against the previous year.

In value terms, exports of tobacco; partly or wholly stemmed or stripped reduced dramatically to $132M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 40%. As a result, the exports reached the peak of $180M, and then reduced remarkably in the following year.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire11980.81581261.9%
Vietnam3.13.53.83.87.0%
Belgium4.41.70.20.6-48.5%
Jordan5.50.7N/AN/A-87.3%
Senegal23.624.717.0N/A-15.1%
Others8.817.01.51.0-51.6%
Total164128180132-7.0%

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

  1. Cote d'Ivoire (7.9K tons)
  2. Vietnam (0.6K tons)
  3. Belgium (0.1K tons)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of tobacco; partly or wholly stemmed or stripped, when their volume decreased by -7.2% to 23K tons. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of 25K tons, and then contracted in the following year.

In value terms, imports of tobacco; partly or wholly stemmed or stripped declined to $117M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of $129M, and then dropped in the following year.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil31.936.549.351.617.4%
India10.317.118.618.621.8%
Zimbabwe13.811.124.79.4-12.0%
Tanzania5.49.48.59.018.6%
China5.75.92.97.28.1%
United States3.26.38.26.124.0%
Spain8.5N/A2.12.6-32.6%
Mozambique0.10.24.12.3184.4%
Others9.86.210.89.90.3%
Total88.892.71291179.6%

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

  1. Brazil (10.9K tons)
  2. India (4.3K tons)
  3. Tanzania (2.1K tons)
  4. China (1.4K tons)
  5. Zimbabwe (1.3K tons)
  6. United States (0.7K tons)
  7. Mozambique (0.6K tons)
  8. Spain (0.6K tons)

Source: IndexBox Market Intelligence Platform

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