Brazil: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Brazil

The Brazilian unmanufactured tobacco market shrank significantly to $X in 2022, with a decrease of -44.7% against the previous year. Over the period under review, consumption saw a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Unmanufactured Tobacco Production in Brazil

In value terms, unmanufactured tobacco production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 31%. Unmanufactured tobacco production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average yield of tobacco (unmanufactured) in Brazil declined slightly to X tons per ha, which is down by -3.4% against 2021 figures. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by 23%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the average unmanufactured tobacco yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of tobacco (unmanufactured) in Brazil reached X ha, therefore, remained relatively stable against 2021 figures. Overall, the harvested area, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2017 when the harvested area increased by 3.9%. The unmanufactured tobacco harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Unmanufactured Tobacco Exports

Exports from Brazil

In 2022, overseas shipments of tobacco (unmanufactured) increased by 30% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a slight decrease. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, unmanufactured tobacco exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable reduction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), China (X tons) and the United States (X tons) were the main destinations of unmanufactured tobacco exports from Brazil, with a combined 48% share of total exports. Indonesia, Turkey, Poland, Germany, France, Vietnam, Russia, Egypt, Paraguay and the United Arab Emirates lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +7.5%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and the United States ($X) constituted the largest markets for unmanufactured tobacco exported from Brazil worldwide, with a combined 55% share of total exports. Indonesia, Turkey, Germany, France, Poland, Vietnam, the United Arab Emirates, Paraguay, Russia and Egypt lagged somewhat behind, together comprising a further 25%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +14.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average unmanufactured tobacco export price amounted to $X per ton, surging by 31% against the previous year. Over the period under review, the export price, however, showed a pronounced contraction. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Poland ($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 France (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Unmanufactured Tobacco Imports

Imports into Brazil

In 2022, supplies from abroad of tobacco (unmanufactured) increased by 108% to X tons, rising for the third year in a row after three years of decline. In general, imports continue to indicate a moderate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unmanufactured tobacco imports soared to $X in 2022. Over the period under review, imports showed a temperate expansion. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of unmanufactured tobacco to Brazil, with a 62% share of total imports. Moreover, unmanufactured tobacco imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was held by Turkey (X tons), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+122.2% per year) and Turkey (+1.6% per year).

In value terms, Argentina ($X) constituted the largest supplier of tobacco (unmanufactured) to Brazil, comprising 41% of total imports. The second position in the ranking was held by Turkey ($X), with a 14% share of total imports. It was followed by North Macedonia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-0.3% per year) and North Macedonia (+15.6% per year).

Import Prices by Country

The average unmanufactured tobacco import price stood at $X per ton in 2022, falling by -6.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was North Macedonia ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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