Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Spain - 2023
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain (CIF) - 2023
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain (FOB) - 2022
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain (CIF) - 2023
In November 2023, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $56,662 per ton, waning by -7.3% against the previous month. In general, the import price, however, enjoyed measured growth. The growth pace was the most rapid in August 2023 when the average import price increased by 129% m-o-m. Over the period under review, average import prices hit record highs at $69,617 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($58,989 per ton), while the price for Poland ($28,276 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain (FOB) - 2022
In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $130,127 per ton, picking up by 59% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 280% against the previous year. Over the period under review, the average export prices attained the maximum 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 Serbia ($368,190 per ton), while the average price for exports to Germany ($1,000 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 Portugal (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain
In 2022, after three years of growth, there was significant decline in supplies from abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume decreased by -56.3% to 471 tons. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 130%.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s fell notably to $16M in 2022. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 130%.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.5 | 9.1 | 12.3 | 9.1 | 18.3% |
| Netherlands | 6.0 | 1.3 | 3.2 | 1.6 | -35.6% |
| Italy | 0.8 | 9.6 | 14.2 | 1.5 | 23.3% |
| Cambodia | N/A | 0.1 | 0.6 | 0.9 | 200.0% |
| Germany | 0.1 | 0.4 | 0.3 | 0.6 | 81.7% |
| Romania | N/A | 8.2 | 2.9 | 0.4 | -77.9% |
| China | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Finland | N/A | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.8 | 0.8 | 1.8 | 65.1% |
| Total | 12.9 | 29.6 | 34.4 | 16.1 | 7.7% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Spain in 2022:
- Belgium (176.7 tons)
- Netherlands (134.5 tons)
- Italy (74.5 tons)
- Cambodia (30.8 tons)
- Germany (17.3 tons)
- Romania (12.0 tons)
- China (11.4 tons)
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain
In 2022, approx. 16 tons of tobacco; other than "homogenised" or "reconstituted" or "smoking"s were exported from Spain; reducing by -46.5% on the year before. Overall, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 288%. As a result, the exports attained the peak of 30 tons, and then contracted significantly in the following year.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s shrank notably to $2.1M in 2022. In general, exports, however, recorded mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. As a result, the exports reached the peak of $2.5M, and then declined notably in the following year.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | N/A | N/A | 108 | 225 | 108.3% |
| Russia | N/A | 23.5 | 224 | 148 | 151.0% |
| United States | N/A | N/A | 19.6 | 97.3 | 396.4% |
| Portugal | N/A | N/A | 16.2 | 63.6 | 292.6% |
| Andorra | 0.6 | N/A | 10.7 | 5.0 | 102.7% |
| Morocco | N/A | N/A | 168 | 2.6 | -98.5% |
| Guyana | N/A | N/A | N/A | 0.6 | 0% |
| Uruguay | N/A | N/A | 3.1 | N/A | 0% |
| Italy | 0.9 | N/A | N/A | N/A | 0% |
| Others | 2,002 | 925 | 1,924 | 1,561 | -8.0% |
| Total | 2,003 | 949 | 2,474 | 2,102 | 1.6% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Spain in 2022:
- United States (1.3 tons)
- Portugal (0.6 tons)
- Serbia (0.6 tons)
- Russia (0.6 tons)
- Morocco (0.2 tons)
- Guyana (0.1 tons)
- Andorra (0.1 tons)
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