Price for Tobacco; Partly or Wholly Stemmed or Stripped in Finland - 2022

Contents:

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

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Finland (CIF) - 2022

In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $16,286 per ton, standing approx. at the previous year. Over the period under review, the import price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 436% against the previous year. As a result, import price reached the peak level of $22,800 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Bulgaria ($22,000 per ton), while the price for Italy ($2,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+390.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $639 per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2021 a decrease of 99.9%. Over the period under review, the average export prices reached the peak figure at $1,500 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -20.1% per year.

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

In 2022, purchases abroad of tobacco; partly or wholly stemmed or stripped decreased by 0% to 7 kg, falling for the second year in a row after two years of growth. In general, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports reached the peak of 10 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tobacco; partly or wholly stemmed or stripped totaled $114 in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 571%. As a result, imports reached the peak of $228. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Bulgaria (5.0 kg)
2. Netherlands (1.0 kg)
3. Italy (1.0 kg)

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

In 2022, the amount of tobacco; partly or wholly stemmed or stripped exported from Finland was estimated at 36 kg, approximately equating the year before. Overall, exports continue to indicate a abrupt decrease. The smallest decline of 99.9% was in 2021.

In value terms, exports of tobacco; partly or wholly stemmed or stripped stood at $23 in 2022. In general, exports recorded a deep setback. The smallest decline of 99.9% was in 2021.

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

1. Netherlands (36.0 kg)

Source: IndexBox Market Intelligence Platform