Price for Tobacco; Partly or Wholly Stemmed or Stripped in Romania - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Romania (CIF) - 2023
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Romania (FOB) - 2023
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Romania
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Romania
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Romania (CIF) - 2023
In October 2023, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $8,043 per ton, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in April 2023 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $8,066 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.
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 ($9,711 per ton), while the price for Mozambique ($4,682 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 the Netherlands (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Romania (FOB) - 2023
In August 2023, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $7,829 per ton, picking up by 40% against the previous month. In general, export price indicated a prominent increase from August 2022 to August 2023: its price increased at an average monthly rate of +6.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for tobacco; partly or wholly stemmed or stripped increased by +40.3% against July 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 50% month-to-month. As a result, the export price attained the peak level of $8,283 per ton. From December 2022 to August 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In August 2023, the country with the highest price was Turkey ($9,194 per ton), while the average price for exports to Belgium stood at $7,203 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Romania
In 2022, approx. 27K tons of tobacco; partly or wholly stemmed or stripped were imported into Romania; surging by 15% compared with 2021. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tobacco; partly or wholly stemmed or stripped rose remarkably to $160M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.0 | 34.3 | 36.3 | 36.1 | -2.5% |
| Brazil | 39.4 | 39.5 | 30.6 | 35.5 | -3.4% |
| Belgium | 32.6 | 28.3 | 32.4 | 21.7 | -12.7% |
| India | 7.5 | 6.7 | 8.5 | 13.6 | 21.9% |
| United States | 18.7 | 9.4 | 14.0 | 8.2 | -24.0% |
| Croatia | 7.8 | 8.5 | 9.1 | 7.9 | 0.4% |
| Zimbabwe | 2.2 | 5.7 | 6.7 | 7.2 | 48.5% |
| Bulgaria | 0.1 | 0.3 | 0.4 | 5.8 | 287.1% |
| Netherlands | N/A | 0.7 | 1.3 | 5.3 | 175.2% |
| Italy | 1.2 | 0.7 | 2.6 | 3.9 | 48.1% |
| Mozambique | 2.2 | 1.7 | 2.4 | 3.7 | 18.9% |
| China | 1.0 | 2.8 | 1.5 | 1.8 | 21.6% |
| Others | 4.9 | 7.1 | 3.7 | 9.0 | 22.5% |
| Total | 157 | 146 | 149 | 160 | 0.6% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Romania in 2022:
- Brazil (6.2K tons)
- Germany (6.0K tons)
- Belgium (3.9K tons)
- India (2.3K tons)
- Croatia (1.5K tons)
- Netherlands (1.3K tons)
- Zimbabwe (1.1K tons)
- United States (0.7K tons)
- Mozambique (0.7K tons)
- Italy (0.6K tons)
- Bulgaria (0.6K tons)
- China (0.4K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Romania
In 2022, exports of tobacco; partly or wholly stemmed or stripped from Romania shrank to 990 tons, with a decrease of -7.8% compared with the previous year. In general, exports continue to indicate a deep setback. The smallest decline of -4% was in 2021.
In value terms, exports of tobacco; partly or wholly stemmed or stripped fell notably to $4.6M in 2022. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports attained the peak of $6.2M, and then declined dramatically in the following year.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,109 | 2,206 | 2,217 | 2,490 | 5.7% |
| Turkey | N/A | 5.4 | 1,305 | 760 | 1086.3% |
| Poland | 610 | 567 | 755 | 496 | -6.7% |
| Croatia | 826 | 1,287 | 1,682 | 449 | -18.4% |
| Belgium | 148 | 249 | 2.7 | 225 | 15.0% |
| Russia | N/A | 183 | 46.1 | 122 | -18.4% |
| Serbia | 608 | 3.3 | N/A | N/A | -99.5% |
| Portugal | 190 | 254 | 2.8 | N/A | -87.9% |
| Czech Republic | 1,047 | 7.6 | N/A | N/A | -99.3% |
| Others | 238 | 610 | 153 | 89.2 | -27.9% |
| Total | 5,776 | 5,372 | 6,164 | 4,631 | -7.1% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Romania in 2022:
- Italy (640.3 tons)
- Poland (90.4 tons)
- Turkey (81.4 tons)
- Croatia (78.6 tons)
- Belgium (45.8 tons)
- Russia (38.4 tons)
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