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

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

The average import price for tobacco; partly or wholly stemmed or stripped stood at $6,508 per ton in 2022, rising by 7.6% against the previous year. Over the period under review, the import price, however, showed a mild slump. The pace of growth was the most pronounced in 2019 an increase of 9.1% against the previous year. Over the period under review, average import prices hit record highs at $7,840 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($10,795 per ton), while the price for India ($3,850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $3,149 per ton, which is down by -97.2% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when the average export price increased by 3,269% against the previous year. As a result, the export price attained the peak level of $111,709 per ton, and then fell remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +11.0% per year.

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

In 2022, approx. 2.3K tons of tobacco; partly or wholly stemmed or stripped were imported into Sweden; waning by -14.4% on the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 2.7K tons, and then reduced in the following year.

In value terms, imports of tobacco; partly or wholly stemmed or stripped shrank to $15M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports attained the peak of $16M, and then reduced in the following year.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	2.2	2.2	3.7	4.7	28.8%
India	3.1	2.8	4.2	3.6	5.1%
South Africa	1.9	1.2	3.2	3.1	17.7%
Brazil	1.5	1.5	0.6	1.0	-12.6%
Argentina	1.1	1.1	0.9	0.8	-10.1%
Guatemala	2.2	1.3	0.2	0.5	-39.0%
Belgium	0.8	0.4	0.3	0.4	-20.6%
United States	1.1	1.5	2.2	N/A	41.4%
Others	0.6	0.6	0.8	0.7	5.3%
Total	14.6	12.6	16.1	14.8	0.5%

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

India (940.8 tons)
Philippines (564.1 tons)
South Africa (316.8 tons)
Brazil (118.8 tons)
Argentina (89.9 tons)
Belgium (74.2 tons)
Guatemala (60.4 tons)
United States (0.1 tons)

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

In 2022, the amount of tobacco; partly or wholly stemmed or stripped exported from Sweden soared to 2 tons, increasing by 762% compared with 2021. In general, exports, however, saw a significant contraction.

In value terms, exports of tobacco; partly or wholly stemmed or stripped declined notably to $6.3K in 2022. Overall, exports, however, continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 10,273%.