Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Slovakia - 2023

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia (CIF) - 2023
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia (FOB) - 2023
  3. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia
  4. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia (CIF) - 2023

In November 2023, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $70,374 per ton, waning by -32% against the previous month. Over the period under review, the import price saw a slight downturn. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 60% month-to-month. Over the period under review, average import prices attained the peak figure at $131K per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($126K per ton), while the price for the United Arab Emirates ($8,733 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 Sweden (+4.2%), 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 Slovakia (FOB) - 2023

In October 2023, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $118K per ton, with a decrease of -9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 30% against the previous month. The export price peaked at $146K per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the Czech Republic ($156K per ton), while the average price for exports to Poland ($96,223 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+1.0%), 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 Slovakia

In 2022, purchases abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -65.5% to 443 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 93%. As a result, imports attained the peak of 1.3K tons, and then dropped notably in the following year.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s reduced notably to $36M in 2022. Over the period under review, imports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2021 when imports increased by 190% against the previous year. As a result, imports attained the peak of $109M, and then contracted significantly in the following year.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A2.77.512.2112.6%
Czech Republic2.13.163.011.777.3%
SwitzerlandN/A0.75.09.1260.6%
GreeceN/AN/AN/A1.40%
SwedenN/AN/A1.50.7-53.3%
NetherlandsN/AN/AN/A0.60%
HungaryN/AN/A0.1N/A0%
Romania31.930.931.7N/A-0.3%
Others0.10.30.40.458.7%
Total34.137.710936.22.0%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Slovakia in 2022:

  1. Italy (165.9 tons)
  2. Czech Republic (153.3 tons)
  3. Switzerland (70.5 tons)
  4. Greece (25.8 tons)
  5. Sweden (10.7 tons)
  6. Netherlands (6.8 tons)

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia

In 2022, shipments abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -51% to 87 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 218,640%.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s surged to $11M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 6,257,720%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A1294,8663672.1%
Czech RepublicN/A15.3254586518.9%
NetherlandsN/A0.20.815.1768.9%
HungaryN/A2954,540N/A1439.0%
OthersN/A2.477.35,7824808.3%
TotalN/A3135,00111,250499.5%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Slovakia in 2022:

  1. Czech Republic (61.2 tons)
  2. Sweden (23.4 tons)
  3. Netherlands (1.8 tons)

Source: IndexBox Market Intelligence Platform

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