Price for Tobacco, Unmanufactured; Tobacco Refuse in Belgium - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Belgium (FOB) - 2023
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Belgium (CIF) - 2022
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Belgium
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Belgium

Price for Tobacco, Unmanufactured; Tobacco Refuse in Belgium (FOB) - 2023

The average tobacco, unmanufactured; tobacco refuse export price stood at $5,318 per ton in June 2023, which is down by -16.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 29% month-to-month. As a result, the export price attained the peak level of $6,562 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Iran ($7,951 per ton), while the average price for exports to France ($1,123 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Belgium (CIF) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $4,980 per ton, rising by 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22%. As a result, import price attained the peak level of $6,528 per ton. From 2019 to 2022, the average import prices remained at a 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 Greece ($8,449 per ton), while the price for Brazil ($3,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Belgium

In 2022, overseas shipments of tobacco, unmanufactured; tobacco refuses decreased by -13% to 177K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 3,449% against the previous year. As a result, the exports reached the peak of 219K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tobacco, unmanufactured; tobacco refuse exports reduced rapidly to $882M in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 3,146%. As a result, the exports reached the peak of $1.1B. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.12862232291218.1%
PolandN/A262272221-8.2%
Russia0.1108122126980.1%
Turkey0.144.740.049.1688.9%
Luxembourg8.142.930.238.267.7%
RomaniaN/A36.738.233.4-4.6%
PhilippinesN/A27.035.421.5-10.8%
ItalyN/A60.087.419.8-42.6%
EgyptN/A14.613.116.66.6%
Netherlands1.754.037.010.181.1%
FranceN/A7.34.99.413.5%
Czech RepublicN/A32.317.78.0-50.2%
Others24.715013899.759.2%
Total34.71,1261,060882194.0%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Belgium in 2022:

  1. Poland (43.4K tons)
  2. Germany (39.9K tons)
  3. Russia (23.6K tons)
  4. Turkey (9.8K tons)
  5. France (8.9K tons)
  6. Luxembourg (8.6K tons)
  7. Romania (7.7K tons)
  8. Netherlands (3.8K tons)
  9. Italy (3.7K tons)
  10. Philippines (3.6K tons)
  11. Czech Republic (3.5K tons)
  12. Egypt (2.8K tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Belgium

Tobacco, unmanufactured; tobacco refuse imports into Belgium reached 186K tons in 2022, flattening at the previous year's figure. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 745% against the previous year. As a result, imports reached the peak of 204K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco, unmanufactured; tobacco refuse imports rose sharply to $925M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 573% against the previous year. As a result, imports reached the peak of $987M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malawi20.510814116198.8%
Italy8.898.677.799.6124.5%
Tanzania11.193.746.590.1101.0%
Bangladesh3.110.231.366.6178.0%
Zimbabwe3.955.543.764.9155.3%
Zambia4.817.747.159.6131.6%
Turkey11.529.136.946.959.8%
Greece3.252.539.338.9129.9%
India5.844.731.235.182.2%
Spain2.629.722.033.1133.5%
Mozambique3.248.851.131.3113.9%
Brazil5.674.150.727.469.8%
Germany1.330.116.427.4176.2%
Others61.429420014332.6%
Total14798783592584.6%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Belgium in 2022:

  1. Malawi (34.3K tons)
  2. Tanzania (20.2K tons)
  3. Italy (18.2K tons)
  4. Bangladesh (17.4K tons)
  5. Zimbabwe (14.7K tons)
  6. Zambia (11.2K tons)
  7. Brazil (7.9K tons)
  8. India (7.5K tons)
  9. Turkey (7.3K tons)
  10. Spain (6.9K tons)
  11. Mozambique (6.1K tons)
  12. Greece (4.6K tons)
  13. Germany (4.6K tons)

Source: IndexBox Market Intelligence Platform

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