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

Contents:

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

Price for Tobacco, Unmanufactured; Tobacco Refuse in Estonia (FOB) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $337,717 per ton, dropping by -14.4% against the previous year. Over the period under review, the export price, however, saw significant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs at $394,401 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($434,629 per ton), while the average price for exports to Poland ($224,563 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+112.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $5,135 per ton in 2021, with a decrease of -3.3% against the previous year. Overall, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 87%. The import price peaked at $19,851 per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Latvia.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +22.6% per year.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Estonia

For the third year in a row, Estonia recorded growth in shipments abroad of tobacco, unmanufactured; tobacco refuses, which increased by 19% to 1 tons in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 194% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, tobacco, unmanufactured; tobacco refuse exports expanded significantly to $343K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 347%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Belgium20.221.175.893.7%
Germany9.249.172.0179.8%
Netherlands7.018.246.5157.7%
Ireland7.432.839.0129.6%
Sweden16.114336.550.6%
DenmarkN/A4.915.4214.3%
CroatiaN/A9.115.267.0%
France5.120.014.870.4%
RomaniaN/AN/A12.80%
Finland1.79.28.3121.0%
Poland5.94.87.210.5%
OthersN/A11.8N/A0%
Total72.5324343117.5%

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

  1. Belgium (232.0 kg)
  2. Germany (212.0 kg)
  3. Netherlands (140.0 kg)
  4. Ireland (120.0 kg)
  5. Sweden (107.0 kg)
  6. Denmark (44.0 kg)
  7. France (43.0 kg)
  8. Romania (35.0 kg)
  9. Croatia (35.0 kg)
  10. Poland (32.0 kg)
  11. Finland (24.0 kg)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Estonia

In 2021, tobacco, unmanufactured; tobacco refuse imports into Estonia was estimated at 83 tons, remaining constant against 2020. Overall, imports saw a dramatic slump. The smallest decline of 99.9% was in 2020.

In value terms, tobacco, unmanufactured; tobacco refuse imports skyrocketed to $426K in 2021. Over the period under review, imports showed a precipitous decrease.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Estonia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
LatviaN/AN/A0.40%
Belgium2.3N/AN/A0%
OthersN/AN/AN/A0%
Total2.3N/A0.4-58.3%

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

  1. Latvia (82.4 tons)

Source: IndexBox Market Intelligence Platform

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