Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland - 2024

Contents:

  1. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland (CIF) - 2023
  2. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland (FOB) - 2022
  3. Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland
  4. Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland (CIF) - 2023

In December 2023, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $49.5 per thousand units, with a decrease of -46.1% against the previous month. Over the period under review, the import price, however, continues to indicate buoyant growth. The growth pace was the most rapid in January 2023 when the average import price increased by 92% m-o-m. The import price peaked at $91.8 per thousand units in November 2023, and then shrank remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($194 per thousand units), while the price for Poland ($16.0 per thousand units) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland (FOB) - 2022

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $76 per thousand units, falling by -9.6% against the previous year. Overall, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 54% against the previous year. The export price peaked at $84 per thousand units in 2021, and then fell in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($78 per thousand units), while the average price for exports to Russia amounted to $59 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland

In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses imported into Finland soared to 3.9B units, rising by 100% compared with the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded 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 cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses surged to $102M in 2022. Overall, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.9% against 2020 indices. Imports peaked at $117M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania40.847.05.530.1-9.6%
Poland21.517.516.426.87.6%
Germany17.117.020.019.34.1%
Netherlands7.716.011.716.528.9%
Czech Republic8.115.52.43.8-22.3%
PortugalN/AN/AN/A2.90%
SwedenN/AN/A4.80.3-93.8%
Others3.54.46.32.6-9.4%
Total98.611767.11021.1%

Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Finland in 2022:

  1. Lithuania (1701.6M units)
  2. Poland (1517.5M units)
  3. Netherlands (215.4M units)
  4. Czech Republic (151.9M units)
  5. Germany (129.6M units)
  6. Portugal (117.9M units)
  7. Sweden (10.5M units)

Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland

For the fourth consecutive year, Finland recorded growth in overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, which increased by 44% to 56M units in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses soared to $4.2M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia1.82.43.23.929.4%
Russia0.3N/AN/A0.410.1%
OthersN/AN/AN/AN/A0%
Total2.12.43.24.226.0%

Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Finland in 2022:

  1. Estonia (49.7M units)
  2. Russia (6.0M units)

Source: IndexBox Market Intelligence Platform

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