Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway - 2024
Contents:
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway (CIF) - 2024
- Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway (FOB) - 2022
- Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway
- Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway
Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway (CIF) - 2024
In May 2024, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $130 per thousand units, surging by 7.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in February 2024 an increase of 44% month-to-month. As a result, import price reached the peak level of $0.1 per unit. From March 2024 to May 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Lithuania ($165 per thousand units), while the price for Germany ($29.0 per thousand units) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Lithuania (+6.4%), 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 Norway (FOB) - 2022
In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $0.1 per unit, waning by -61.4% against the previous year. Overall, the export price, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2015 an increase of 266% against the previous year. Over the period under review, the average export prices attained the maximum at $0.3 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($0.7 per unit), while the average price for exports to Denmark (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.1%), while the prices for the other major destinations experienced a decline.
Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway
In 2022, overseas purchases of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -25.1% to 1.5B units, falling for the second year in a row after two years of growth. In general, imports recorded a slight reduction. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of 2.1B units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank sharply to $169M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. Over the period under review, imports of hit record highs at $250M in 2021, and then dropped notably in the following year.
| Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 69.8 | 111 | 121 | 87.2 | 7.7% |
| Lithuania | 67.6 | 85.2 | 94.8 | 62.1 | -2.8% |
| Romania | 3.3 | 0.9 | 1.2 | 4.2 | 8.4% |
| Switzerland | 4.6 | 5.2 | 5.3 | 3.7 | -7.0% |
| United Kingdom | 0.8 | 0.9 | N/A | 2.8 | 51.8% |
| Germany | 1.9 | 1.7 | 2.3 | 1.5 | -7.6% |
| Hungary | 10.2 | 20.7 | 15.0 | N/A | 21.3% |
| Others | 6.3 | 7.7 | 10.5 | 7.6 | 6.5% |
| Total | 164 | 233 | 250 | 169 | 1.0% |
Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Norway in 2022:
- Poland (822.6M units)
- Lithuania (501.9M units)
- Romania (52.2M units)
- United Kingdom (29.1M units)
- Germany (28.1M units)
- Switzerland (26.3M units)
- Hungary (0.4M units)
Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway
For the fourth year in a row, Norway recorded growth in overseas shipments of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, which increased by 253% to 24M units in 2022. Overall, exports posted a significant expansion. As a result, the exports reached 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 skyrocketed to $2.6M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.2 | 3.5 | 1.3 | 1,140 | 342.0% |
| Hong Kong SAR | 659 | 320 | 810 | 992 | 14.6% |
| Ireland | 412 | 423 | 386 | 255 | -14.8% |
| Switzerland | 73.7 | 151 | 498 | 113 | 15.3% |
| Denmark | 20.2 | 31.5 | 59.4 | 0.7 | -67.4% |
| Singapore | 72.7 | 529 | N/A | N/A | 627.6% |
| Others | 16.1 | 183 | 144 | 87.6 | 75.9% |
| Total | 1,267 | 1,642 | 1,898 | 2,588 | 26.9% |
Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Norway in 2022:
- Sweden (19.2M units)
- Hong Kong SAR (3.4M units)
- Ireland (0.4M units)
- Switzerland (0.4M units)
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