Denmark - Manufactured Tobacco, Extracts And Essences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Manufactured Tobacco, Extracts and Essences in Denmark - 2023
Contents:
- Price for Manufactured Tobacco, Extracts and Essences in Denmark (FOB) - 2023
- Price for Manufactured Tobacco, Extracts and Essences in Denmark (CIF) - 2022
- Exports of Manufactured Tobacco, Extracts and Essences in Denmark
- Imports of Manufactured Tobacco, Extracts and Essences in Denmark
Price for Manufactured Tobacco, Extracts and Essences in Denmark (FOB) - 2023
In July 2023, the average export price for manufactured tobacco, extracts and essences amounted to $96,259 per ton, surging by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 43% m-o-m. Over the period under review, the average export prices hit record highs at $98,866 per ton in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Iceland ($170K per ton), while the average price for exports to Faroe Islands ($46,116 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Manufactured Tobacco, Extracts and Essences in Denmark (CIF) - 2022
The average import price for manufactured tobacco, extracts and essences stood at $50,659 per ton in 2022, surging by 12% against the previous year. Overall, the import price, however, saw a slight slump. The growth pace was the most rapid in 2013 when the average import price increased by 20% against the previous year. The import price peaked at $92,406 per ton in 2018; however, from 2019 to 2022, 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 Germany ($159,100 per ton), while the price for Russia ($20,807 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+53.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Manufactured Tobacco, Extracts and Essences in Denmark
Manufactured tobacco, extracts and essences exports from Denmark reduced markedly to 438 tons in 2022, waning by -36.3% on 2021. Over the period under review, total exports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +9.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. As a result, the exports attained the peak of 689 tons, and then contracted notably in the following year.
In value terms, manufactured tobacco, extracts and essences exports declined significantly to $41M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. As a result, the exports attained the peak of $76M, and then dropped significantly in the following year.
Export of Manufactured Tobacco, Extracts and Essences in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 19.3 | 28.1 | 47.4 | 22.2 | 4.8% |
Germany | 12.4 | 9.2 | 9.7 | 6.7 | -18.6% |
Iceland | N/A | 1.2 | 4.5 | 5.4 | 112.1% |
Netherlands | N/A | 0.1 | 0.3 | 1.6 | 300.0% |
Slovenia | 3.3 | 1.7 | 2.0 | 0.9 | -35.2% |
Spain | 0.3 | 0.6 | 1.7 | 0.9 | 44.2% |
Faroe Islands | 0.3 | 0.4 | 0.7 | 0.8 | 38.7% |
Norway | 0.4 | 0.3 | 0.2 | 0.5 | 7.7% |
Others | 4.1 | 4.3 | 9.9 | 1.9 | -22.6% |
Total | 40.0 | 46.0 | 76.4 | 40.8 | 0.7% |
Top Export Markets for Manufactured Tobacco, Extracts and Essences from Denmark in 2022:
- Sweden (272.8 tons)
- Iceland (51.7 tons)
- Germany (44.8 tons)
- Spain (15.1 tons)
- Netherlands (11.0 tons)
- Faroe Islands (11.0 tons)
- Norway (8.2 tons)
- Slovenia (5.1 tons)
Imports of Manufactured Tobacco, Extracts and Essences in Denmark
In 2022, after three years of growth, there was significant decline in purchases abroad of manufactured tobacco, extracts and essences, when their volume decreased by -47% to 263 tons. In general, imports, however, recorded moderate growth. The growth pace was the most rapid in 2021 when imports increased by 87% against the previous year. As a result, imports reached the peak of 496 tons, and then declined rapidly in the following year.
In value terms, manufactured tobacco, extracts and essences imports shrank notably to $13M in 2022. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of $22M, and then fell notably in the following year.
Import of Manufactured Tobacco, Extracts and Essences in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 3.5 | 9.9 | 13.4 | 5.1 | 13.4% |
Germany | 2.4 | 3.9 | 4.7 | 4.6 | 24.2% |
Switzerland | N/A | N/A | N/A | 2.2 | 0% |
Poland | N/A | N/A | N/A | 0.4 | 0% |
Hungary | 5.0 | N/A | N/A | 0.2 | -65.8% |
Russia | N/A | N/A | N/A | 0.2 | 0% |
Norway | 7.5 | N/A | N/A | N/A | 0% |
Romania | 0.6 | 2.2 | 0.8 | N/A | 15.5% |
Others | 1.1 | 0.7 | 3.5 | 0.5 | -23.1% |
Total | 20.1 | 16.7 | 22.4 | 13.3 | -12.9% |
Top Suppliers of Manufactured Tobacco, Extracts and Essences to Denmark in 2022:
- Romania (undefined tons)
- Sweden (183.7 tons)
- Germany (28.8 tons)
- Switzerland (25.8 tons)
- Russia (11.3 tons)
- Poland (5.4 tons)
- Hungary (2.0 tons)
- Norway (0.1 tons)
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Denmark.
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