Price for Tobacco; "Homogenised" or "Reconstituted" in Italy - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Italy (FOB) - 2023
- Price for Tobacco; "Homogenised" or "Reconstituted" in Italy (CIF) - 2022
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Italy
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Italy
Price for Tobacco; "Homogenised" or "Reconstituted" in Italy (FOB) - 2023
The average tobacco; "homogenised" or "reconstituted" export price stood at $9,609 per ton in July 2023, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in August 2022 when the average export price increased by 40% m-o-m. Over the period under review, the average export prices reached the maximum at $11,357 per ton in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the country with the highest price was Switzerland ($10,265 per ton), while the average price for exports to Indonesia totaled $6,923 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+2.0%), while the prices for the other major destinations experienced a decline.
Price for Tobacco; "Homogenised" or "Reconstituted" in Italy (CIF) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" import price amounted to $3,790 per ton, shrinking by -3.6% against the previous year. Over the period under review, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 163% against the previous year. Over the period under review, average import prices reached the maximum at $16,335 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($4,566 per ton), while the price for France ($2,553 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.8%), while the prices for the other major suppliers experienced a decline.
Exports of Tobacco; "Homogenised" or "Reconstituted" in Italy
In 2022, overseas shipments of tobacco; "homogenised" or "reconstituted"s were finally on the rise to reach 390 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic descent.
In value terms, tobacco; "homogenised" or "reconstituted" exports skyrocketed to $3.1M in 2022. Over the period under review, exports, however, showed a dramatic downturn.
| Export of Tobacco; "Homogenised" or "Reconstituted" in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.2 | 0.2 | 0.4 | 2.2 | 122.4% |
| Indonesia | N/A | N/A | N/A | 0.5 | 0% |
| Romania | 5.0 | N/A | N/A | 0.3 | -60.9% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Russia | 25.0 | 5.5 | N/A | N/A | -78.0% |
| United States | N/A | N/A | 1.0 | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 30.4 | 5.7 | 1.4 | 3.1 | -53.3% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Italy in 2022:
- Switzerland (278.5 tons)
- Indonesia (56.6 tons)
- Romania (40.7 tons)
- Germany (7.3 tons)
Imports of Tobacco; "Homogenised" or "Reconstituted" in Italy
In 2022, the amount of tobacco; "homogenised" or "reconstituted"s imported into Italy skyrocketed to 234 tons, jumping by 479% on the previous year's figure. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tobacco; "homogenised" or "reconstituted" imports soared to $886K in 2022. Over the period under review, imports recorded a significant increase.
| Import of Tobacco; "Homogenised" or "Reconstituted" in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 524 | 0% |
| France | 150 | 187 | 109 | 181 | 6.5% |
| Luxembourg | N/A | N/A | 18.1 | 122 | 574.0% |
| Netherlands | 62.8 | 937 | N/A | N/A | 1392.0% |
| Others | N/A | N/A | 32.3 | 59.3 | 83.6% |
| Total | 213 | 1,125 | 159 | 886 | 60.8% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Italy in 2022:
- Russia (114.7 tons)
- France (70.9 tons)
- Luxembourg (46.0 tons)
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