Price for Tobacco; "Homogenised" or "Reconstituted" in Luxembourg - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Luxembourg (CIF) - 2023
- Price for Tobacco; "Homogenised" or "Reconstituted" in Luxembourg (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Luxembourg
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Luxembourg
Price for Tobacco; "Homogenised" or "Reconstituted" in Luxembourg (CIF) - 2023
In June 2023, the average tobacco; "homogenised" or "reconstituted" import price amounted to $3,537 per ton, remaining stable against the previous month. In general, the import price continues to indicate a measured increase. The most prominent rate of growth was recorded in January 2023 an increase of 22% m-o-m. Over the period under review, average import prices hit record highs at $3,537 per ton in April 2023; afterwards, it flattened through to June 2023.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From June 2022 to June 2023, the rate of growth in terms of prices for Belgium amounted to +2.2% per month.
Price for Tobacco; "Homogenised" or "Reconstituted" in Luxembourg (FOB) - 2022
The average tobacco; "homogenised" or "reconstituted" export price stood at $2,317 per ton in 2022, reducing by -29.7% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 0.7% against the previous year. Over the period under review, the average export prices hit record highs at $7,826 per ton in 2012; however, from 2013 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 Germany ($3,614 per ton), while the average price for exports to the UK ($711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+18.6%), while the prices for the other major destinations experienced a decline.
Imports of Tobacco; "Homogenised" or "Reconstituted" in Luxembourg
In 2022, the amount of tobacco; "homogenised" or "reconstituted"s imported into Luxembourg contracted remarkably to 375 tons, which is down by -24.6% against the previous year's figure. Overall, imports faced a sharp slump. The smallest decline of -13.3% was in 2020.
In value terms, tobacco; "homogenised" or "reconstituted" imports shrank significantly to $1.1M in 2022. Over the period under review, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 4% against the previous year. As a result, imports attained the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Tobacco; "Homogenised" or "Reconstituted" in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 341 | 2,279 | 1,463 | 972 | 41.8% |
France | 1,582 | N/A | N/A | 169 | -52.6% |
Netherlands | 268 | N/A | 148 | N/A | -25.7% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 2,192 | 2,279 | 1,611 | 1,141 | -19.6% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Luxembourg in 2022:
- Belgium (320.3 tons)
- France (55.2 tons)
Exports of Tobacco; "Homogenised" or "Reconstituted" in Luxembourg
After two years of decline, overseas shipments of tobacco; "homogenised" or "reconstituted"s decreased by -28.8% to 558 kg in 2022. In general, exports showed a sharp reduction.
In value terms, tobacco; "homogenised" or "reconstituted" exports declined markedly to $1.3K in 2022. Overall, exports showed a precipitous contraction.
Export of Tobacco; "Homogenised" or "Reconstituted" in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 1.1 | 0% |
Italy | N/A | N/A | N/A | 0.2 | 0% |
Hungary | 94.7 | N/A | 0.1 | N/A | -96.8% |
United Kingdom | N/A | N/A | N/A | N/A | 0% |
United States | N/A | N/A | 2.1 | N/A | 0% |
Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
Total | 94.9 | N/A | 2.6 | 1.3 | -76.1% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Luxembourg in 2022:
- Germany (292.0 kg)
- Italy (253.0 kg)
- United Kingdom (13.0 kg)
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