Price for Tobacco, (Not Stemmed or Stripped) in Germany - 2023

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Germany (CIF) - 2023
  2. Price for Tobacco, (Not Stemmed or Stripped) in Germany (FOB) - 2023
  3. Imports of Tobacco, (Not Stemmed or Stripped) in Germany
  4. Exports of Tobacco, (Not Stemmed or Stripped) in Germany

Price for Tobacco, (Not Stemmed or Stripped) in Germany (CIF) - 2023

The average import price for tobacco, (not stemmed or stripped)s stood at $8,205 per ton in June 2023, with an increase of 6.6% against the previous month. In general, the import price, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in November 2022 an increase of 50% month-to-month. The import price peaked at $10,953 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Indonesia ($34,671 per ton), while the price for Turkey ($3,601 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Germany (FOB) - 2023

The average export price for tobacco, (not stemmed or stripped)s stood at $16,659 per ton in June 2023, increasing by 285% against the previous month. Overall, the export price, however, saw a deep slump. The growth pace was the most rapid in August 2022 when the average export price increased by 442% month-to-month. The export price peaked at $33,729 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($119K per ton), while the average price for exports to the United States ($3,420 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, (Not Stemmed or Stripped) in Germany

After three years of growth, supplies from abroad of tobacco, (not stemmed or stripped)s decreased by -11.1% to 12K tons in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 9.7%.

In value terms, tobacco, (not stemmed or stripped) imports dropped sharply to $77M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year.

Import of Tobacco, (Not Stemmed or Stripped) in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey25.825.123.920.6-7.2%
North Macedonia14.315.518.115.11.8%
Greece13.910.87.27.8-17.5%
Poland4.59.96.07.317.5%
Bulgaria3.44.53.96.222.2%
Dominican Republic3.02.93.22.6-4.7%
India0.70.51.01.939.5%
Others9.915.528.615.415.9%
Total75.584.691.876.80.6%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Germany in 2022:

  1. Turkey (3.1K tons)
  2. North Macedonia (2.2K tons)
  3. Poland (2.0K tons)
  4. Bulgaria (1.1K tons)
  5. Greece (0.8K tons)
  6. Dominican Republic (0.7K tons)
  7. India (0.5K tons)

Exports of Tobacco, (Not Stemmed or Stripped) in Germany

In 2022, after three years of growth, there was significant decline in shipments abroad of tobacco, (not stemmed or stripped)s, when their volume decreased by -6.6% to 5.5K tons. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23%.

In value terms, tobacco, (not stemmed or stripped) exports soared to $52M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +48.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tobacco, (Not Stemmed or Stripped) in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia15.412.417.517.34.0%
Italy0.32.63.49.8219.7%
Belgium10.37.35.56.3-15.1%
Croatia4.63.93.84.4-1.5%
Taiwan (Chinese)1.81.51.71.6-3.9%
Switzerland1.00.60.90.6-15.7%
Sweden0.90.80.70.5-17.8%
SlovakiaN/A2.01.40.5-50.0%
Slovenia0.60.40.80.3-20.6%
Others4.03.54.510.638.4%
Total38.934.940.352.010.2%

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Germany in 2022:

  1. Italy (2005.5 tons)
  2. Croatia (1132.4 tons)
  3. Belgium (956.4 tons)
  4. Indonesia (300.3 tons)
  5. Taiwan (Chinese) (285.7 tons)
  6. Slovakia (187.9 tons)
  7. Sweden (167.6 tons)
  8. Switzerland (80.2 tons)
  9. Slovenia (76.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco, (not stemmed or stripped) - Germany