Price for Tobacco, (Not Stemmed or Stripped) in Greece - 2023
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Greece (FOB) - 2023
- Price for Tobacco, (Not Stemmed or Stripped) in Greece (CIF) - 2023
- Exports of Tobacco, (Not Stemmed or Stripped) in Greece
- Imports of Tobacco, (Not Stemmed or Stripped) in Greece
Price for Tobacco, (Not Stemmed or Stripped) in Greece (FOB) - 2023
The average export price for tobacco, (not stemmed or stripped)s stood at $8,891 per ton in June 2023, rising by 26% against the previous month. Overall, export price indicated a temperate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, tobacco, (not stemmed or stripped) export price increased by +26.5% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 29% against the previous month. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($12,486 per ton), while the average price for exports to Bulgaria ($4,006 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 Indonesia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco, (Not Stemmed or Stripped) in Greece (CIF) - 2023
In June 2023, the average import price for tobacco, (not stemmed or stripped)s amounted to $5,973 per ton, falling by -17.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 22% month-to-month. As a result, import price reached the peak level of $7,255 per ton, and then dropped significantly in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from North Macedonia ($6,119 per ton) and Bulgaria ($6,043 per ton), while the price for Albania ($4,200 per ton) and Turkey ($5,365 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco, (Not Stemmed or Stripped) in Greece
In 2022, after three years of growth, there was significant decline in overseas shipments of tobacco, (not stemmed or stripped)s, when their volume decreased by -21.8% to 25K tons. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 32K tons, and then dropped dramatically in the following year.
In value terms, tobacco, (not stemmed or stripped) exports dropped sharply to $149M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $196M, and then contracted remarkably in the following year.
| Export of Tobacco, (Not Stemmed or Stripped) in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 49.3 | 51.6 | 46.5 | 44.5 | -3.4% |
| Bulgaria | 25.6 | 23.1 | 28.8 | 19.3 | -9.0% |
| Russia | 4.0 | 7.2 | 12.0 | 14.0 | 51.8% |
| Egypt | 3.3 | 3.9 | 9.1 | 9.8 | 43.7% |
| Poland | N/A | 7.2 | 8.1 | 8.4 | 8.0% |
| South Korea | 9.1 | 14.2 | 8.8 | 7.3 | -7.1% |
| United States | 10.4 | 10.1 | 17.5 | 6.6 | -14.1% |
| Italy | 6.4 | 2.4 | 3.0 | 5.3 | -6.1% |
| Algeria | 1.7 | 3.5 | 3.3 | 3.8 | 30.8% |
| Indonesia | 0.3 | 1.6 | 2.9 | 3.4 | 124.6% |
| Lithuania | N/A | 4.1 | 6.3 | 2.9 | -15.9% |
| Germany | 1.9 | 1.9 | 2.8 | 2.9 | 15.1% |
| Uruguay | 2.1 | 1.2 | 2.1 | 2.0 | -1.6% |
| Others | 31.2 | 25.1 | 44.4 | 18.8 | -15.5% |
| Total | 145 | 157 | 196 | 149 | 0.9% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Greece in 2022:
- Belgium (6.1K tons)
- Bulgaria (4.0K tons)
- Egypt (2.2K tons)
- Russia (1.8K tons)
- Poland (1.5K tons)
- Italy (1.0K tons)
- South Korea (1.0K tons)
- Algeria (0.9K tons)
- United States (0.8K tons)
- Uruguay (0.5K tons)
- Indonesia (0.5K tons)
- Lithuania (0.5K tons)
- Germany (0.4K tons)
Imports of Tobacco, (Not Stemmed or Stripped) in Greece
After three years of growth, overseas purchases of tobacco, (not stemmed or stripped)s decreased by -11.1% to 14K tons in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 11%.
In value terms, tobacco, (not stemmed or stripped) imports declined to $67M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of $81M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Tobacco, (Not Stemmed or Stripped) in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 40.1 | 47.8 | 45.3 | 39.9 | -0.2% |
| Bulgaria | 11.7 | 6.7 | 8.7 | 8.3 | -10.8% |
| Poland | 1.3 | 4.8 | 6.1 | 4.2 | 47.8% |
| Albania | 1.6 | 1.5 | 1.4 | 3.6 | 31.0% |
| Belgium | N/A | 0.8 | 0.2 | 3.2 | 100.0% |
| Lebanon | 8.7 | 14.4 | 4.2 | 2.6 | -33.1% |
| Serbia | 0.3 | N/A | N/A | 2.2 | 94.3% |
| Bangladesh | N/A | N/A | 1.2 | 0.6 | -50.0% |
| Others | 1.4 | 4.9 | 4.2 | 2.6 | 22.9% |
| Total | 65.0 | 80.8 | 71.3 | 67.2 | 1.1% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Greece in 2022:
- North Macedonia (7.4K tons)
- Bulgaria (1.7K tons)
- Poland (0.9K tons)
- Serbia (0.9K tons)
- Albania (0.7K tons)
- Lebanon (0.7K tons)
- Belgium (0.5K tons)
- Bangladesh (0.2K tons)
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