Price for Tobacco, (Not Stemmed or Stripped) in the Czech Republic - 2023

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in the Czech Republic (CIF) - 2023
  2. Price for Tobacco, (Not Stemmed or Stripped) in the Czech Republic (FOB) - 2022
  3. Imports of Tobacco, (Not Stemmed or Stripped) in the Czech Republic
  4. Exports of Tobacco, (Not Stemmed or Stripped) in the Czech Republic

Price for Tobacco, (Not Stemmed or Stripped) in the Czech Republic (CIF) - 2023

In June 2023, the average import price for tobacco, (not stemmed or stripped)s amounted to $5,530 per ton, rising by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in December 2022 an increase of 18% m-o-m. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($7,048 per ton), while the price for Turkey ($4,617 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 Belgium (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in the Czech Republic (FOB) - 2022

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $23,729 per ton, picking up by 98% against the previous year. In general, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 354% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($27,035 per ton), while the average price for exports to Poland ($10,344 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 (+34.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tobacco, (Not Stemmed or Stripped) in the Czech Republic

In 2022, purchases abroad of tobacco, (not stemmed or stripped)s decreased by -1.6% to 1.3K tons, falling for the second consecutive year after two years of growth. In general, imports showed a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tobacco, (not stemmed or stripped) imports declined dramatically to $6.2M in 2022. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tobacco, (Not Stemmed or Stripped) in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia2.04.12.02.710.5%
Turkey3.25.63.72.4-9.1%
Lebanon0.31.10.80.30.0%
NetherlandsN/AN/A0.10.10.0%
Greece2.82.31.10.1-67.1%
MozambiqueN/AN/AN/A0.10%
China0.50.1N/AN/A-80.0%
Others0.10.10.30.458.7%
Total8.913.28.16.2-11.4%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to the Czech Republic in 2022:

  1. Turkey (668.0 tons)
  2. North Macedonia (513.9 tons)
  3. Lebanon (55.7 tons)
  4. Mozambique (21.2 tons)
  5. Netherlands (20.7 tons)
  6. Greece (17.4 tons)

Exports of Tobacco, (Not Stemmed or Stripped) in the Czech Republic

In 2022, approx. 590 kg of tobacco, (not stemmed or stripped)s were exported from the Czech Republic; with an increase of 58,900% on 2021 figures. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, (not stemmed or stripped) exports skyrocketed to $14K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco, (Not Stemmed or Stripped) in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A10.20%
GermanyN/AN/AN/A3.20%
PolandN/AN/AN/A0.70%
Belgium1.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.2N/AN/A14.0126.8%

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

  1. Sweden (376.0 kg)
  2. Germany (150.0 kg)
  3. Poland (64.0 kg)

Source: IndexBox Market Intelligence Platform

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