Price for Tobacco, (Not Stemmed or Stripped) in the UK - 2023
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in the UK (FOB) - 2022
- Price for Tobacco, (Not Stemmed or Stripped) in the UK (CIF) - 2022
- Exports of Tobacco, (Not Stemmed or Stripped) in the UK
- Imports of Tobacco, (Not Stemmed or Stripped) in the UK
Price for Tobacco, (Not Stemmed or Stripped) in the UK (FOB) - 2022
In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $26,842 per ton, which is down by -4.6% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 473%. As a result, the export price attained the peak level of $40,758 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($83,148 per ton), while the average price for exports to the United Arab Emirates ($15,729 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 Poland (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco, (Not Stemmed or Stripped) in the UK (CIF) - 2022
The average import price for tobacco, (not stemmed or stripped)s stood at $7,439 per ton in 2022, declining by -8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $8,711 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($16,736 per ton), while the price for the Netherlands ($5,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco, (Not Stemmed or Stripped) in the UK
In 2022, the amount of tobacco, (not stemmed or stripped)s exported from the UK plummeted to 1.9 tons, waning by -77.2% against the previous year. Overall, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 347%.
In value terms, tobacco, (not stemmed or stripped) exports dropped sharply to $51K in 2022. Over the period under review, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 1,250% against the previous year.
| Export of Tobacco, (Not Stemmed or Stripped) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | 11.0 | 13.1 | 19.1% |
| United States | 6.7 | N/A | 3.1 | 12.3 | 22.4% |
| Sweden | N/A | N/A | 25.6 | 6.1 | -76.2% |
| Italy | 1.8 | N/A | 20.5 | 5.1 | 41.5% |
| United Arab Emirates | N/A | N/A | N/A | 4.0 | 0% |
| Ireland | 0.1 | 0.6 | 6.7 | 3.9 | 239.1% |
| Netherlands | 22.8 | N/A | 14.4 | 3.0 | -49.1% |
| France | 7.8 | N/A | 4.6 | N/A | -23.2% |
| Brunei Darussalam | N/A | 12.1 | 14.0 | N/A | 15.7% |
| Singapore | 46.6 | N/A | N/A | N/A | 0% |
| Colombia | 348 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 51.1 | N/A | 0% |
| Others | 42.2 | 4.7 | 83.8 | 3.5 | -56.4% |
| Total | 476 | 17.4 | 235 | 50.9 | -52.5% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from the UK in 2022:
- Hungary (624.0 kg)
- United States (471.0 kg)
- United Arab Emirates (255.0 kg)
- Netherlands (173.0 kg)
- Sweden (140.0 kg)
- Ireland (82.0 kg)
- Italy (61.0 kg)
Imports of Tobacco, (Not Stemmed or Stripped) in the UK
Tobacco, (not stemmed or stripped) imports into the UK soared to 65 tons in 2022, growing by 160% on the previous year's figure. Over the period under review, imports enjoyed a significant expansion.
In value terms, tobacco, (not stemmed or stripped) imports surged to $487K in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tobacco, (Not Stemmed or Stripped) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 141 | 265 | N/A | 224 | 16.7% |
| Brazil | N/A | 7.3 | 72.9 | 110 | 288.2% |
| Bulgaria | 4.3 | 2.3 | 2.3 | 55.0 | 133.9% |
| Turkey | 16.6 | 14.8 | 26.1 | 46.0 | 40.5% |
| North Macedonia | N/A | 4.0 | 2.5 | 26.4 | 156.9% |
| Netherlands | N/A | 1.2 | 25.8 | 16.9 | 275.3% |
| Belgium | 109 | 79.8 | 13.0 | 3.7 | -67.6% |
| Germany | 2.1 | 38.7 | 40.8 | N/A | 340.8% |
| Others | 35.7 | 73.6 | 20.8 | 4.9 | -48.4% |
| Total | 308 | 487 | 204 | 487 | 16.5% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to the UK in 2022:
- India (29.6 tons)
- Brazil (20.0 tons)
- Bulgaria (6.7 tons)
- Netherlands (3.2 tons)
- Turkey (2.8 tons)
- North Macedonia (2.8 tons)
- Belgium (0.3 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in the UK.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in the UK.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
906
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
