Price for Tobacco, (Not Stemmed or Stripped) in Turkey - 2023
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Turkey (FOB) - 2023
- Price for Tobacco, (Not Stemmed or Stripped) in Turkey (CIF) - 2022
- Exports of Tobacco, (Not Stemmed or Stripped) in Turkey
- Imports of Tobacco, (Not Stemmed or Stripped) in Turkey
Price for Tobacco, (Not Stemmed or Stripped) in Turkey (FOB) - 2023
The average export price for tobacco, (not stemmed or stripped)s stood at $5,624 per ton in July 2023, dropping by -16.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 41% month-to-month. Over the period under review, the average export prices attained the peak figure at $6,702 per ton in June 2023, and then plummeted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($9,250 per ton), while the average price for exports to Poland ($3,011 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco, (Not Stemmed or Stripped) in Turkey (CIF) - 2022
The average import price for tobacco, (not stemmed or stripped)s stood at $5,094 per ton in 2022, rising by 10% against the previous year. Overall, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 30% against the previous year. The import price peaked at $10,513 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Albania ($7,702 per ton), while the price for India ($2,503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-7.7%), while the prices for the other major suppliers experienced a decline.
Exports of Tobacco, (Not Stemmed or Stripped) in Turkey
In 2022, overseas shipments of tobacco, (not stemmed or stripped)s decreased by -5.7% to 45K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 7% against the previous year. As a result, the exports reached the peak of 48K tons, and then declined in the following year.
In value terms, tobacco, (not stemmed or stripped) exports fell to $223M in 2022. In general, exports recorded a noticeable slump. The pace of growth was the most pronounced in 2020 with an increase of 3.5%. As a result, the exports attained the peak of $266M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Tobacco, (Not Stemmed or Stripped) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 59.1 | 85.5 | 77.4 | 64.1 | 2.7% |
| Belgium | 46.5 | 40.3 | 38.0 | 36.9 | -7.4% |
| Indonesia | 33.0 | 21.4 | 35.8 | 29.6 | -3.6% |
| Russia | 14.6 | 10.9 | 10.4 | 10.5 | -10.4% |
| Poland | 6.6 | 16.7 | 13.4 | 8.2 | 7.5% |
| Netherlands | 1.8 | 1.1 | 3.9 | 5.2 | 42.4% |
| Iran | N/A | 5.8 | N/A | 5.2 | -5.3% |
| Mexico | 9.1 | 6.6 | 5.8 | 3.7 | -25.9% |
| Vietnam | 0.1 | 1.1 | 1.3 | 3.5 | 227.1% |
| Germany | 9.1 | 3.0 | 4.0 | 3.5 | -27.3% |
| Serbia | 6.5 | 5.1 | 5.1 | 3.4 | -19.4% |
| Philippines | 1.6 | 0.6 | 1.3 | 3.2 | 26.0% |
| Italy | 2.8 | 4.2 | 1.1 | 3.0 | 2.3% |
| Others | 66.1 | 63.7 | 56.8 | 42.7 | -13.6% |
| Total | 257 | 266 | 254 | 223 | -4.6% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Turkey in 2022:
- United States (11.2K tons)
- Belgium (6.7K tons)
- Indonesia (5.8K tons)
- Netherlands (2.3K tons)
- Poland (2.3K tons)
- Russia (1.9K tons)
- Iran (1.0K tons)
- Philippines (1.0K tons)
- Mexico (0.9K tons)
- Vietnam (0.9K tons)
- Germany (0.9K tons)
- Italy (0.9K tons)
- Serbia (0.8K tons)
Imports of Tobacco, (Not Stemmed or Stripped) in Turkey
Tobacco, (not stemmed or stripped) imports into Turkey skyrocketed to 1.5K tons in 2022, picking up by 47% compared with the previous year's figure. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 240%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, tobacco, (not stemmed or stripped) imports soared to $7.8M in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 323% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tobacco, (Not Stemmed or Stripped) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 3,494 | 1,424 | 2,432 | 985.8% |
| Belgium | 141 | 0.6 | N/A | 1,606 | 125.0% |
| Albania | 264 | 836 | 525 | 1,364 | 72.9% |
| Malawi | 77.0 | 1,798 | 1,378 | 1,051 | 139.0% |
| Pakistan | N/A | N/A | 77.5 | 292 | 276.8% |
| India | 534 | 584 | 504 | 231 | -24.4% |
| Iran | 13.0 | 68.7 | 109 | 4.9 | -27.8% |
| Philippines | 363 | 294 | 263 | N/A | -14.9% |
| Others | 386 | 460 | 569 | 858 | 30.5% |
| Total | 1,780 | 7,535 | 4,849 | 7,838 | 63.9% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Turkey in 2022:
- Belgium (466.6 tons)
- United States (352.0 tons)
- Malawi (273.7 tons)
- Albania (177.0 tons)
- Pakistan (114.8 tons)
- India (92.2 tons)
- Iran (4.1 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Turkey.
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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 Turkey.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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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.
