Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Croatia - 2023

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia (CIF) - 2023
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia (FOB) - 2022
  3. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia
  4. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia (CIF) - 2023

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $7,617 per ton in October 2023, which is down by -7.6% against the previous month. In general, import price indicated a moderate increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s increased by +52.6% against August 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 65% against the previous month. The import price peaked at $8,773 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Romania ($17,276 per ton), while the price for Germany totaled $6,047 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Romania (+5.8%).

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia (FOB) - 2022

In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $5,791 per ton, surging by 71% against the previous year. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 96%. The export price peaked at $44,423 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($10,320 per ton), while the average price for exports to Romania ($1,916 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 the Czech Republic (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia

In 2022, overseas purchases of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -82.2% to 149 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp setback. The pace of growth was the most pronounced in 2020 when imports increased by 117%. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s shrank markedly to $3.9M in 2022. In general, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 230% against the previous year. As a result, imports attained the peak of $41M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.03.03.73.6-3.5%
Romania7.936.920.80.3-66.4%
HungaryN/A0.7N/AN/A0%
Others0.50.12.7N/A132.4%
Total12.340.727.23.9-31.8%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Croatia in 2022:

  1. Germany (143.4 tons)
  2. Romania (5.8 tons)

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia

After three years of growth, overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -17.8% to 151 tons in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 225%. As a result, the exports attained the peak of 184 tons, and then fell significantly in the following year.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s surged to $877K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 115%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland10512720718821.4%
Czech Republic8.810.664.9162164.0%
Romania2.4N/A159113261.1%
HungaryN/AN/A34.662.580.6%
Austria51.650.724.361.35.9%
DenmarkN/AN/A3.152.01577.4%
Slovakia11.327.938.650.464.6%
Slovenia70.825.617.834.9-21.0%
Germany21.414.55.48.8-25.6%
Others11933.168.81446.6%
Total39129062387730.9%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Croatia in 2022:

  1. Romania (58.9 tons)
  2. Switzerland (25.4 tons)
  3. Czech Republic (15.7 tons)
  4. Slovenia (12.3 tons)
  5. Austria (8.9 tons)
  6. Denmark (8.4 tons)
  7. Hungary (7.9 tons)
  8. Slovakia (4.8 tons)
  9. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

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