Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Romania - 2023
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (CIF) - 2023
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (FOB) - 2022
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (CIF) - 2023
The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $6,459 per ton in November 2023, with a decrease of -16.4% against the previous month. In general, import price indicated a mild expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -18.5% against July 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 44% against the previous month. Over the period under review, average import prices attained the peak figure at $10,321 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($19,113 per ton), while the price for Italy ($5,580 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (FOB) - 2022
In 2022, the average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $46,655 per ton, growing by 8.7% against the previous year. Over the period under review, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 117%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($90,633 per ton), while the average price for exports to Croatia ($15,556 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 Japan (+45.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania
Imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s into Romania soared to 7.2K tons in 2022, with an increase of 23% on 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s totaled $48M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 25.3 | 23.2 | 26.9 | 27.3 | 2.6% |
Turkey | 1.0 | 1.5 | 10.4 | 15.7 | 150.4% |
Belgium | 1.5 | N/A | N/A | N/A | 0% |
Others | 8.5 | 4.0 | 5.7 | 4.6 | -18.5% |
Total | 36.2 | 28.7 | 43.0 | 47.7 | 9.6% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Romania in 2022:
- Germany (6.0K tons)
- Turkey (1.1K tons)
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania
In 2022, shipments abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -98.9% to 219 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 98% against the previous year.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s declined notably to $10M in 2022. Overall, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 150% against the previous year.
Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 66.0 | 296 | 155 | 2.5 | -66.4% |
Czech Republic | 41.8 | 4.0 | 181 | 1.5 | -67.0% |
Lebanon | N/A | 5.8 | 8.1 | 1.3 | -52.7% |
Poland | 53.7 | 137 | 108 | 1.0 | -73.5% |
Hungary | 7.0 | 66.5 | 111 | 0.8 | -51.5% |
Croatia | 7.0 | 40.7 | 21.8 | 0.5 | -58.5% |
Italy | 1.8 | 9.2 | 28.3 | 0.4 | -39.4% |
Netherlands | 24.1 | 33.4 | 36.7 | 0.2 | -79.8% |
Latvia | 45.7 | 41.5 | 11.0 | 0.1 | -87.0% |
Slovakia | 31.2 | 27.1 | 10.7 | 0.1 | -85.3% |
Germany | 16.2 | 4.6 | 6.0 | N/A | -39.1% |
Others | 5.0 | 83.6 | 166 | 1.7 | -30.2% |
Total | 300 | 750 | 843 | 10.2 | -67.6% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Romania in 2022:
- Croatia (35.1 tons)
- Hungary (30.4 tons)
- Czech Republic (29.1 tons)
- Japan (28.1 tons)
- Poland (25.3 tons)
- Lebanon (16.4 tons)
- Italy (13.7 tons)
- Netherlands (2.9 tons)
- Latvia (1.7 tons)
- Slovakia (1.5 tons)
- Germany (0.3 tons)
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