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

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (CIF) - 2023
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania (FOB) - 2022
  3. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Romania
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.323.226.927.32.6%
Turkey1.01.510.415.7150.4%
Belgium1.5N/AN/AN/A0%
Others8.54.05.74.6-18.5%
Total36.228.743.047.79.6%

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

  1. Germany (6.0K tons)
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Japan66.02961552.5-66.4%
Czech Republic41.84.01811.5-67.0%
LebanonN/A5.88.11.3-52.7%
Poland53.71371081.0-73.5%
Hungary7.066.51110.8-51.5%
Croatia7.040.721.80.5-58.5%
Italy1.89.228.30.4-39.4%
Netherlands24.133.436.70.2-79.8%
Latvia45.741.511.00.1-87.0%
Slovakia31.227.110.70.1-85.3%
Germany16.24.66.0N/A-39.1%
Others5.083.61661.7-30.2%
Total30075084310.2-67.6%

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

  1. Croatia (35.1 tons)
  2. Hungary (30.4 tons)
  3. Czech Republic (29.1 tons)
  4. Japan (28.1 tons)
  5. Poland (25.3 tons)
  6. Lebanon (16.4 tons)
  7. Italy (13.7 tons)
  8. Netherlands (2.9 tons)
  9. Latvia (1.7 tons)
  10. Slovakia (1.5 tons)
  11. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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