Price for Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania (CIF) - 2023
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania (FOB) - 2023
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania (CIF) - 2023
In October 2023, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $6,055 per ton, falling by -2.4% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in September 2023 when the average import price increased by 14% month-to-month. As a result, import price attained the peak level of $6,203 per ton, and then fell modestly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($8,244 per ton), while the price for Mozambique ($3,160 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mozambique (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania (FOB) - 2023
In October 2023, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $5,631 per ton, picking up by 5.2% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 34% m-o-m. The export price peaked in October 2023.
As there is only one major export destination, the average price level is determined by prices for Germany.
From October 2022 to October 2023, the rate of growth in terms of prices for Belgium amounted to +3.7% per month.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania
After three years of growth, purchases abroad of tobacco; partly or wholly stemmed or stripped decreased by -1% to 10K tons in 2022. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 8.9%.
In value terms, imports of tobacco; partly or wholly stemmed or stripped reduced slightly to $44M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 3.7%. As a result, imports reached the peak of $45M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 9.7 | 8.1 | 9.5 | 11.7 | 6.4% |
| Argentina | 6.3 | 7.0 | 7.4 | 9.1 | 13.0% |
| Netherlands | 6.9 | 6.6 | 4.6 | 5.9 | -5.1% |
| Belgium | 12.2 | 14.8 | 12.3 | 4.0 | -31.0% |
| Malawi | N/A | 0.3 | 0.5 | 3.4 | 236.7% |
| China | 2.3 | 1.4 | 1.3 | 2.2 | -1.5% |
| United States | 3.6 | 4.4 | 2.2 | 1.8 | -20.6% |
| India | 0.6 | 0.1 | 1.0 | 1.5 | 35.7% |
| Others | 2.1 | 2.6 | 5.0 | 3.8 | 21.9% |
| Total | 43.7 | 45.3 | 43.8 | 43.5 | -0.2% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Lithuania in 2022:
- Brazil (2.7K tons)
- Argentina (2.2K tons)
- Netherlands (1.3K tons)
- Belgium (0.9K tons)
- Malawi (0.8K tons)
- China (0.6K tons)
- India (0.5K tons)
- United States (0.2K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania
Exports of tobacco; partly or wholly stemmed or stripped from Lithuania reduced sharply to 347 tons in 2022, shrinking by -23.4% against the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. As a result, the exports reached the peak of 453 tons, and then dropped significantly in the following year.
In value terms, exports of tobacco; partly or wholly stemmed or stripped reduced sharply to $1.5M in 2022. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 64% against the previous year. As a result, the exports reached the peak of $2.2M, and then dropped sharply in the following year.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 873 | 1,887 | 716 | -9.4% |
| Germany | 270 | 33.0 | 20.2 | 371 | 11.2% |
| Russia | 18.4 | 33.1 | 55.3 | 352 | 167.4% |
| Netherlands | N/A | N/A | N/A | 47.5 | 0% |
| Bulgaria | 508 | N/A | N/A | N/A | 0% |
| Slovakia | 103 | 286 | 99.8 | N/A | -1.6% |
| Latvia | 69.1 | 20.8 | 13.4 | N/A | -56.0% |
| Estonia | 64.6 | 5.8 | N/A | N/A | -91.0% |
| Others | 42.0 | 62.9 | 78.3 | N/A | 36.5% |
| Total | 1,076 | 1,315 | 2,154 | 1,486 | 11.4% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Lithuania in 2022:
- Belgium (166.7 tons)
- Germany (88.6 tons)
- Russia (79.2 tons)
- Netherlands (12.5 tons)
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