Price for Tobacco; Partly or Wholly Stemmed or Stripped in Norway - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Norway (FOB) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Norway (CIF) - 2022
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Norway
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Norway
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Norway (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $2,958 per ton in 2022, declining by -7.7% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 175%. As a result, the export price attained the peak level of $8,460 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($4,332 per ton), while the average price for exports to Sweden ($2,025 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 United Arab Emirates (+35.0%), while the prices for the other major destinations experienced a decline.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Norway (CIF) - 2022
The average import price for tobacco; partly or wholly stemmed or stripped stood at $5,733 per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 4%. As a result, import price reached the peak level of $5,818 per ton, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($85,400 per ton), while the price for the United States ($4,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Norway
After three years of growth, shipments abroad of tobacco; partly or wholly stemmed or stripped decreased by -42.4% to 90 tons in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,805%. As a result, the exports attained the peak of 156 tons, and then shrank significantly in the following year.
In value terms, exports of tobacco; partly or wholly stemmed or stripped contracted remarkably to $265K in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,476%. As a result, the exports reached the peak of $499K, and then dropped markedly in the following year.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 3.7 | 8.8 | 1.2 | 123 | 221.5% |
| Sweden | 4.3 | 14.4 | 3.5 | 108 | 192.9% |
| United Arab Emirates | N/A | N/A | 493 | 34.5 | -93.0% |
| Others | N/A | 8.4 | 1.2 | N/A | -85.7% |
| Total | 8.0 | 31.7 | 499 | 265 | 221.2% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Norway in 2022:
- Sweden (53.4 tons)
- Denmark (28.3 tons)
- United Arab Emirates (8.0 tons)
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Norway
In 2022, overseas purchases of tobacco; partly or wholly stemmed or stripped decreased by -19.5% to 7.2 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of 9 tons, and then shrank rapidly in the following year.
In value terms, imports of tobacco; partly or wholly stemmed or stripped fell rapidly to $41K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 71% against the previous year. As a result, imports attained the peak of $52K, and then dropped markedly in the following year.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 17.2 | 26.2 | 50.4 | 40.8 | 33.4% |
| United States | 2.4 | 1.4 | 0.5 | 0.1 | -65.3% |
| Others | 3.9 | 2.9 | 1.2 | 0.4 | -53.2% |
| Total | 23.4 | 30.5 | 52.1 | 41.3 | 20.8% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Norway in 2022:
- Denmark (7.2 tons)
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