Price for Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria - 2023
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria (FOB) - 2023
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria (CIF) - 2022
- Exports of Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria
Price for Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria (FOB) - 2023
The average tobacco, unmanufactured; tobacco refuse export price stood at $6,239 per ton in June 2023, surging by 5.2% against the previous month. Overall, export price indicated a temperate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, tobacco, unmanufactured; tobacco refuse export price decreased by -4.7% against April 2023 indices. The growth pace was the most rapid in January 2023 an increase of 32% m-o-m. Over the period under review, the average export prices reached the maximum at $6,546 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Russia ($8,387 per ton), while the average price for exports to Germany ($4,798 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria (CIF) - 2022
The average tobacco, unmanufactured; tobacco refuse import price stood at $4,007 per ton in 2022, rising by 9.6% against the previous year. In general, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 9.6%. Over the period under review, average import prices reached the maximum at $5,198 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was North Macedonia ($5,857 per ton), while the price for Pakistan ($2,221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria
In 2022, the amount of tobacco, unmanufactured; tobacco refuses exported from Bulgaria amounted to 24K tons, stabilizing at the previous year's figure. Over the period under review, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1.9%.
In value terms, tobacco, unmanufactured; tobacco refuse exports declined to $123M in 2022. Overall, exports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 5.5% against the previous year.
| Export of Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 16.0 | 18.0 | 20.4 | 18.4 | 4.8% |
| Ukraine | 2.6 | 6.7 | 8.0 | 11.5 | 64.2% |
| United States | 20.4 | 16.5 | 17.3 | 9.6 | -22.2% |
| Greece | 11.0 | 7.5 | 10.7 | 9.0 | -6.5% |
| Germany | 10.1 | 9.9 | 7.6 | 7.9 | -7.9% |
| Poland | 2.4 | 5.1 | 2.6 | 6.7 | 40.8% |
| Russia | 14.4 | 8.7 | 7.3 | 6.4 | -23.7% |
| North Macedonia | 9.8 | 6.3 | 7.5 | 5.8 | -16.0% |
| Romania | 8.1 | 7.3 | 7.4 | 5.2 | -13.7% |
| Egypt | 1.4 | N/A | N/A | 4.0 | 41.9% |
| Croatia | 4.3 | 4.6 | 5.1 | 3.7 | -4.9% |
| Hungary | 4.8 | 4.8 | 3.3 | 3.6 | -9.1% |
| Slovenia | 2.5 | 0.2 | 1.9 | 2.8 | 3.8% |
| Others | 29.1 | 28.8 | 32.1 | 28.1 | -1.2% |
| Total | 137 | 125 | 131 | 123 | -3.5% |
Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Bulgaria in 2022:
- Ukraine (3.2K tons)
- Belgium (2.6K tons)
- Germany (1.9K tons)
- Russia (1.9K tons)
- Greece (1.7K tons)
- Poland (1.2K tons)
- United States (1.2K tons)
- North Macedonia (1.1K tons)
- Egypt (1.0K tons)
- Hungary (0.9K tons)
- Romania (0.7K tons)
- Slovenia (0.7K tons)
- Croatia (0.6K tons)
Imports of Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria
In 2022, the amount of tobacco, unmanufactured; tobacco refuses imported into Bulgaria rose to 25K tons, picking up by 4.2% against the previous year. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, tobacco, unmanufactured; tobacco refuse imports amounted to $99M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Tobacco, Unmanufactured; Tobacco Refuse in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 27.4 | 26.6 | 33.1 | 29.7 | 2.7% |
| North Macedonia | 24.5 | 9.9 | 17.4 | 16.4 | -12.5% |
| Lebanon | 8.1 | 7.3 | 14.5 | 9.7 | 6.2% |
| Brazil | 3.0 | 3.3 | 3.4 | 9.1 | 44.8% |
| Italy | 2.9 | 1.2 | 0.2 | 4.8 | 18.3% |
| India | 4.4 | 3.1 | 1.7 | 4.8 | 2.9% |
| China | 1.5 | 2.1 | 3.6 | 4.7 | 46.3% |
| Serbia | 3.1 | 2.4 | 3.1 | 3.8 | 7.0% |
| Pakistan | 0.3 | 1.3 | 2.2 | 3.3 | 122.4% |
| Zimbabwe | 1.5 | 2.1 | 1.0 | 1.9 | 8.2% |
| Croatia | 2.4 | 1.3 | 1.9 | 1.5 | -14.5% |
| Others | 8.9 | 5.0 | 4.7 | 9.6 | 2.6% |
| Total | 88.0 | 65.5 | 86.9 | 99.2 | 4.1% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Bulgaria in 2022:
- Greece (7.0K tons)
- Lebanon (2.9K tons)
- North Macedonia (2.8K tons)
- India (1.7K tons)
- Brazil (1.6K tons)
- Pakistan (1.5K tons)
- China (1.5K tons)
- Italy (1.3K tons)
- Serbia (1.1K tons)
- Croatia (0.5K tons)
- Zimbabwe (0.4K tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Bulgaria.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Bulgaria.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
