Price for Tobacco, Unmanufactured; Tobacco Refuse in Spain - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Spain (FOB) - 2022
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Spain (CIF) - 2022
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Spain
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Spain

Price for Tobacco, Unmanufactured; Tobacco Refuse in Spain (FOB) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $3,956 per ton, increasing by 1.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 13%. As a result, the export price attained the peak level of $4,893 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($5,170 per ton), while the average price for exports to Cote d'Ivoire ($702 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 Italy (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Spain (CIF) - 2022

The average tobacco, unmanufactured; tobacco refuse import price stood at $24,921 per ton in 2022, surging by 6.8% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 65% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($118,378 per ton), while the price for France ($3,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Spain

In 2022, the amount of tobacco, unmanufactured; tobacco refuses exported from Spain reached 22K tons, rising by 1.8% on the year before. In general, exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.4%.

In value terms, tobacco, unmanufactured; tobacco refuse exports rose to $86M in 2022. Over the period under review, exports, however, continue to indicate a slight descent.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal15.724.822.226.719.4%
Belgium16.015.514.521.310.0%
Poland8.812.66.912.111.2%
France8.812.710.09.94.0%
Italy7.93.57.25.7-10.3%
Netherlands7.89.39.74.0-20.0%
Cote d'Ivoire0.6N/A0.70.810.1%
Mexico3.21.62.40.6-42.8%
Germany11.50.20.10.1-79.4%
Russia2.80.72.8N/A0.0%
Others8.13.57.25.2-13.7%
Total90.984.483.786.5-1.6%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Spain in 2022:

  1. Germany (undefinedK tons)
  2. Russia (undefinedK tons)
  3. Portugal (5.2K tons)
  4. Belgium (5.1K tons)
  5. Poland (3.8K tons)
  6. France (2.3K tons)
  7. Italy (1.9K tons)
  8. Cote d'Ivoire (1.1K tons)
  9. Netherlands (0.8K tons)
  10. Mexico (0.1K tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Spain

For the third year in a row, Spain recorded decline in supplies from abroad of tobacco, unmanufactured; tobacco refuses, which decreased by -1.6% to 2.3K tons in 2022. In general, imports faced a abrupt contraction.

In value terms, tobacco, unmanufactured; tobacco refuse imports rose markedly to $56M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 5.9%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines13.914.016.616.35.5%
Indonesia10.911.18.912.54.7%
Sri Lanka5.310.210.07.813.7%
Dominican Republic1.82.35.76.251.0%
Portugal4.83.43.75.01.4%
Switzerland5.13.73.93.6-11.0%
France0.90.71.11.03.6%
Brazil0.80.80.30.6-9.1%
United States0.71.00.10.5-10.6%
BelgiumN/A0.50.10.4-10.6%
Malawi1.10.40.50.4-28.6%
Argentina0.20.10.20.20.0%
Paraguay0.7N/A0.20.1-47.7%
Others1.82.22.31.7-1.9%
Total48.050.553.556.25.4%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Spain in 2022:

  1. Philippines (371.2 tons)
  2. Dominican Republic (349.4 tons)
  3. Portugal (307.1 tons)
  4. France (254.7 tons)
  5. Switzerland (179.2 tons)
  6. Brazil (134.2 tons)
  7. Indonesia (105.2 tons)
  8. Sri Lanka (86.6 tons)
  9. Malawi (62.3 tons)
  10. Belgium (56.7 tons)
  11. Argentina (49.1 tons)
  12. United States (47.4 tons)
  13. Paraguay (10.5 tons)

Source: IndexBox Market Intelligence Platform

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