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

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Sweden (CIF) - 2023
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Sweden (FOB) - 2022
  3. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Sweden
  4. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Sweden

Price for Tobacco, Unmanufactured; Tobacco Refuse in Sweden (CIF) - 2023

In June 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $2,113 per ton, declining by -54.5% against the previous month. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 257% month-to-month. The import price peaked at $8,784 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($129K per ton), while the price for India ($1,981 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $4,772 per ton in 2022, which is down by -3.5% against the previous year. In general, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 55% against the previous year. Over the period under review, the average export prices reached the peak figure at $40,336 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($12,685 per ton), while the average price for exports to Poland ($139 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 States (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Sweden

In 2022, approx. 3.7K tons of tobacco, unmanufactured; tobacco refuses were imported into Sweden; shrinking by -16.1% against the previous year's figure. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of 4.4K tons, and then fell significantly in the following year.

In value terms, tobacco, unmanufactured; tobacco refuse imports stood at $19M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.34.86.35.61.9%
Philippines2.22.23.75.334.1%
South Africa1.91.23.23.421.4%
Brazil1.51.50.61.1-9.8%
Argentina1.11.10.91.0-3.1%
Belgium0.80.50.40.94.0%
Guatemala2.21.30.20.5-39.0%
United States1.11.52.2N/A41.4%
Others0.90.60.90.8-3.9%
Total17.114.718.518.73.0%

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

  1. India (2183.5 tons)
  2. Philippines (602.5 tons)
  3. South Africa (317.2 tons)
  4. Belgium (184.2 tons)
  5. Brazil (119.0 tons)
  6. Argentina (96.4 tons)
  7. Guatemala (60.5 tons)
  8. United States (0.2 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Sweden

In 2022, tobacco, unmanufactured; tobacco refuse exports from Sweden soared to 57 tons, rising by 828% on 2021. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports soared to $271K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A0.1193192900.0%
United States5.10.10.136.592.7%
Denmark108N/AN/A27.3-36.8%
Iceland0.1N/A22.89.3353.1%
PolandN/AN/AN/A0.50%
Germany15.4N/AN/AN/A0%
United KingdomN/AN/A6.3N/A0%
FinlandN/A4.5N/AN/A0%
Others1.70.71.04.033.0%
Total1305.430.227127.7%

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

  1. United Kingdom (undefined tons)
  2. Switzerland (28.1 tons)
  3. Denmark (19.9 tons)
  4. Poland (3.6 tons)
  5. United States (2.9 tons)
  6. Iceland (1.2 tons)

Source: IndexBox Market Intelligence Platform

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