Price for Tobacco, Unmanufactured; Tobacco Refuse in the UK - 2023

Contents:

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

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

The average tobacco, unmanufactured; tobacco refuse import price stood at $6,798 per ton in 2022, which is down by -4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 an increase of 9.7%. As a result, import price attained the peak level of $7,096 per ton, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($12,967 per ton), while the price for Italy ($1,646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $10,546 per ton in 2022, jumping by 221% against the previous year. Overall, the export price showed a moderate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($15,873 per ton), while the average price for exports to the United Arab Emirates ($3,083 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 Hungary (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in the UK

After two years of decline, purchases abroad of tobacco, unmanufactured; tobacco refuses increased by 140% to 120 tons in 2022. Overall, imports, however, recorded a dramatic shrinkage.

In value terms, tobacco, unmanufactured; tobacco refuse imports surged to $817K in 2022. Over the period under review, imports, however, continue to indicate a sharp decline.

Import of Tobacco, Unmanufactured; Tobacco Refuse in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil15.60.1N/A0.2-76.6%
India4.10.3N/A0.2-63.5%
BulgariaN/AN/AN/A0.10%
Croatia2.5N/AN/AN/A0%
Mozambique4.40.1N/AN/A-97.7%
Zimbabwe1.9N/AN/AN/A0%
United States4.7N/AN/AN/A0%
North MacedoniaN/AN/AN/AN/A0%
Kenya4.0N/AN/AN/A0%
ItalyN/AN/AN/AN/A0%
Netherlands0.1N/AN/AN/A0%
Others3.10.30.30.2-59.9%
Total40.30.90.40.8-72.9%

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

  1. Brazil (30.8 tons)
  2. India (30.8 tons)
  3. Italy (15.5 tons)
  4. Netherlands (11.9 tons)
  5. Bulgaria (6.7 tons)
  6. North Macedonia (6.2 tons)
  7. Zimbabwe (4.7 tons)
  8. Mozambique (1.2 tons)
  9. United States (1.0 tons)
  10. Croatia (0.3 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in the UK

In 2022, the amount of tobacco, unmanufactured; tobacco refuses exported from the UK declined significantly to 8.6 tons, shrinking by -90.1% compared with 2021 figures. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 910% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse exports contracted rapidly to $90K in 2022. Overall, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 385% against the previous year.

Export of Tobacco, Unmanufactured; Tobacco Refuse in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands22.8N/A0.734.715.0%
HungaryN/AN/A0.513.12520.0%
United States12.18.10.112.30.5%
Sweden0.9N/A1.26.189.2%
Italy1.8N/A1.25.141.5%
United Arab EmiratesN/A10.82734.0-39.1%
Ireland39615.50.33.9-78.6%
Belgium9,557N/AN/AN/A0%
Poland303N/A0.3N/A-96.9%
Others46224.27.511.1-71.1%
Total10,75658.728590.3-79.7%

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

  1. Netherlands (2.7 tons)
  2. United States (1.8 tons)
  3. United Arab Emirates (1.3 tons)
  4. Ireland (0.8 tons)
  5. Hungary (0.8 tons)
  6. Sweden (0.5 tons)
  7. Italy (0.4 tons)

Source: IndexBox Market Intelligence Platform

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