Portugal - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTobacco Price in Portugal - 2023
Contents:
- Tobacco Price in Portugal (CIF) - 2022
- Tobacco Price in Portugal (FOB) - 2023
- Tobacco Imports in Portugal
- Tobacco Exports in Portugal
Tobacco Price in Portugal (CIF) - 2022
The average tobacco import price stood at $7,144 per ton in 2022, reducing by -53.5% against the previous year. In general, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of 55% against the previous year. The import price peaked at $15,360 per ton in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23,765 per ton), while the price for Malaysia ($2,715 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Price in Portugal (FOB) - 2023
The average tobacco export price stood at $10,907 per ton in July 2023, rising by 20% against the previous month. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 66% month-to-month. As a result, the export price reached the peak level of $11,705 per ton. From June 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Spain ($16,616 per ton), while the average price for exports to Senegal ($2,906 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Imports in Portugal
In 2022, overseas purchases of tobacco (smoking tobacco, chewing tobacco, snuff) decreased by -5% to 8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 8.2% against the previous year. As a result, imports reached the peak of 8.4K tons, and then shrank in the following year.
In value terms, tobacco imports dropped markedly to $57M in 2022. Overall, imports faced a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $129M, and then fell dramatically in the following year.
Import of Tobacco in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 31.5 | 33.0 | 32.0 | 37.0 | 5.5% |
Poland | 1.6 | 4.2 | 6.3 | 7.3 | 65.9% |
Belgium | 3.5 | 4.4 | 3.4 | 4.6 | 9.5% |
Germany | 3.2 | 4.4 | 4.9 | 3.5 | 3.0% |
Czech Republic | 1.0 | N/A | 1.2 | 1.2 | 6.3% |
Italy | 37.9 | 37.9 | 77.5 | 0.9 | -71.3% |
Malaysia | 3.4 | 0.1 | 0.5 | 0.1 | -69.1% |
Others | 5.4 | 2.5 | 3.6 | 2.5 | -22.6% |
Total | 87.3 | 86.5 | 129 | 57.1 | -13.2% |
Top Suppliers of Tobacco to Portugal in 2022:
- Netherlands (5299.4 tons)
- Belgium (1669.8 tons)
- Poland (460.5 tons)
- Czech Republic (150.6 tons)
- Germany (147.2 tons)
- Italy (54.3 tons)
- Malaysia (26.2 tons)
Tobacco Exports in Portugal
In 2022, overseas shipments of tobacco (smoking tobacco, chewing tobacco, snuff) were finally on the rise to reach 3.2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep slump.
In value terms, tobacco exports skyrocketed to $25M in 2022. In general, exports, however, recorded a perceptible downturn.
Export of Tobacco in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 11.4 | 10.5 | 10.9 | 11.8 | 1.2% |
Romania | 12.9 | 7.1 | 6.2 | 5.2 | -26.1% |
Ukraine | N/A | N/A | N/A | 3.9 | 0% |
Andorra | 1.5 | 1.5 | 0.9 | 1.5 | 0.0% |
Senegal | 0.6 | 0.7 | 1.3 | 0.8 | 10.1% |
Poland | N/A | 0.2 | N/A | 0.5 | 58.1% |
Czech Republic | N/A | 0.2 | 0.6 | 0.3 | 22.5% |
Netherlands | 0.7 | N/A | N/A | N/A | 0% |
Others | 1.3 | 2.4 | 1.6 | 1.1 | -5.4% |
Total | 28.3 | 22.6 | 21.4 | 25.2 | -3.8% |
Top Export Markets for Tobacco from Portugal in 2022:
- Romania (992.6 tons)
- Ukraine (803.6 tons)
- Spain (722.2 tons)
- Senegal (337.4 tons)
- Poland (101.2 tons)
- Czech Republic (68.9 tons)
- Andorra (63.3 tons)
- Netherlands (15.8 tons)
This report provides an in-depth analysis of the tobacco market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 12001930 - Smoking tobacco (excluding tobacco duty)
- Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tobacco market in Portugal.
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Portugal.
This report provides an in-depth analysis of the smoking tobacco market in Portugal.
This report provides an in-depth analysis of the global tobacco market.
This report provides an in-depth analysis of the global market for manufactured tobacco, extracts and essences.
Global Smoking Tobacco Market Report 2018. This report provides an in-depth analysis of the global smoking tobacco market.
This report provides an in-depth analysis of the tobacco market in Portugal.
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Portugal.
This report provides an in-depth analysis of the smoking tobacco market in Portugal.
This report provides an in-depth analysis of the global tobacco market.
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...