Tobacco Refuse Price in Belgium - 2023
Contents:
- Tobacco Refuse Price in Belgium (FOB) - 2023
- Tobacco Refuse Price in Belgium (CIF) - 2022
- Tobacco Refuse Exports in Belgium
- Tobacco Refuse Imports in Belgium
Tobacco Refuse Price in Belgium (FOB) - 2023
In July 2023, the average tobacco refuse export price amounted to $1,077 per ton, increasing by 9.6% against the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 37% month-to-month. Over the period under review, the average export prices attained the maximum at $1,279 per ton in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1,353 per ton), while the average price for exports to Germany ($650 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 Malaysia (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Refuse Price in Belgium (CIF) - 2022
The average tobacco refuse import price stood at $698 per ton in 2022, surging by 19% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. Over the period under review, average import prices hit record highs at $1,083 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($1,072 per ton), while the price for Poland ($160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Tobacco Refuse Exports in Belgium
In 2022, overseas shipments of tobacco refuses decreased by -70.1% to 9.9K tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 3,292%. As a result, the exports attained the peak of 39K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, tobacco refuse exports fell sharply to $9.9M in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 3,119% against the previous year. As a result, the exports attained the peak of $39M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Tobacco Refuse in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 12.9 | 7.0 | -45.7% |
| Turkey | N/A | N/A | 3.7 | 1.5 | -59.5% |
| Luxembourg | 0.3 | 16.8 | 1.3 | 0.6 | 26.0% |
| Nigeria | N/A | N/A | 1.8 | 0.5 | -72.2% |
| Switzerland | 0.6 | 13.3 | N/A | N/A | 2116.7% |
| Others | 0.4 | 9.1 | 9.1 | 0.3 | -9.1% |
| Total | 1.2 | 39.3 | 28.7 | 9.9 | 102.1% |
Top Export Markets for Tobacco Refuse from Belgium in 2022:
- Russia (6.5K tons)
- Turkey (2.1K tons)
- Nigeria (0.5K tons)
- Luxembourg (0.5K tons)
Tobacco Refuse Imports in Belgium
In 2022, overseas purchases of tobacco refuses decreased by -85.9% to 4.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,025%.
In value terms, tobacco refuse imports contracted significantly to $3.1M in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,152%. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Tobacco Refuse in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 1.1 | N/A | 1,453 | 996 | 867.4% |
| Malawi | 64.0 | 1,930 | 1,219 | 491 | 97.2% |
| Tanzania | 158 | 3,287 | 291 | 329 | 27.7% |
| Brazil | 20.3 | 440 | 698 | 264 | 135.2% |
| Zambia | 96.9 | 1,167 | 624 | 175 | 21.8% |
| Italy | 226 | 1,708 | 3,051 | 169 | -9.2% |
| United States | 178 | 2,621 | 1,561 | 164 | -2.7% |
| Zimbabwe | 277 | 882 | 5,854 | 117 | -25.0% |
| Indonesia | 148 | 1,067 | 1,012 | 75.2 | -20.2% |
| Netherlands | 79.0 | 476 | 879 | 30.6 | -27.1% |
| Mozambique | N/A | 372 | N/A | N/A | 0% |
| Others | 439 | 7,152 | 1,840 | 298 | -12.1% |
| Total | 1,686 | 21,103 | 18,482 | 3,108 | 22.6% |
Top Suppliers of Tobacco Refuse to Belgium in 2022:
- Bangladesh (929.1 tons)
- Malawi (837.8 tons)
- Tanzania (712.0 tons)
- Brazil (454.1 tons)
- Italy (269.7 tons)
- Zambia (262.1 tons)
- United States (215.2 tons)
- Zimbabwe (161.3 tons)
- Indonesia (37.0 tons)
- Netherlands (29.1 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Belgium.
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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 Belgium.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
906
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.
