Tobacco Refuse Price in Bulgaria - 2023

Contents:

  1. Tobacco Refuse Price in Bulgaria (CIF) - 2023
  2. Tobacco Refuse Price in Bulgaria (FOB) - 2022
  3. Tobacco Refuse Imports in Bulgaria
  4. Tobacco Refuse Exports in Bulgaria

Tobacco Refuse Price in Bulgaria (CIF) - 2023

The average tobacco refuse import price stood at $839 per ton in June 2023, reducing by -1.6% against the previous month. In general, import price indicated a prominent expansion from June 2022 to June 2023: its price increased at an average monthly rate of +5.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, tobacco refuse import price increased by +62.0% against December 2022 indices. The most prominent rate of growth was recorded in July 2022 an increase of 27% m-o-m. Over the period under review, average import prices reached the maximum at $852 per ton in May 2023, and then reduced slightly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Bangladesh ($1,211 per ton), while the price for Poland ($568 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 Croatia (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in Bulgaria (FOB) - 2022

The average tobacco refuse export price stood at $812 per ton in 2022, dropping by -13.2% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 52%. Over the period under review, the average export prices reached the maximum at $1,617 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 Ukraine ($1,458 per ton), while the average price for exports to Serbia ($285 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 Greece (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Tobacco Refuse Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in purchases abroad of tobacco refuses, which increased by 95% to 2K tons in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse imports skyrocketed to $987K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco Refuse in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece10218335139957.6%
Croatia8.625.874.6372251.0%
Italy49.834.416.014743.4%
PolandN/A8.4N/A32.897.6%
Serbia57.19.522.220.4-29.0%
India54.0N/AN/A15.0-34.8%
MalawiN/A59.7N/A0.1-95.9%
Tanzania63.032.1N/AN/A-49.0%
Others56.911410.10.2-84.8%
Total39146747498736.2%

Top Suppliers of Tobacco Refuse to Bulgaria in 2022:

  1. Malawi (undefined tons)
  2. Greece (804.5 tons)
  3. Croatia (746.5 tons)
  4. Italy (295.2 tons)
  5. Poland (84.4 tons)
  6. Serbia (40.8 tons)
  7. India (14.4 tons)

Tobacco Refuse Exports in Bulgaria

In 2022, the amount of tobacco refuses exported from Bulgaria soared to 1.3K tons, increasing by 287% on the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse exports soared to $1.1M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco Refuse in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10574.954.473691.4%
Hungary1.0N/A41.379.5330.0%
UkraineN/AN/A43.077.079.1%
TurkeyN/AN/AN/A70.00%
SwitzerlandN/A19.060.145.254.2%
United States6.318.610.225.559.4%
Serbia35.612.72.415.1-24.9%
OthersN/A4.31023.3-12.4%
Total1481293131,05192.2%

Top Export Markets for Tobacco Refuse from Bulgaria in 2022:

  1. Russia (835.4 tons)
  2. Turkey (177.5 tons)
  3. Hungary (56.0 tons)
  4. United States (53.8 tons)
  5. Switzerland (53.8 tons)
  6. Serbia (52.9 tons)
  7. Ukraine (52.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco refuse - Bulgaria