Tobacco Refuse Price in Croatia - 2023

Contents:

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

Tobacco Refuse Price in Croatia (CIF) - 2022

The average tobacco refuse import price stood at $1,323 per ton in 2022, increasing by 8.4% against the previous year. Over the period under review, the import price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 9.5% against the previous year. The import price peaked at $3,429 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,466 per ton) and Belgium ($1,420 per ton), while the price for Italy ($1,192 per ton) and the Netherlands ($1,294 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in Croatia (FOB) - 2022

The average tobacco refuse export price stood at $490 per ton in 2022, picking up by 10% against the previous year. In general, the export price showed strong growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 128% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($837 per ton), while the average price for exports to Serbia ($121 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 Russia (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Imports in Croatia

Tobacco refuse imports into Croatia reduced to 862 tons in 2022, falling by -11.7% on the year before. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 1.1% against the previous year.

In value terms, tobacco refuse imports shrank to $1.1M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 8.1%. As a result, imports attained the peak of $1.2M, and then fell modestly in the following year.

Import of Tobacco Refuse in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil22220623633614.8%
Zimbabwe18069.93282379.6%
Belgium334565274225-12.3%
Italy264160142182-11.7%
China121101174113-2.3%
NetherlandsN/AN/AN/A43.80%
Others36.4N/A37.73.5-54.2%
Total1,1571,1021,1921,141-0.5%

Top Suppliers of Tobacco Refuse to Croatia in 2022:

  1. Brazil (259.3 tons)
  2. Zimbabwe (178.2 tons)
  3. Belgium (158.6 tons)
  4. Italy (152.6 tons)
  5. China (76.8 tons)
  6. Netherlands (33.8 tons)

Tobacco Refuse Exports in Croatia

For the fourth consecutive year, Croatia recorded growth in overseas shipments of tobacco refuses, which increased by 68% to 3K tons in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 159% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tobacco refuse exports soared to $1.5M in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 157%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Tobacco Refuse in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/AN/AN/A4060%
Germany28.0112319378138.1%
RussiaN/AN/A17.11891005.3%
JordanN/AN/A172118-31.4%
France5.3N/A31.576.6143.6%
Hungary37.142.237.052.712.4%
Egypt13.933.017.844.847.7%
Serbia10.139.329.122.530.6%
Bosnia and Herzegovina44.732.984.2N/A37.2%
United StatesN/A163N/AN/A0%
Others36.027.884.918572.6%
Total1754507921,473103.4%

Top Export Markets for Tobacco Refuse from Croatia in 2022:

  1. Germany (1163.3 tons)
  2. Bulgaria (496.4 tons)
  3. France (387.1 tons)
  4. Russia (303.4 tons)
  5. Jordan (236.0 tons)
  6. Serbia (186.4 tons)
  7. Egypt (71.9 tons)
  8. Hungary (63.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco refuse - Croatia