Tobacco Refuse Price in Denmark - 2023
Contents:
- Tobacco Refuse Price in Denmark (CIF) - 2022
- Tobacco Refuse Price in Denmark (FOB) - 2022
- Tobacco Refuse Imports in Denmark
- Tobacco Refuse Exports in Denmark
Tobacco Refuse Price in Denmark (CIF) - 2022
The average tobacco refuse import price stood at $1,962 per ton in 2022, picking up by 31% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco refuse import price increased by +33.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 70%. Over the period under review, average import prices hit record highs at $2,078 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,382 per ton), while the price for Germany ($1,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Refuse Price in Denmark (FOB) - 2022
The average tobacco refuse export price stood at $1,514 per ton in 2021, shrinking by -21.7% against the previous year. In general, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 156%. As a result, the export price reached the peak level of $2,294 per ton. From 2017 to 2021, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to -0.5% per year.
Tobacco Refuse Imports in Denmark
In 2022, purchases abroad of tobacco refuses decreased by -17.6% to 424 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, imports reached the peak of 514 tons, and then fell notably in the following year.
In value terms, tobacco refuse imports expanded significantly to $831K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Tobacco Refuse in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 163 | 282 | 324 | 314 | 24.4% |
| Brazil | 46.5 | 150 | 207 | 278 | 81.5% |
| Germany | N/A | 84.6 | 179 | 121 | 19.6% |
| Netherlands | N/A | N/A | N/A | 118 | 0% |
| Russia | 126 | N/A | 16.7 | N/A | -63.6% |
| India | 108 | 15.4 | 43.8 | N/A | -36.3% |
| Others | 2.0 | 8.1 | 0.4 | N/A | -55.3% |
| Total | 446 | 540 | 772 | 831 | 23.1% |
Top Suppliers of Tobacco Refuse to Denmark in 2022:
- United States (164.4 tons)
- Brazil (116.9 tons)
- Germany (82.7 tons)
- Netherlands (59.7 tons)
Tobacco Refuse Exports in Denmark
Tobacco refuse exports from Denmark declined significantly to 15 tons in 2021, which is down by -15.7% on the previous year. Over the period under review, exports saw a precipitous decrease.
In value terms, tobacco refuse exports shrank notably to $23K in 2021. In general, exports continue to indicate a dramatic decrease. The smallest decline of -26.7% was in 2020.
| Export of Tobacco Refuse in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Netherlands | N/A | N/A | 23.0 | 0% | |
| Belgium | 31.6 | 34.8 | N/A | 10.1% | |
| United States | 15.8 | N/A | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 47.5 | 34.8 | 23.0 | -30.4% | |
Top Export Markets for Tobacco Refuse from Denmark in 2022:
- Netherlands (15.2 tons)
532
This report provides an in-depth analysis of the unmanufactured tobacco market in Denmark.
2603
This report provides an in-depth analysis of the global unmanufactured tobacco market.
532
This report provides an in-depth analysis of the unmanufactured tobacco market in Denmark.
2603
This report provides an in-depth analysis of the global unmanufactured tobacco market.
930
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
1188
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
2284
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
1451
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
930
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
