Tobacco Refuse Price in France - 2023

Contents:

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

Tobacco Refuse Price in France (CIF) - 2023

The average tobacco refuse import price stood at $847 per ton in July 2023, remaining constant against the previous month. In general, import price indicated temperate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tobacco refuse import price increased by +15.9% against May 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 23% against the previous month. The import price peaked at $896 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($1,022 per ton), while the price for Japan ($331 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brazil (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in France (FOB) - 2022

The average tobacco refuse export price stood at $304 per ton in 2022, dropping by -82.2% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 170% against the previous year. The export price peaked at $1,708 per ton in 2021, and then contracted significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +32.5% per year.

Tobacco Refuse Imports in France

In 2022, approx. 34K tons of tobacco refuses were imported into France; picking up by 16% against the previous year. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse imports expanded rapidly to $20M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco Refuse in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A6.17.28.820.1%
China5.15.55.33.6-11.0%
Japan0.70.40.42.450.8%
Brazil1.21.11.01.0-5.9%
United States2.30.80.20.9-26.9%
India0.60.60.60.75.3%
Zimbabwe0.61.50.30.5-5.9%
Italy1.80.10.30.3-45.0%
Poland0.50.20.30.3-15.7%
Malawi1.2N/AN/A0.2-45.0%
Others3.02.71.60.9-33.1%
Total17.119.017.319.64.7%

Top Suppliers of Tobacco Refuse to France in 2022:

  1. Belgium (15.0K tons)
  2. Brazil (4.1K tons)
  3. China (3.7K tons)
  4. Japan (3.6K tons)
  5. India (1.7K tons)
  6. Poland (1.5K tons)
  7. United States (0.9K tons)
  8. Italy (0.8K tons)
  9. Zimbabwe (0.6K tons)
  10. Malawi (0.3K tons)

Tobacco Refuse Exports in France

In 2022, exports of tobacco refuses from France soared to 51 tons, rising by 1,639% on 2021 figures. Overall, exports, however, saw a dramatic decline.

In value terms, tobacco refuse exports skyrocketed to $15K in 2022. In general, exports, however, saw a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 465% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Tobacco Refuse in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States79.980.20.114.5-43.4%
Russia14.644.6N/AN/A205.5%
JordanN/A68.1N/AN/A0%
Germany25.6N/AN/AN/A0%
Morocco28.5N/AN/AN/A0%
PolandN/A1,0220.8N/A-99.9%
Belarus47.6N/AN/AN/A0%
Others21.615.24.00.8-66.7%
Total2181,2305.015.4-58.7%

Top Export Markets for Tobacco Refuse from France in 2022:

  1. United States (50.5 tons)

Source: IndexBox Market Intelligence Platform

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