Tobacco Refuse Price in Greece - 2023

Contents:

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

Tobacco Refuse Price in Greece (FOB) - 2023

In July 2023, the average tobacco refuse export price amounted to $785 per ton, falling by -2% against the previous month. Overall, the export price, however, saw a pronounced increase. The most prominent rate of growth was recorded in February 2023 an increase of 83% m-o-m. Over the period under review, the average export prices attained the maximum at $1,222 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,067 per ton), while the average price for exports to Russia ($242 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 Serbia (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Price in Greece (CIF) - 2023

In July 2023, the average tobacco refuse import price amounted to $832 per ton, waning by -6.1% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 58% m-o-m. As a result, import price reached the peak level of $1,183 per ton. From January 2023 to July 2023, the average 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 Pakistan ($1,385 per ton), while the price for China stood at $752 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Exports in Greece

For the fourth year in a row, Greece recorded growth in shipments abroad of tobacco refuses, which increased by 136% to 4.9K tons in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse exports soared to $3.1M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tobacco Refuse from Greece in 2022:

1. Bulgaria (1051.3 tons)
2. Serbia (902.0 tons)
3. Russia (807.5 tons)
4. Jordan (376.7 tons)
5. Azerbaijan (317.2 tons)
6. Georgia (234.3 tons)
7. Turkey (195.1 tons)
8. United Arab Emirates (189.5 tons)
9. Italy (173.3 tons)
10. Moldova (118.8 tons)
11. France (100.8 tons)
12. Indonesia (79.0 tons)
13. Hungary (78.0 tons)

Tobacco Refuse Imports in Greece

In 2022, imports of tobacco refuses into Greece skyrocketed to 2.8K tons, with an increase of 53% against the previous year. Over the period under review, imports showed a significant increase. 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 $1.8M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tobacco Refuse to Greece in 2022:

1. Italy (1021.8 tons)
2. China (669.2 tons)
3. Serbia (296.6 tons)
4. Argentina (215.6 tons)
5. Spain (147.8 tons)
6. Brazil (136.0 tons)
7. Zimbabwe (86.2 tons)
8. Mozambique (18.4 tons)

Source: IndexBox Market Intelligence Platform