Tobacco Refuse Price in Italy - 2023
Contents:
- Tobacco Refuse Price in Italy (FOB) - 2023
- Tobacco Refuse Price in Italy (CIF) - 2022
- Tobacco Refuse Exports in Italy
- Tobacco Refuse Imports in Italy
Tobacco Refuse Price in Italy (FOB) - 2023
In July 2023, the average tobacco refuse export price amounted to $1,283 per ton, shrinking by -37.8% against the previous month. In general, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 55% month-to-month. The export price peaked at $2,941 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Slovakia ($5,599 per ton), while the average price for exports to Hungary ($450 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 Bulgaria (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Refuse Price in Italy (CIF) - 2022
The average tobacco refuse import price stood at $1,855 per ton in 2022, rising by 17% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 52%. Over the period under review, average import prices reached the maximum at $4,217 per ton in 2013; however, from 2014 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 Indonesia ($4,393 per ton), while the price for Brazil ($749 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+80.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Refuse Exports in Italy
In 2022, tobacco refuse exports from Italy soared to 14K tons, with an increase of 17% compared with 2021 figures. In general, exports, however, recorded a slight descent.
In value terms, tobacco refuse exports skyrocketed to $11M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Tobacco Refuse in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 3,732 | 2,561 | 2,795 | 1,898 | -20.2% |
Poland | N/A | N/A | 15.5 | 1,592 | 10171.0% |
Latvia | N/A | 30.3 | 283 | 1,016 | 479.1% |
Netherlands | 1,109 | 1,335 | 1,545 | 945 | -5.2% |
Indonesia | N/A | N/A | 38.8 | 685 | 1665.5% |
Germany | 740 | 779 | 1,103 | 549 | -9.5% |
Hungary | 130 | 274 | 312 | 503 | 57.0% |
Ukraine | 2,883 | 587 | N/A | 483 | -44.9% |
Russia | 368 | 202 | 229 | 369 | 0.1% |
Jordan | N/A | N/A | N/A | 349 | 0% |
Lithuania | N/A | 30.1 | 15.5 | 306 | 218.8% |
France | 208 | 174 | 565 | 305 | 13.6% |
Serbia | 288 | 222 | 167 | 229 | -7.4% |
Others | 713 | 1,611 | 2,490 | 2,236 | 46.4% |
Total | 10,172 | 7,805 | 9,559 | 11,465 | 4.1% |
Top Export Markets for Tobacco Refuse from Italy in 2022:
- Belgium (2.8K tons)
- Poland (1.6K tons)
- Hungary (1.0K tons)
- Germany (1.0K tons)
- Indonesia (0.8K tons)
- Ukraine (0.7K tons)
- Netherlands (0.7K tons)
- Latvia (0.7K tons)
- Russia (0.7K tons)
- France (0.6K tons)
- Jordan (0.5K tons)
- Serbia (0.4K tons)
- Lithuania (0.4K tons)
Tobacco Refuse Imports in Italy
Tobacco refuse imports into Italy shrank notably to 1.7K tons in 2022, declining by -36.2% compared with the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 182%. As a result, imports attained the peak of 2.6K tons, and then dropped remarkably in the following year.
In value terms, tobacco refuse imports dropped remarkably to $3.1M in 2022. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, imports reached the peak of $4.1M, and then shrank dramatically in the following year.
Import of Tobacco Refuse in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | N/A | N/A | 694 | 845 | 21.8% |
Indonesia | 300 | 336 | 355 | 497 | 18.3% |
Sri Lanka | 415 | 384 | 245 | 479 | 4.9% |
Mozambique | N/A | N/A | 66.8 | 450 | 573.7% |
United States | 215 | 199 | 130 | 197 | -2.9% |
Dominican Republic | 183 | 292 | 290 | 196 | 2.3% |
India | N/A | N/A | 541 | 154 | -71.5% |
Pakistan | 43.6 | N/A | 17.9 | 72.0 | 18.2% |
Lithuania | N/A | N/A | N/A | 49.4 | 0% |
Brazil | 102 | 21.5 | 922 | 45.6 | -23.5% |
Serbia | 15.2 | 10.8 | 14.9 | 33.1 | 29.6% |
Belgium | 689 | 533 | 267 | N/A | -37.7% |
Poland | 67.7 | 20.0 | N/A | N/A | -70.5% |
Others | 383 | 276 | 603 | 75.3 | -41.9% |
Total | 2,415 | 2,072 | 4,146 | 3,092 | 8.6% |
Top Suppliers of Tobacco Refuse to Italy in 2022:
- Mozambique (479.0 tons)
- Greece (472.0 tons)
- India (139.2 tons)
- Sri Lanka (122.5 tons)
- Indonesia (113.2 tons)
- Brazil (60.9 tons)
- Pakistan (58.5 tons)
- Lithuania (56.8 tons)
- Dominican Republic (53.0 tons)
- United States (50.9 tons)
- Serbia (32.2 tons)
This report provides an in-depth analysis of the unmanufactured tobacco market in Italy.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
This report provides an in-depth analysis of the unmanufactured tobacco market in Italy.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.