Tobacco Refuse Price in Latvia - 2022

Contents:

  1. Tobacco Refuse Price in Latvia (CIF) - 2022
  2. Tobacco Refuse Imports in Latvia

Tobacco Refuse Price in Latvia (CIF) - 2022

The average tobacco refuse import price stood at $3,200 per ton in 2022, with an increase of 40% against the previous year. In general, import price indicated a significant increase from 2021 to 2022: its price increased at an average annual rate of +40.0% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Estonia.

From 2021 to 2022, the rate of growth in terms of prices for Estonia amounted to 0.0% per year.

Tobacco Refuse Imports in Latvia

In 2022, the amount of tobacco refuses imported into Latvia fell rapidly to 50 kg, waning by -92.3% on the year before. Overall, imports recorded a significant curtailment.

In value terms, tobacco refuse imports shrank dramatically to $160 in 2022. Over the period under review, imports showed a dramatic decrease.

Import of Tobacco Refuse in Latvia (USD)
COUNTRY20212022CAGR,
2021-2022
EstoniaN/A1600%
Italy1,488N/A0%
OthersN/AN/A0%
Total1,488160-89.2%

Top Suppliers of Tobacco Refuse to Latvia in 2022:

  1. Estonia (50.0 kg)

Source: IndexBox Market Intelligence Platform

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