Tobacco Refuse Price in Spain - 2023

Contents:

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

Tobacco Refuse Price in Spain (FOB) - 2022

The average tobacco refuse export price stood at $618 per ton in 2022, with a decrease of -32.8% against the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, the export price attained the peak level of $921 per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($795 per ton), while the average price for exports to France ($290 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Price in Spain (CIF) - 2022

The average tobacco refuse import price stood at $2,789 per ton in 2022, waning by -28.3% against the previous year. In general, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 91%. The import price peaked at $3,888 per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Dominican Republic ($4,772 per ton), while the price for Mexico ($254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+46.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Exports in Spain

In 2022, approx. 4.7K tons of tobacco refuses were exported from Spain; declining by -13.7% compared with the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, the exports attained the peak of 5.5K tons, and then shrank in the following year.

In value terms, tobacco refuse exports reduced dramatically to $2.9M in 2022. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 107%. As a result, the exports attained the peak of $5.1M, and then declined dramatically in the following year.

Export of Tobacco Refuse in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland55352435586516.1%
Belgium50.53602,083804151.6%
Cote d'Ivoire567N/A6607137.9%
United States36.441.715.317568.8%
Portugal803966369127-45.9%
North Macedonia32352.7120126-26.9%
France28.6N/A14874.737.7%
Germany4036.82.89.8-71.0%
Russia251141192N/A-12.5%
UkraineN/AN/A444N/A0%
Others41035967741.4-53.4%
Total3,4262,4515,0662,937-5.0%

Top Export Markets for Tobacco Refuse from Spain in 2022:

  1. Poland (1589.0 tons)
  2. Belgium (1119.1 tons)
  3. Cote d'Ivoire (1075.2 tons)
  4. France (257.7 tons)
  5. United States (220.2 tons)
  6. North Macedonia (217.0 tons)
  7. Portugal (192.1 tons)
  8. Germany (14.1 tons)

Tobacco Refuse Imports in Spain

In 2022, approx. 420 tons of tobacco refuses were imported into Spain; rising by 87% compared with 2021 figures. In general, imports, however, saw a abrupt decline.

In value terms, tobacco refuse imports skyrocketed to $1.2M in 2022. Over the period under review, imports, however, showed a perceptible shrinkage.

Import of Tobacco Refuse in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic3903483854545.2%
Belgium0.10.30.12841316.1%
Brazil13172.490.127427.9%
PhilippinesN/AN/AN/A80.60%
Indonesia10.836.011.239.453.9%
United States2524460.24.9-73.1%
Sri Lanka13.614.112.64.5-30.8%
Mexico13.55.72.32.1-46.2%
Malawi311N/AN/A0.3-90.1%
IndiaN/A45.60.9N/A-98.0%
Others12942537226.5-41.0%
Total1,2501,3938751,171-2.2%

Top Suppliers of Tobacco Refuse to Spain in 2022:

  1. Belgium (99.5 tons)
  2. Dominican Republic (95.2 tons)
  3. Philippines (92.2 tons)
  4. Brazil (81.6 tons)
  5. Indonesia (13.9 tons)
  6. Sri Lanka (11.4 tons)
  7. Mexico (8.4 tons)
  8. United States (4.2 tons)
  9. Malawi (0.2 tons)

Source: IndexBox Market Intelligence Platform

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