Tobacco Refuse Price in the UK - 2023
Contents:
- Tobacco Refuse Price in the UK (CIF) - 2022
- Tobacco Refuse Price in the UK (FOB) - 2022
- Tobacco Refuse Imports in the UK
- Tobacco Refuse Exports in the UK
Tobacco Refuse Price in the UK (CIF) - 2022
In 2022, the average tobacco refuse import price amounted to $1,322 per ton, which is down by -50.8% against the previous year. Over the period under review, the import price, however, posted a perceptible increase. The growth pace was the most rapid in 2020 when the average import price increased by 120% against the previous year. As a result, import price attained the peak level of $3,132 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,338 per ton), while the price for Brazil amounted to $1,200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Refuse Price in the UK (FOB) - 2022
In 2022, the average tobacco refuse export price amounted to $790 per ton, reducing by -28.1% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco refuse export price decreased by -39.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 17%. As a result, the export price reached the peak level of $1,310 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +18.7% per year.
Tobacco Refuse Imports in the UK
In 2022, approx. 18 tons of tobacco refuses were imported into the UK; with an increase of 1.9% against 2021. Over the period under review, imports, however, faced a sharp setback. The growth pace was the most rapid in 2021 when imports increased by 10%.
In value terms, tobacco refuse imports declined markedly to $23K in 2022. In general, imports, however, showed a dramatic decrease. The smallest decline of -5.2% was in 2021.
| Import of Tobacco Refuse in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 7.9 | 20.7 | 162.0% |
| Brazil | 12.0 | 0.1 | N/A | 2.5 | -40.7% |
| Belgium | 12.5 | 1.0 | 4.0 | N/A | -43.4% |
| Greece | 59.1 | 5.2 | N/A | N/A | -91.2% |
| Poland | 83.9 | 5.7 | 1.6 | N/A | -86.2% |
| Others | 4.5 | 36.9 | 32.8 | N/A | 170.0% |
| Total | 172 | 48.8 | 46.3 | 23.2 | -48.7% |
Top Suppliers of Tobacco Refuse to the UK in 2022:
- Italy (15.5 tons)
- Brazil (2.0 tons)
Tobacco Refuse Exports in the UK
In 2022, shipments abroad of tobacco refuses was finally on the rise to reach 40 tons after two years of decline. In general, exports, however, showed a precipitous contraction.
In value terms, tobacco refuse exports fell to $32K in 2022. Overall, exports, however, saw a precipitous descent.
| Export of Tobacco Refuse in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 0.3 | N/A | 31.8 | 929.6% |
| Romania | N/A | N/A | 26.8 | N/A | 0% |
| Hungary | 597 | 51.6 | N/A | N/A | -91.4% |
| Others | 6.0 | 94.7 | 8.3 | N/A | 17.6% |
| Total | 603 | 147 | 35.1 | 31.8 | -62.5% |
Top Export Markets for Tobacco Refuse from the UK in 2022:
- Netherlands (40.3 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in the UK.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in the UK.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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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
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
