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Bulgaria - Unmanufactured Tobacco - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUnmanufactured Tobacco Price in Bulgaria - 2023
Contents:
- Unmanufactured Tobacco Price in Bulgaria (FOB) - 2023
- Unmanufactured Tobacco Price in Bulgaria (CIF) - 2023
- Unmanufactured Tobacco Exports in Bulgaria
- Unmanufactured Tobacco Imports in Bulgaria
Unmanufactured Tobacco Price in Bulgaria (FOB) - 2023
The average unmanufactured tobacco export price stood at $4,523 per ton in July 2023, which is down by -27.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 32% month-to-month. The export price peaked at $6,546 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($9,161 per ton), while the average price for exports to Belgium ($1,838 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 Russia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Unmanufactured Tobacco Price in Bulgaria (CIF) - 2023
In July 2023, the average unmanufactured tobacco import price amounted to $4,513 per ton, reducing by -6.5% against the previous month. Over the period under review, import price indicated a noticeable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, unmanufactured tobacco import price increased by +2.1% against May 2023 indices. The pace of growth appeared the most rapid in November 2022 an increase of 54% month-to-month. The import price peaked at $4,838 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($8,935 per ton), while the price for Pakistan ($1,868 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Croatia (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Unmanufactured Tobacco Exports in Bulgaria
In 2022, the amount of tobacco (unmanufactured) exported from Bulgaria amounted to 24K tons, therefore, remained relatively stable against 2021. Overall, exports, however, continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 2.3% against the previous year.
In value terms, unmanufactured tobacco exports fell to $114M in 2022. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5.4% against the previous year.
Export of Unmanufactured Tobacco in Bulgaria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 16.0 | 18.3 | 20.5 | 17.1 | 2.2% |
Ukraine | 2.6 | 6.7 | 8.1 | 10.6 | 59.8% |
United States | 20.4 | 16.2 | 16.5 | 8.9 | -24.2% |
Greece | 11.0 | 7.5 | 10.8 | 8.3 | -9.0% |
Germany | 10.1 | 9.9 | 7.7 | 7.3 | -10.3% |
Poland | 2.4 | 5.1 | 2.6 | 6.2 | 37.2% |
Russia | 14.4 | 8.7 | 7.3 | 5.9 | -25.7% |
North Macedonia | 9.8 | 6.5 | 7.5 | 5.4 | -18.0% |
Romania | 8.1 | 7.4 | 7.6 | 4.8 | -16.0% |
Egypt | 1.4 | N/A | N/A | 3.7 | 38.3% |
Croatia | 4.3 | 4.6 | 5.2 | 3.4 | -7.5% |
Hungary | 4.8 | 4.8 | 3.3 | 3.3 | -11.7% |
Slovenia | 2.5 | 0.2 | 1.9 | 2.6 | 1.3% |
Others | 29.1 | 28.6 | 32.3 | 26.1 | -3.6% |
Total | 137 | 125 | 131 | 114 | -5.9% |
Top Export Markets for Unmanufactured Tobacco from Bulgaria in 2022:
- Ukraine (3.1K tons)
- Belgium (2.6K tons)
- Germany (1.9K tons)
- Russia (1.9K tons)
- Greece (1.7K tons)
- Poland (1.2K tons)
- United States (1.2K tons)
- Egypt (1.0K tons)
- North Macedonia (1.0K tons)
- Hungary (0.9K tons)
- Romania (0.7K tons)
- Slovenia (0.6K tons)
- Croatia (0.6K tons)
Unmanufactured Tobacco Imports in Bulgaria
In 2022, the amount of tobacco (unmanufactured) imported into Bulgaria expanded notably to 25K tons, with an increase of 5.8% compared with the year before. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, unmanufactured tobacco imports expanded rapidly to $92M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Unmanufactured Tobacco in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 27.3 | 26.2 | 33.4 | 27.5 | 0.2% |
North Macedonia | 24.4 | 9.9 | 17.2 | 15.2 | -14.6% |
Lebanon | 8.1 | 7.6 | 14.6 | 9.0 | 3.6% |
Brazil | 3.0 | 3.3 | 3.3 | 8.4 | 40.9% |
Italy | 2.9 | 1.2 | 0.2 | 4.4 | 14.9% |
India | 4.5 | 3.1 | 1.7 | 4.4 | -0.7% |
China | 1.5 | 2.0 | 3.7 | 4.3 | 42.1% |
Serbia | 3.1 | 2.4 | 3.1 | 3.5 | 4.1% |
Pakistan | 0.3 | 1.3 | 2.2 | 3.1 | 117.8% |
Zimbabwe | 1.5 | 2.1 | 1.0 | 1.8 | 6.3% |
Croatia | 2.4 | 1.3 | 1.9 | 1.4 | -16.4% |
Others | 8.9 | 5.1 | 4.7 | 8.9 | 0.0% |
Total | 88.0 | 65.6 | 86.9 | 91.9 | 1.5% |
Top Suppliers of Unmanufactured Tobacco to Bulgaria in 2022:
- Greece (7.0K tons)
- Lebanon (2.9K tons)
- North Macedonia (2.8K tons)
- India (1.7K tons)
- Brazil (1.6K tons)
- Pakistan (1.5K tons)
- China (1.5K tons)
- Italy (1.3K tons)
- Serbia (1.1K tons)
- Croatia (1.0K tons)
- Zimbabwe (0.4K tons)
This report provides an in-depth analysis of the unmanufactured tobacco market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 826 - Tobacco leaves
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the unmanufactured tobacco market in Bulgaria.
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 Bulgaria.
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.