Price for Tobacco, Unmanufactured; Tobacco Refuse in Norway - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Norway (FOB) - 2022
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Norway (CIF) - 2022
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Norway
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Norway

Price for Tobacco, Unmanufactured; Tobacco Refuse in Norway (FOB) - 2022

The average tobacco, unmanufactured; tobacco refuse export price stood at $4,040 per ton in 2022, surging by 41% against the previous year. Over the period under review, the export price posted buoyant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 77%. As a result, the export price reached the peak level of $5,354 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($4,120 per ton), while the average price for exports to the Netherlands ($1,906 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 Denmark (-0.3%), while the prices for the other major destinations experienced a decline.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Norway (CIF) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $3,436 per ton, rising by 8.3% against the previous year. Overall, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 56%. As a result, import price reached the peak level of $6,074 per ton. From 2020 to 2022, the average 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 Denmark ($4,885 per ton), while the price for Belgium ($158 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-12.6%), while the prices for the other major suppliers experienced a decline.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Norway

In 2022, after three years of growth, there was significant decline in overseas shipments of tobacco, unmanufactured; tobacco refuses, when their volume decreased by -56.9% to 76 tons. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 354% against the previous year. As a result, the exports attained the peak of 175 tons, and then reduced sharply in the following year.

In value terms, tobacco, unmanufactured; tobacco refuse exports dropped markedly to $306K in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 360% against the previous year. As a result, the exports attained the peak of $502K, and then dropped sharply in the following year.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden37.947.44.310038.2%
Denmark11.727.80.549.361.5%
Netherlands1.32.30.225.4169.3%
IrelandN/A5.9N/AN/A0%
United Arab EmiratesN/AN/A493N/A0%
OthersN/A25.84.1131125.3%
Total50.910950230681.8%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Norway in 2022:

  1. Sweden (24.3 tons)
  2. Denmark (18.1 tons)
  3. Netherlands (13.3 tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Norway

In 2022, supplies from abroad of tobacco, unmanufactured; tobacco refuses decreased by -15.8% to 32 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 110% against the previous year.

In value terms, tobacco, unmanufactured; tobacco refuse imports reduced to $110K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark66.082.248.450.4-8.6%
Netherlands0.93.15.63.252.6%
Brazil7.99.55.62.1-35.7%
Dominican Republic0.10.14.01.9166.8%
United Kingdom3.34.32.71.1-30.7%
Sweden0.10.20.20.226.0%
Others0.10.154.151.2700.0%
Total78.499.512111012.0%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Norway in 2022:

  1. Denmark (10.3 tons)
  2. Netherlands (4.4 tons)
  3. Brazil (2.9 tons)
  4. Dominican Republic (2.6 tons)
  5. Sweden (0.7 tons)
  6. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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