Report Update: Apr 28, 2024

Ireland - Manufactured Tobacco, Extracts And Essences - Market Analysis, Forecast, Size, Trends And Insights

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Price for Manufactured Tobacco, Extracts and Essences in Ireland - 2023

Price for Manufactured Tobacco, Extracts and Essences in Ireland (FOB) - 2022

In 2022, the average export price for manufactured tobacco, extracts and essences amounted to $110,533 per ton, with a decrease of -9.4% against the previous year. Overall, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 515% against the previous year. As a result, the export price reached the peak level of $122,030 per ton, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($476,171 per ton), while the average price for exports to India ($17,140 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 Egypt (+509.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Manufactured Tobacco, Extracts and Essences in Ireland (CIF) - 2023

The average import price for manufactured tobacco, extracts and essences stood at $58,994 per ton in July 2023, which is down by -44.9% against the previous month. Over the period under review, the import price continues to indicate a deep contraction. The growth pace was the most rapid in November 2022 an increase of 70% m-o-m. The import price peaked at $155K per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($101K per ton), while the price for the UK amounted to $14,234 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.6%).

Exports of Manufactured Tobacco, Extracts and Essences in Ireland

For the fourth year in a row, Ireland recorded growth in shipments abroad of manufactured tobacco, extracts and essences, which increased by 31% to 7.9 tons in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,179% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, manufactured tobacco, extracts and essences exports soared to $877K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 32,449%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Manufactured Tobacco, Extracts and Essences in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	N/A	N/A	608	0%
Egypt	N/A	N/A	376	266	-29.3%
India	N/A	N/A	N/A	2.7	0%
Others	0.9	2.3	364	0.1	-51.9%
Total	0.9	2.3	741	877	891.4%

Top Export Markets for Manufactured Tobacco, Extracts and Essences from Ireland in 2022:

United Arab Emirates (7.2 tons)
Egypt (0.6 tons)
India (0.2 tons)

Imports of Manufactured Tobacco, Extracts and Essences in Ireland

In 2022, overseas purchases of manufactured tobacco, extracts and essences were finally on the rise to reach 20 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a dramatic contraction.

In value terms, manufactured tobacco, extracts and essences imports rose slightly to $318K in 2022. Overall, imports, however, faced a sharp setback.

Import of Manufactured Tobacco, Extracts and Essences in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	439	271	81.1	245	-17.7%
Poland	N/A	N/A	146	72.4	-50.4%
Sweden	N/A	289	74.1	N/A	-74.4%
India	15.9	219	0.2	N/A	-88.8%
Netherlands	4,929	N/A	N/A	N/A	0%
Others	70.3	0.7	8.7	0.6	-79.6%
Total	5,454	780	310	318	-61.2%

Top Suppliers of Manufactured Tobacco, Extracts and Essences to Ireland in 2022:

United Kingdom (18.9 tons)
Poland (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Ireland. 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:

Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023