Romania - Manufactured Tobacco, Extracts And Essences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Manufactured Tobacco, Extracts and Essences in Romania - 2023
Contents:
- Price for Manufactured Tobacco, Extracts and Essences in Romania (FOB) - 2022
- Price for Manufactured Tobacco, Extracts and Essences in Romania (CIF) - 2022
- Exports of Manufactured Tobacco, Extracts and Essences in Romania
- Imports of Manufactured Tobacco, Extracts and Essences in Romania
Price for Manufactured Tobacco, Extracts and Essences in Romania (FOB) - 2022
The average export price for manufactured tobacco, extracts and essences stood at $73,708 per ton in 2022, rising by 5.3% against the previous year. Over the period under review, the export price saw significant growth. The growth pace was the most rapid in 2017 an increase of 364%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($157,798 per ton), while the average price for exports to Turkey ($7,631 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 Hungary (+65.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Manufactured Tobacco, Extracts and Essences in Romania (CIF) - 2022
The average import price for manufactured tobacco, extracts and essences stood at $6,667 per ton in 2022, leveling off at the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manufactured tobacco, extracts and essences import price increased by +3.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 34%. Over the period under review, average import prices attained the maximum at $9,333 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($15,811 per ton), while the price for Belgium ($3,121 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Manufactured Tobacco, Extracts and Essences in Romania
Manufactured tobacco, extracts and essences exports from Romania reached 13K tons in 2022, surging by 5.6% on the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, manufactured tobacco, extracts and essences exports rose rapidly to $943M in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 146% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Manufactured Tobacco, Extracts and Essences in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 66.0 | 296 | 155 | 182 | 40.2% |
| Czech Republic | 41.8 | 4.0 | 181 | 156 | 55.1% |
| Lebanon | N/A | 5.8 | 8.1 | 96.2 | 307.3% |
| Poland | 53.7 | 137 | 108 | 87.3 | 17.6% |
| Hungary | 7.0 | 66.5 | 111 | 83.5 | 128.5% |
| Switzerland | N/A | N/A | 0.3 | 52.9 | 17533.3% |
| Croatia | 7.0 | 40.6 | 22.2 | 50.0 | 92.6% |
| Netherlands | 26.0 | 33.3 | 36.7 | 37.7 | 13.2% |
| Russia | 8.2 | 14.9 | 2.9 | 12.5 | 15.1% |
| Latvia | 45.7 | 41.5 | 11.0 | 7.6 | -45.0% |
| Turkey | N/A | 0.3 | 2.7 | 6.1 | 350.9% |
| Slovakia | 31.2 | 27.0 | 10.7 | 6.1 | -42.0% |
| Germany | 16.2 | 4.6 | 6.0 | 1.4 | -55.8% |
| Others | 6.6 | 89.7 | 192 | 163 | 191.2% |
| Total | 309 | 761 | 847 | 943 | 45.1% |
Top Export Markets for Manufactured Tobacco, Extracts and Essences from Romania in 2022:
- Switzerland (2006.8 tons)
- Croatia (1556.3 tons)
- Czech Republic (1442.8 tons)
- Netherlands (1302.4 tons)
- Poland (1280.5 tons)
- Hungary (822.1 tons)
- Turkey (795.9 tons)
- Lebanon (609.8 tons)
- Russia (607.3 tons)
- Japan (365.1 tons)
- Latvia (70.7 tons)
- Slovakia (57.0 tons)
- Germany (13.2 tons)
Imports of Manufactured Tobacco, Extracts and Essences in Romania
In 2022, approx. 8.5K tons of manufactured tobacco, extracts and essences were imported into Romania; increasing by 2.4% on the previous year's figure. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, manufactured tobacco, extracts and essences imports reached $57M in 2022. The total import value increased at an average annual rate of +3.3% 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 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Manufactured Tobacco, Extracts and Essences in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.3 | 23.2 | 26.9 | 29.6 | 5.4% |
| Turkey | 1.0 | 1.5 | 10.9 | 16.8 | 156.1% |
| Belgium | 3.4 | 2.3 | 2.3 | 1.9 | -17.6% |
| Italy | 6.1 | 1.8 | 2.6 | 1.7 | -34.7% |
| France | 0.2 | 1.6 | 3.2 | 1.6 | 100.0% |
| Netherlands | 8.3 | 6.9 | 5.5 | 0.7 | -56.1% |
| United States | 1.7 | 0.9 | 0.6 | 0.7 | -25.6% |
| Others | 5.3 | 2.4 | 3.4 | 3.5 | -12.9% |
| Total | 51.2 | 40.8 | 55.5 | 56.6 | 3.4% |
Top Suppliers of Manufactured Tobacco, Extracts and Essences to Romania in 2022:
- Germany (6.0K tons)
- Turkey (1.1K tons)
- Belgium (0.6K tons)
- France (0.4K tons)
- United States (0.2K tons)
- Netherlands (0.1K tons)
- Italy (0.1K tons)
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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
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In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
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In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
2440
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
2110
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
1015
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
2314
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
