Report Update: May 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

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

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

The average import price for manufactured tobacco, extracts and essences stood at $6,955 per ton in July 2023, surging by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in January 2023 an increase of 16% against the previous month. The import price peaked at $7,370 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($9,130 per ton), while the price for Malaysia ($3,513 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 Brazil (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Manufactured Tobacco, Extracts and Essences in Turkey (FOB) - 2023

The average export price for manufactured tobacco, extracts and essences stood at $6,214 per ton in July 2023, waning by -12.8% against the previous month. In general, the export price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in January 2023 an increase of 83% m-o-m. As a result, the export price reached the peak level of $11,660 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Romania ($18,934 per ton), while the average price for exports to Jordan ($2,124 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 Romania (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts and Essences in Turkey

Manufactured tobacco, extracts and essences imports into Turkey expanded remarkably to 29K tons in 2022, rising by 9.4% against the previous year. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, manufactured tobacco, extracts and essences imports contracted modestly to $160M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports reached the peak of $164M, and then declined slightly in the following year.

Import of Manufactured Tobacco, Extracts and Essences in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	74.4	60.0	69.8	69.4	-2.3%
Russia	19.4	34.5	23.2	33.6	20.1%
Germany	22.7	19.6	37.8	22.4	-0.4%
France	13.4	9.5	26.9	20.5	15.2%
Brazil	N/A	3.1	0.9	7.2	52.4%
Malaysia	3.0	3.1	1.1	2.3	-8.5%
United States	2.1	0.8	1.6	1.9	-3.3%
United Kingdom	16.9	1.3	N/A	N/A	-92.3%
Others	1.9	8.5	3.2	2.8	13.8%
Total	154	140	164	160	1.3%

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

Netherlands (11.4K tons)
Russia (7.1K tons)
France (3.3K tons)
Germany (3.1K tons)
Brazil (2.1K tons)
Malaysia (0.7K tons)
United States (0.5K tons)

Exports of Manufactured Tobacco, Extracts and Essences in Turkey

In 2022, the amount of manufactured tobacco, extracts and essences exported from Turkey skyrocketed to 3.7K tons, rising by 111% against the previous year's figure. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, manufactured tobacco, extracts and essences exports soared to $18M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Manufactured Tobacco, Extracts and Essences in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	2.3	3.0	0.3	11.4	70.5%
Iran	N/A	0.1	1.8	2.5	400.0%
Jordan	0.8	2.2	1.5	2.0	35.7%
Russia	N/A	N/A	N/A	1.4	0%
Germany	N/A	0.9	0.3	0.3	-42.3%
Poland	N/A	1.0	N/A	N/A	0%
Others	0.1	0.2	0.5	0.4	58.7%
Total	3.3	7.4	4.3	17.9	75.7%

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

Iran (1492.3 tons)
Jordan (1004.9 tons)
Romania (841.5 tons)
Russia (163.0 tons)
Germany (82.0 tons)
Poland (11.8 tons)

Source: IndexBox Market Intelligence Platform

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

Turkey

Data coverage:

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