Price for Tobacco; "Homogenised" or "Reconstituted" in Greece - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Greece (CIF) - 2023
- Price for Tobacco; "Homogenised" or "Reconstituted" in Greece (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Greece
- Exports of Tobacco; "Homogenised" or "Reconstituted" in Greece
Price for Tobacco; "Homogenised" or "Reconstituted" in Greece (CIF) - 2023
In June 2023, the average tobacco; "homogenised" or "reconstituted" import price amounted to $4,502 per ton, waning by -18.7% against the previous month. Over the period under review, the import price, however, recorded a remarkable increase. The pace of growth was the most pronounced in October 2022 an increase of 10,025% month-to-month. As a result, import price reached the peak level of $232K per ton. From November 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9,972 per ton), while the price for France amounted to $2,502 per ton.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.0%).
Price for Tobacco; "Homogenised" or "Reconstituted" in Greece (FOB) - 2022
The average tobacco; "homogenised" or "reconstituted" export price stood at $1,922 per ton in 2022, waning by -22.5% against the previous year. In general, the export price faced a sharp decline. The most prominent rate of growth was recorded in 2015 an increase of 57% against the previous year. The export price peaked at $74,743 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,993 per ton), while the average price for exports to Switzerland ($1,886 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-8.1%), while the prices for the other major destinations experienced a decline.
Imports of Tobacco; "Homogenised" or "Reconstituted" in Greece
In 2022, approx. 2K tons of tobacco; "homogenised" or "reconstituted"s were imported into Greece; growing by 60% compared with the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tobacco; "homogenised" or "reconstituted" imports soared to $6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tobacco; "Homogenised" or "Reconstituted" in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.4 | 3.4 | 3.6 | 5.4 | 16.7% |
| Germany | 0.1 | N/A | N/A | 0.5 | 71.0% |
| South Korea | N/A | 0.3 | N/A | N/A | 0% |
| Others | 0.5 | 0.5 | 0.4 | 0.1 | -41.5% |
| Total | 4.0 | 4.3 | 4.0 | 6.0 | 14.5% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Greece in 2022:
- France (1839.7 tons)
- Germany (153.3 tons)
Exports of Tobacco; "Homogenised" or "Reconstituted" in Greece
In 2022, the amount of tobacco; "homogenised" or "reconstituted"s exported from Greece rose notably to 18 tons, picking up by 6.9% against 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 12,440%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, tobacco; "homogenised" or "reconstituted" exports contracted notably to $34K in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 7,924%. As a result, the exports attained the peak of $41K, and then reduced sharply in the following year.
| Export of Tobacco; "Homogenised" or "Reconstituted" in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 12.0 | 0% |
| Russia | 11.4 | N/A | N/A | 11.8 | 1.2% |
| Romania | N/A | N/A | N/A | 9.9 | 0% |
| Bulgaria | N/A | N/A | 6.9 | N/A | 0% |
| Italy | N/A | N/A | 33.6 | N/A | 0% |
| Others | N/A | 0.5 | 0.3 | N/A | -40.0% |
| Total | 11.4 | 0.5 | 40.8 | 33.8 | 43.7% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Greece in 2022:
- Switzerland (6.4 tons)
- Russia (5.9 tons)
- Romania (5.3 tons)
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