Price for Tobacco; "Homogenised" or "Reconstituted" in Lithuania - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in Lithuania (CIF) - 2023
- Imports of Tobacco; "Homogenised" or "Reconstituted" in Lithuania
Price for Tobacco; "Homogenised" or "Reconstituted" in Lithuania (CIF) - 2023
The average tobacco; "homogenised" or "reconstituted" import price stood at $3,586 per ton in September 2023, approximately mirroring the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in March 2023 an increase of 32% m-o-m. The import price peaked at $3,828 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From September 2022 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.8% per month.
Imports of Tobacco; "Homogenised" or "Reconstituted" in Lithuania
Tobacco; "homogenised" or "reconstituted" imports into Lithuania reduced remarkably to 1.2K tons in 2022, which is down by -26% on 2021 figures. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of 1.7K tons, and then declined rapidly in the following year.
In value terms, tobacco; "homogenised" or "reconstituted" imports reduced dramatically to $3.1M in 2022. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $4.3M, and then shrank significantly in the following year.
| Import of Tobacco; "Homogenised" or "Reconstituted" in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.6 | N/A | 1.8 | 2.4 | 58.7% |
| Belgium | 3.0 | 3.5 | 2.5 | 0.7 | -38.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 3.5 | 4.3 | 3.1 | -4.9% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Lithuania in 2022:
- Netherlands (956.5 tons)
- Belgium (287.7 tons)
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