Price for Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic - 2023

Contents:

1. Price for Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic (CIF) - 2023
2. Price for Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic (FOB) - 2022
3. Imports of Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic
4. Exports of Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic

Price for Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic (CIF) - 2023

The average tobacco; "homogenised" or "reconstituted" import price stood at $3,933 per ton in July 2023, rising by 5.7% against the previous month. Over the period under review, import price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tobacco; "homogenised" or "reconstituted" import price increased by +5.7% against June 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 22% month-to-month. The import price peaked in July 2023.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From July 2022 to July 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.6% per month.

Price for Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic (FOB) - 2022

The average tobacco; "homogenised" or "reconstituted" export price stood at $2,565 per ton in 2021, remaining relatively unchanged against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2019 a decrease of -38.3% against the previous year. The export price peaked at $28,396 per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2013 to 2021, the rate of growth in terms of prices for Poland amounted to -19.8% per year.

Imports of Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic

In 2022, tobacco; "homogenised" or "reconstituted" imports into the Czech Republic surged to 2.2K tons, picking up by 46% against the previous year's figure. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.6% 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 +84.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 66% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, tobacco; "homogenised" or "reconstituted" imports soared to $5.9M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to the Czech Republic in 2022:

1. Netherlands (1613.8 tons)
2. Belgium (515.5 tons)

Exports of Tobacco; "Homogenised" or "Reconstituted" in the Czech Republic

Tobacco; "homogenised" or "reconstituted" exports from the Czech Republic stood at 18 tons in 2021, almost unchanged from 2020 figures. In general, exports showed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, tobacco; "homogenised" or "reconstituted" exports amounted to $46K in 2021. Overall, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from the Czech Republic in 2022:

1. Poland (17.8 tons)

Source: IndexBox Market Intelligence Platform