Price for Tobacco; "Homogenised" or "Reconstituted" in the UK - 2023
Contents:
- Price for Tobacco; "Homogenised" or "Reconstituted" in the UK (CIF) - 2022
- Price for Tobacco; "Homogenised" or "Reconstituted" in the UK (FOB) - 2022
- Imports of Tobacco; "Homogenised" or "Reconstituted" in the UK
- Exports of Tobacco; "Homogenised" or "Reconstituted" in the UK
Price for Tobacco; "Homogenised" or "Reconstituted" in the UK (CIF) - 2022
The average tobacco; "homogenised" or "reconstituted" import price stood at $2,999 per ton in 2022, with a decrease of -85.5% against the previous year. In general, the import price recorded a noticeable setback. The growth pace was the most rapid in 2017 an increase of 576% against the previous year. The import price peaked at $42,959 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,498 per ton), while the price for Indonesia ($74 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+53.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; "Homogenised" or "Reconstituted" in the UK (FOB) - 2022
In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $188,947 per ton, growing by 299% against the previous year. Over the period under review, the export price showed a significant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 1,693%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($295,821 per ton), while the average price for exports to South Africa amounted to $85,026 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+265.1%), while the prices for the other major destinations experienced a decline.
Imports of Tobacco; "Homogenised" or "Reconstituted" in the UK
After three years of growth, purchases abroad of tobacco; "homogenised" or "reconstituted"s decreased by -76.2% to 13 tons in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 156%.
In value terms, tobacco; "homogenised" or "reconstituted" imports declined significantly to $38K in 2022. In general, imports showed a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 134% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Tobacco; "Homogenised" or "Reconstituted" in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 416 | 677 | 730 | 9.5 | -71.6% |
| Germany | 42.5 | 30.3 | 138 | 7.7 | -43.4% |
| China | N/A | 371 | 203 | 4.6 | -88.9% |
| Luxembourg | N/A | N/A | N/A | 2.4 | 0% |
| Sudan | N/A | N/A | N/A | 1.6 | 0% |
| United States | 8.7 | 19.1 | 19.0 | 1.6 | -43.1% |
| Indonesia | N/A | N/A | N/A | 0.6 | 0% |
| Others | 8.2 | 16.3 | 6.7 | 9.7 | 5.8% |
| Total | 476 | 1,114 | 1,097 | 37.8 | -57.0% |
Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to the UK in 2022:
- Indonesia (7.6 tons)
- France (1.3 tons)
- Germany (0.9 tons)
- Luxembourg (0.8 tons)
- Sudan (0.6 tons)
- China (0.6 tons)
- United States (0.4 tons)
Exports of Tobacco; "Homogenised" or "Reconstituted" in the UK
After three years of growth, overseas shipments of tobacco; "homogenised" or "reconstituted"s decreased by -96.3% to 287 kg in 2022. In general, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 216% against the previous year.
In value terms, tobacco; "homogenised" or "reconstituted" exports declined rapidly to $54K in 2022. Overall, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 547% against the previous year. As a result, the exports reached the peak of $363K, and then contracted sharply in the following year.
| Export of Tobacco; "Homogenised" or "Reconstituted" in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 23.8 | 0% |
| Hungary | N/A | N/A | N/A | 2.1 | 0% |
| Switzerland | 13.7 | N/A | N/A | N/A | 0% |
| Germany | 3.2 | 56.1 | N/A | N/A | 1653.1% |
| United States | 7.6 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 336 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 16.7 | N/A | 0% |
| Others | 8.2 | N/A | 10.1 | 28.4 | 51.3% |
| Total | 32.7 | 56.1 | 363 | 54.2 | 18.3% |
Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from the UK in 2022:
- South Africa (280.0 kg)
- Hungary (7.0 kg)
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