Price for Tobacco, (Not Stemmed or Stripped) in Croatia - 2023

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Croatia (CIF) - 2023
  2. Price for Tobacco, (Not Stemmed or Stripped) in Croatia (FOB) - 2022
  3. Imports of Tobacco, (Not Stemmed or Stripped) in Croatia
  4. Exports of Tobacco, (Not Stemmed or Stripped) in Croatia

Price for Tobacco, (Not Stemmed or Stripped) in Croatia (CIF) - 2023

In June 2023, the average import price for tobacco, (not stemmed or stripped)s amounted to $10,301 per ton, jumping by 33% against the previous month. Overall, import price indicated tangible growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, tobacco, (not stemmed or stripped) import price increased by +74.4% against April 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($16,398 per ton), while the price for Bulgaria stood at $9,129 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Croatia (FOB) - 2022

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $5,769 per ton, surging by 8.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 229% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,488 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($9,214 per ton), while the average price for exports to Germany ($5,120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, (Not Stemmed or Stripped) in Croatia

In 2022, after two years of decline, there was significant growth in purchases abroad of tobacco, (not stemmed or stripped)s, when their volume increased by 9.5% to 4.6K tons. In general, imports, however, showed a noticeable shrinkage.

In value terms, tobacco, (not stemmed or stripped) imports rose significantly to $24M in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco, (Not Stemmed or Stripped) in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.26.87.07.320.2%
France7.85.45.25.4-11.5%
Bulgaria5.64.75.43.9-11.4%
Germany4.41.71.62.1-21.9%
NetherlandsN/AN/AN/A2.00%
Turkey0.70.81.51.012.6%
SerbiaN/AN/AN/A0.30%
Others0.20.30.41.6100.0%
Total22.919.821.023.61.0%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Croatia in 2022:

  1. Poland (1693.3 tons)
  2. France (1142.9 tons)
  3. Germany (546.8 tons)
  4. Bulgaria (499.0 tons)
  5. Netherlands (304.8 tons)
  6. Turkey (133.4 tons)
  7. Serbia (88.0 tons)

Exports of Tobacco, (Not Stemmed or Stripped) in Croatia

In 2022, approx. 167 tons of tobacco, (not stemmed or stripped)s were exported from Croatia; increasing by 5.1% against the year before. In general, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 27%.

In value terms, tobacco, (not stemmed or stripped) exports rose notably to $965K in 2022. Overall, exports, however, saw a abrupt decrease.

Export of Tobacco, (Not Stemmed or Stripped) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.5558681690400.6%
Hungary33918.4N/A165-21.3%
PolandN/AN/A57.311092.0%
Bulgaria367N/AN/AN/A0%
Italy0.3N/A110N/A1814.9%
Iran825195N/AN/A-76.4%
Romania243N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,781771848965-18.5%

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Croatia in 2022:

  1. Germany (134.7 tons)
  2. Hungary (17.9 tons)
  3. Poland (14.6 tons)

Source: IndexBox Market Intelligence Platform

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