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

Contents:

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

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

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $23,111 per ton, waning by -68.8% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 189% against the previous year. Over the period under review, the average export prices attained the maximum at $74,182 per ton in 2021, and then shrank rapidly in the following year.

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 Denmark ($114,500 per ton), while the average price for exports to Belgium ($8,750 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 the Netherlands (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Norway (CIF) - 2022

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $7,449 per ton, picking up by 28% against the previous year. Overall, the import price recorded a mild expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($16,012 per ton), while the price for Sweden ($636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-5.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of tobacco, (not stemmed or stripped)s exported from Norway skyrocketed to 36 kg, picking up by 227% against 2021 figures. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, (not stemmed or stripped) exports expanded modestly to $832 in 2022. Overall, exports, however, showed a mild descent.

Export of Tobacco, (Not Stemmed or Stripped) in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands94.069.099.026741.6%
Denmark321303131229-10.6%
Belgium13093.031.035.0-35.4%
IrelandN/A158N/AN/A0%
SwedenN/AN/A504N/A0%
South AfricaN/AN/A51.0N/A0%
Others323227N/A301-2.3%
Total868850816832-1.4%

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

  1. Netherlands (15.0 kg)
  2. Belgium (4.0 kg)
  3. Denmark (2.0 kg)

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

In 2022, approx. 1.4 tons of tobacco, (not stemmed or stripped)s were imported into Norway; with a decrease of -49% compared with the year before. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 150%.

In value terms, tobacco, (not stemmed or stripped) imports declined remarkably to $11K in 2022. Over the period under review, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 230% against the previous year.

Import of Tobacco, (Not Stemmed or Stripped) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark75.64.514.09.6-49.7%
Netherlands0.70.10.70.5-10.6%
Dominican Republic1.40.10.50.3-40.2%
United Kingdom2.60.10.20.1-66.2%
Sweden0.1N/AN/AN/A0%
Others76.30.10.8N/A-89.8%
Total1574.916.310.6-59.3%

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

  1. Netherlands (753.0 kg)
  2. Denmark (601.0 kg)
  3. United Kingdom (41.0 kg)
  4. Dominican Republic (16.0 kg)
  5. Sweden (11.0 kg)

Source: IndexBox Market Intelligence Platform

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