Price for Tobacco, (Not Stemmed or Stripped) in Serbia - 2023
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Serbia (CIF) - 2023
- Price for Tobacco, (Not Stemmed or Stripped) in Serbia (FOB) - 2022
- Imports of Tobacco, (Not Stemmed or Stripped) in Serbia
- Exports of Tobacco, (Not Stemmed or Stripped) in Serbia
Price for Tobacco, (Not Stemmed or Stripped) in Serbia (CIF) - 2023
The average import price for tobacco, (not stemmed or stripped)s stood at $6,188 per ton in November 2023, reducing by -1.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 58% month-to-month. As a result, import price reached the peak level of $7,841 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($8,296 per ton), while the price for Turkey ($4,583 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tobacco, (Not Stemmed or Stripped) in Serbia (FOB) - 2022
The average export price for tobacco, (not stemmed or stripped)s stood at $3,855 per ton in 2022, rising by 46% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, (not stemmed or stripped) export price decreased by -15.2% against 2020 indices. The export price peaked at $4,548 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($6,494 per ton), while the average price for exports to Greece ($2,499 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 Bosnia and Herzegovina (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco, (Not Stemmed or Stripped) in Serbia
In 2022, the amount of tobacco, (not stemmed or stripped)s imported into Serbia rose rapidly to 2.6K tons, increasing by 6.9% on the year before. Over the period under review, imports, however, showed a noticeable descent.
In value terms, tobacco, (not stemmed or stripped) imports fell to $14M in 2022. Overall, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 6.6%. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Tobacco, (Not Stemmed or Stripped) in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 12.7 | 13.5 | 10.8 | 5.6 | -23.9% |
| Bulgaria | 2.1 | 2.4 | 2.6 | 2.4 | 4.6% |
| Netherlands | 0.4 | N/A | 0.8 | 2.2 | 76.5% |
| Greece | 0.8 | 2.1 | 1.1 | 1.9 | 33.4% |
| Romania | N/A | N/A | N/A | 0.9 | 0% |
| Turkey | 0.6 | 0.9 | 0.5 | 0.6 | 0.0% |
| North Macedonia | 1.0 | N/A | 0.1 | N/A | -68.4% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 17.9 | 19.0 | 15.9 | 13.7 | -8.5% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Serbia in 2022:
- Belgium (1388.7 tons)
- Netherlands (406.0 tons)
- Greece (321.9 tons)
- Bulgaria (257.0 tons)
- Romania (105.8 tons)
- Turkey (89.8 tons)
Exports of Tobacco, (Not Stemmed or Stripped) in Serbia
Tobacco, (not stemmed or stripped) exports from Serbia skyrocketed to 2.5K tons in 2022, growing by 157% on the year before. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tobacco, (not stemmed or stripped) exports skyrocketed to $9.8M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tobacco, (Not Stemmed or Stripped) in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.9 | 7.3 | N/A | 5.4 | 11.5% |
| Greece | 0.2 | N/A | N/A | 2.3 | 125.7% |
| Bulgaria | 1.4 | 1.0 | 2.4 | 1.7 | 6.7% |
| Croatia | N/A | N/A | N/A | 0.3 | 0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Bosnia and Herzegovina | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 5.6 | 9.0 | 2.6 | 9.8 | 20.5% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Serbia in 2022:
- Greece (911.4 tons)
- Belgium (828.6 tons)
- Bulgaria (657.9 tons)
- Croatia (88.0 tons)
- Italy (45.0 tons)
- Bosnia and Herzegovina (9.2 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Serbia.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Serbia.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
