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

Contents:

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

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

The average import price for tobacco, (not stemmed or stripped)s stood at $7,376 per ton in August 2023, waning by -9.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in October 2022 when the average import price increased by 58% against the previous month. Over the period under review, average import prices attained the peak figure at $8,825 per ton in November 2022; however, from December 2022 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Greece ($8,797 per ton), while the price for Turkey ($5,079 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tobacco, (not stemmed or stripped)s stood at $145,919 per ton in 2022, increasing by 3,570% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($388,462 per ton), while the average price for exports to Singapore stood at $113,745 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+35.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of tobacco, (not stemmed or stripped)s, when their volume increased by 11% to 912 tons. Overall, imports, however, showed a abrupt contraction.

In value terms, tobacco, (not stemmed or stripped) imports reached $7.3M in 2022. In general, imports, however, faced a abrupt slump.

Import of Tobacco, (Not Stemmed or Stripped) in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4,1182,2689563,774-2.9%
Turkey2,2791,5152,0291,406-14.9%
Greece7591,5071,9271,07012.1%
North Macedonia1,172799418695-16.0%
Hong Kong SARN/AN/A314151-51.9%
PhilippinesN/AN/AN/A97.10%
Lebanon42665964960.8-47.7%
China2461396.124.5-53.6%
Indonesia1,09260.01510.2-94.3%
Others6431,17965160.4-54.5%
Total10,7358,1267,1027,338-11.9%

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

  1. Indonesia (undefined tons)
  2. Brazil (351.7 tons)
  3. Turkey (244.8 tons)
  4. Greece (135.0 tons)
  5. North Macedonia (114.9 tons)
  6. Hong Kong SAR (23.9 tons)
  7. Philippines (18.0 tons)
  8. Lebanon (9.7 tons)
  9. China (3.9 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of tobacco, (not stemmed or stripped)s, when their volume decreased by 99.9% to 111 kg. Over the period under review, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 111% against the previous year.

In value terms, tobacco, (not stemmed or stripped) exports declined dramatically to $16K in 2022. Overall, exports saw a sharp shrinkage. The growth pace was the most rapid in 2020 when exports increased by 157%. As a result, the exports reached the peak of $5.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Tobacco, (Not Stemmed or Stripped) in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A11.10%
Hong Kong SARN/AN/AN/A5.00%
Bulgaria20.5157N/AN/A665.9%
RussiaN/AN/A690N/A0%
Sri Lanka1,0853,168N/AN/A192.0%
Indonesia802538N/AN/A-32.9%
PhilippinesN/A1,2141,181N/A-2.7%
EgyptN/AN/A149N/A0%
Mauritania22.359.8N/AN/A168.2%
Others1401872,407N/A314.6%
Total2,0705,3254,42616.2-80.1%

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

  1. Singapore (98.0 kg)
  2. Hong Kong SAR (13.0 kg)

Source: IndexBox Market Intelligence Platform

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