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

Contents:

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

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

The average import price for tobacco, (not stemmed or stripped)s stood at $3,321 per ton in June 2023, dropping by -34.9% against the previous month. Overall, the import price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in October 2022 an increase of 43% m-o-m. The import price peaked at $5,944 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Pakistan ($22,019 per ton), while the price for Turkey ($1,554 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in the Netherlands (FOB) - 2023

The average export price for tobacco, (not stemmed or stripped)s stood at $6,879 per ton in June 2023, surging by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 an increase of 35% m-o-m. As a result, the export price reached the peak level of $7,221 per ton. From May 2023 to June 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($9,566 per ton), while the average price for exports to Lithuania ($1,944 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, (Not Stemmed or Stripped) in the Netherlands

In 2022, imports of tobacco, (not stemmed or stripped)s into the Netherlands shrank significantly to 6.3K tons, waning by -51% on the year before. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of 13K tons, and then reduced rapidly in the following year.

In value terms, tobacco, (not stemmed or stripped) imports dropped dramatically to $30M in 2022. Overall, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $74M, and then fell remarkably in the following year.

Import of Tobacco, (Not Stemmed or Stripped) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique6.47.58.64.7-9.8%
TurkeyN/A4.013.34.00.0%
India5.15.44.63.6-11.0%
Canada2.73.5N/A3.03.6%
Brazil4.67.47.32.6-17.3%
Indonesia5.84.52.22.1-28.7%
China0.50.40.41.337.5%
United States4.02.5N/A1.2-33.1%
Bangladesh3.33.42.31.0-32.8%
PhilippinesN/AN/AN/A1.00%
PakistanN/AN/AN/A0.60%
Kenya0.60.30.70.60.0%
TanzaniaN/AN/AN/A0.50%
Others24.616.634.64.0-45.4%
Total57.655.574.030.2-19.4%

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

  1. Turkey (1267.5 tons)
  2. Mozambique (837.5 tons)
  3. India (787.6 tons)
  4. Brazil (621.3 tons)
  5. Indonesia (408.6 tons)
  6. Canada (398.8 tons)
  7. Bangladesh (232.3 tons)
  8. Pakistan (216.2 tons)
  9. Philippines (190.3 tons)
  10. China (181.7 tons)
  11. Kenya (138.7 tons)
  12. United States (132.3 tons)
  13. Tanzania (119.0 tons)

Exports of Tobacco, (Not Stemmed or Stripped) in the Netherlands

In 2022, shipments abroad of tobacco, (not stemmed or stripped)s decreased by -88.5% to 716 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 374%.

In value terms, tobacco, (not stemmed or stripped) exports fell notably to $4.6M in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 328% against the previous year.

Export of Tobacco, (Not Stemmed or Stripped) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
CroatiaN/AN/AN/A2.10%
Switzerland0.810.514.01.214.5%
Belgium0.78.816.61.012.6%
HungaryN/A1.2N/A0.3-50.0%
Indonesia0.33.30.4N/A15.5%
Others4.22.13.3N/A-11.4%
Total6.125.934.34.6-9.0%

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

  1. Croatia (351.9 tons)
  2. Switzerland (178.1 tons)
  3. Belgium (137.7 tons)
  4. Hungary (40.1 tons)
  5. Indonesia (2.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco, (not stemmed or stripped) - Netherlands