Price for Tobacco; Partly or Wholly Stemmed or Stripped in Spain - 2023

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Spain (FOB) - 2022
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Spain (CIF) - 2022
  3. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Spain
  4. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Spain

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Spain (FOB) - 2022

The average export price for tobacco; partly or wholly stemmed or stripped stood at $4,708 per ton in 2022, dropping by -9.9% against the previous year. Overall, the export price showed a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. As a result, the export price reached the peak level of $6,112 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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 Portugal ($5,084 per ton), while the average price for exports to Germany ($2,292 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 France (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Spain (CIF) - 2022

The average import price for tobacco; partly or wholly stemmed or stripped stood at $20,088 per ton in 2022, with a decrease of -50.8% against the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when the average import price increased by 142% against the previous year. As a result, import price attained the peak level of $40,858 per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($104,933 per ton), while the price for Hungary ($4,063 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Spain

After two years of decline, shipments abroad of tobacco; partly or wholly stemmed or stripped increased by 9.3% to 15K tons in 2022. Over the period under review, exports, however, showed a noticeable decline.

In value terms, exports of tobacco; partly or wholly stemmed or stripped shrank slightly to $72M in 2022. Overall, exports, however, saw a noticeable slump.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal14.823.821.924.518.3%
Belgium15.914.612.318.04.2%
Poland8.212.16.510.37.9%
France8.812.79.99.00.8%
Netherlands7.79.39.43.6-22.4%
IndonesiaN/A1.12.02.653.7%
Italy1.61.11.81.4-4.4%
Mexico3.21.62.40.6-42.8%
Russia2.50.52.6N/A2.0%
Germany11.10.20.1N/A-90.5%
Others7.21.84.01.8-37.0%
Total81.178.972.971.8-4.0%

Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Spain in 2022:

  1. Portugal (4.8K tons)
  2. Belgium (3.9K tons)
  3. Poland (2.2K tons)
  4. France (2.1K tons)
  5. Netherlands (0.8K tons)
  6. Indonesia (0.6K tons)
  7. Italy (0.4K tons)
  8. Mexico (0.1K tons)

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Spain

In 2022, imports of tobacco; partly or wholly stemmed or stripped into Spain soared to 2.4K tons, growing by 99.9% on 2021 figures. Overall, imports enjoyed resilient growth.

In value terms, imports of tobacco; partly or wholly stemmed or stripped reduced modestly to $48M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 7.8%.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines13.713.916.415.03.1%
Indonesia10.810.88.811.52.1%
Sri Lanka5.19.99.87.312.7%
Portugal4.83.43.74.6-1.4%
Switzerland5.13.73.93.5-11.8%
Malawi0.30.30.40.30.0%
United States0.50.60.10.2-26.3%
HungaryN/AN/AN/A0.20%
Brazil0.50.50.10.1-41.5%
India0.30.30.10.1-30.7%
BulgariaN/A0.6N/AN/A0%
Others1.11.55.65.470.0%
Total42.145.448.948.04.5%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Spain in 2022:

  1. Indonesia (1254.1 tons)
  2. Portugal (307.8 tons)
  3. Philippines (270.9 tons)
  4. Switzerland (186.8 tons)
  5. Sri Lanka (69.6 tons)
  6. Malawi (49.2 tons)
  7. Hungary (45.8 tons)
  8. United States (18.1 tons)
  9. India (12.7 tons)
  10. Brazil (8.9 tons)

Source: IndexBox Market Intelligence Platform

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