Price for Tobacco, Unmanufactured; Tobacco Refuse in Denmark - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Denmark (CIF) - 2023
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Denmark (FOB) - 2022
  3. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Denmark
  4. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Denmark

Price for Tobacco, Unmanufactured; Tobacco Refuse in Denmark (CIF) - 2023

The average tobacco, unmanufactured; tobacco refuse import price stood at $6,069 per ton in June 2023, increasing by 10% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 45% month-to-month. The import price peaked at $8,217 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($6,826 per ton), while the price for the Philippines ($2,748 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 Mozambique (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Denmark (FOB) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $7,526 per ton, jumping by 54% against the previous year. Overall, the export price continues to indicate tangible growth. The pace of growth was the most pronounced in 2016 an increase of 78%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($12,272 per ton), while the average price for exports to Belgium ($2,489 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 Norway (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Denmark

Tobacco, unmanufactured; tobacco refuse imports into Denmark soared to 6.4K tons in 2022, jumping by 21% on the previous year's figure. The total import volume increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 22%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, tobacco, unmanufactured; tobacco refuse imports skyrocketed to $40M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6.48.55.012.826.0%
Malawi4.15.36.07.823.9%
India1.92.32.42.813.8%
Argentina1.00.71.52.637.5%
Zambia0.30.61.52.6105.4%
Philippines2.21.51.72.1-1.5%
Bangladesh1.11.30.71.715.6%
Germany0.70.71.41.528.9%
United States1.41.82.01.3-2.4%
GreeceN/A0.90.81.05.4%
NetherlandsN/AN/AN/A0.90%
Zimbabwe0.40.4N/A0.614.5%
Indonesia0.20.20.20.426.0%
Others4.12.81.82.0-21.3%
Total23.827.025.040.219.1%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Denmark in 2022:

  1. Brazil (1750.4 tons)
  2. Malawi (1374.3 tons)
  3. India (549.1 tons)
  4. Zambia (461.4 tons)
  5. Argentina (353.8 tons)
  6. Philippines (334.5 tons)
  7. Germany (287.7 tons)
  8. Bangladesh (277.2 tons)
  9. United States (246.1 tons)
  10. Netherlands (177.5 tons)
  11. Greece (174.4 tons)
  12. Indonesia (112.4 tons)
  13. Zimbabwe (99.0 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Denmark

In 2022, tobacco, unmanufactured; tobacco refuse exports from Denmark surged to 315 tons, increasing by 197% against the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports skyrocketed to $2.4M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway67.3N/A50.51,324170.0%
Belgium13310511.347152.4%
Italy3.41.96.3113221.5%
Germany5.14.14.467.1136.1%
Sweden107N/AN/AN/A0%
Sri Lanka188N/AN/AN/A0%
United States13.639.816.7N/A10.8%
United Arab Emirates85.2N/AN/AN/A0%
NetherlandsN/AN/A431N/A0%
Others3.51.30.7399384.9%
Total6061525212,37457.6%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Denmark in 2022:

  1. Belgium (189.2 tons)
  2. Norway (107.9 tons)
  3. Italy (11.5 tons)
  4. Germany (5.9 tons)

Source: IndexBox Market Intelligence Platform

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