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

Contents:

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

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

In June 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $5,180 per ton, remaining stable 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 January 2023 when the average import price increased by 29% month-to-month. The import price peaked at $5,692 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From June 2022 to June 2023, the rate of growth in terms of prices for Belgium amounted to +1.5% per month.

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

The average tobacco, unmanufactured; tobacco refuse export price stood at $4,782 per ton in 2022, remaining stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 60% against the previous year. The export price peaked at $14,084 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +28.1% per year.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Luxembourg

Tobacco, unmanufactured; tobacco refuse imports into Luxembourg soared to 8.4K tons in 2022, increasing by 31% against the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, tobacco, unmanufactured; tobacco refuse imports surged to $36M in 2022. Overall, imports, however, recorded a relatively flat trend pattern.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium9.138.228.035.557.4%
Italy6.2N/AN/A0.7-51.7%
India6.5N/AN/AN/A0%
Others15.61.92.40.3-73.2%
Total37.440.130.436.5-0.8%

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

  1. India (undefinedK tons)
  2. Belgium (8.2K tons)
  3. Italy (0.1K tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Luxembourg

In 2022, the amount of tobacco, unmanufactured; tobacco refuses exported from Luxembourg skyrocketed to 29 tons, rising by 49% compared with the previous year. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 50%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, tobacco, unmanufactured; tobacco refuse exports skyrocketed to $140K in 2022. Over the period under review, exports, however, saw a deep contraction.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Luxembourg (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
HungaryN/A94.814047.7%
Belgium185N/AN/A0%
OthersN/AN/AN/A0%
Total18594.8140-13.0%

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

  1. Hungary (29.3 tons)

Source: IndexBox Market Intelligence Platform

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