Denmark - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTobacco Price in Denmark - 2023
Contents:
- Tobacco Price in Denmark (FOB) - 2023
- Tobacco Price in Denmark (CIF) - 2022
- Tobacco Exports in Denmark
- Tobacco Imports in Denmark
Tobacco Price in Denmark (FOB) - 2023
In July 2023, the average tobacco export price amounted to $40,752 per ton, falling by -11% against the previous month. Over the period under review, the export price saw a slight setback. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 36% against the previous month. As a result, the export price attained the peak level of $55,260 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Sweden ($78,958 per ton), while the average price for exports to Malaysia ($20,516 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Price in Denmark (CIF) - 2022
In 2022, the average tobacco import price amounted to $54,480 per ton, jumping by 23% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 96%. The import price peaked at $66,784 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($279,933 per ton), while the price for Belgium ($9,257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+53.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Exports in Denmark
In 2022, overseas shipments of tobacco (smoking tobacco, chewing tobacco, snuff) decreased by -4.9% to 5.7K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. As a result, the exports attained the peak of 6K tons, and then reduced slightly in the following year.
In value terms, tobacco exports contracted to $302M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports attained the peak of $318M, and then dropped in the following year.
Export of Tobacco in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 39.4 | 46.9 | 113 | 119 | 44.5% |
Sweden | 28.7 | 36.1 | 53.3 | 34.4 | 6.2% |
Norway | 20.0 | 29.1 | 36.7 | 32.7 | 17.8% |
United States | 5.5 | 9.4 | 14.6 | 15.9 | 42.5% |
Israel | 7.2 | 8.1 | 8.1 | 10.1 | 11.9% |
France | 8.9 | 10.2 | 11.4 | 8.7 | -0.8% |
Spain | 8.1 | 8.3 | 8.5 | 8.0 | -0.4% |
Switzerland | 5.7 | 5.8 | 5.9 | 5.7 | 0.0% |
Italy | 4.7 | 6.6 | 6.7 | 5.6 | 6.0% |
Nigeria | 2.8 | 3.2 | 2.8 | 5.5 | 25.2% |
Belgium | 5.0 | 4.0 | 4.0 | 4.6 | -2.7% |
United Arab Emirates | 1.0 | 1.9 | 2.8 | 2.6 | 37.5% |
Dominican Republic | 0.1 | N/A | 1.6 | 1.0 | 115.4% |
Others | 40.5 | 41.7 | 47.6 | 48.6 | 6.3% |
Total | 178 | 211 | 318 | 302 | 19.3% |
Top Export Markets for Tobacco from Denmark in 2022:
- Germany (1280.0 tons)
- United States (544.2 tons)
- Norway (426.4 tons)
- Sweden (391.6 tons)
- Belgium (352.1 tons)
- France (277.3 tons)
- Nigeria (268.1 tons)
- Israel (260.6 tons)
- Spain (210.7 tons)
- Italy (183.9 tons)
- Dominican Republic (167.5 tons)
- Switzerland (163.1 tons)
- United Arab Emirates (129.6 tons)
Tobacco Imports in Denmark
In 2022, tobacco imports into Denmark declined notably to 404 tons, shrinking by -27.8% on 2021 figures. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports attained the peak of 560 tons, and then contracted significantly in the following year.
In value terms, tobacco imports fell to $22M in 2022. Overall, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 30%.
Import of Tobacco in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.0 | 6.1 | 6.8 | 9.5 | 10.7% |
Sweden | 3.5 | 9.9 | 13.4 | 5.2 | 14.1% |
Japan | N/A | N/A | N/A | 3.4 | 0% |
Switzerland | N/A | N/A | N/A | 2.2 | 0% |
Poland | N/A | N/A | N/A | 0.4 | 0% |
Hungary | 5.0 | N/A | N/A | 0.4 | -56.9% |
Russia | N/A | N/A | N/A | 0.2 | 0% |
Norway | 7.5 | N/A | N/A | N/A | 0% |
Romania | 0.6 | 2.2 | 0.8 | N/A | 15.5% |
Others | 1.8 | 0.9 | 3.8 | 0.7 | -27.0% |
Total | 25.5 | 19.2 | 24.9 | 22.0 | -4.8% |
Top Suppliers of Tobacco to Denmark in 2022:
- Romania (undefined tons)
- Sweden (190.5 tons)
- Germany (149.9 tons)
- Switzerland (25.7 tons)
- Japan (12.3 tons)
- Russia (11.3 tons)
- Poland (6.7 tons)
- Hungary (4.8 tons)
- Norway (0.1 tons)
This report provides an in-depth analysis of the tobacco market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 12001930 - Smoking tobacco (excluding tobacco duty)
- Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tobacco market in Denmark.
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Denmark.
This report provides an in-depth analysis of the smoking tobacco market in Denmark.
This report provides an in-depth analysis of the global tobacco market.
This report provides an in-depth analysis of the global market for manufactured tobacco, extracts and essences.
Global Smoking Tobacco Market Report 2018. This report provides an in-depth analysis of the global smoking tobacco market.
This report provides an in-depth analysis of the tobacco market in Denmark.
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Denmark.
This report provides an in-depth analysis of the smoking tobacco market in Denmark.
This report provides an in-depth analysis of the global tobacco market.
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...