Report Update: May 1, 2024

Finland - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights

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Tobacco Price in Finland - 2023

Tobacco Price in Finland (CIF) - 2023

In June 2023, the average tobacco import price amounted to $13,777 per ton, leveling off at the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 94% m-o-m. The import price peaked at $34,693 per ton in March 2023; however, from April 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 Denmark ($53,852 per ton), while the price for Germany ($10,540 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 the Netherlands (+0.5%), while the prices for the other major suppliers experienced a decline.

Tobacco Price in Finland (FOB) - 2022

The average tobacco export price stood at $54,026 per ton in 2022, remaining stable against the previous year. In general, the export price continues to indicate a mild decrease. The growth pace was the most rapid in 2014 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs at $63,579 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($128,000 per ton), while the average price for exports to Hungary ($42,421 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 Denmark (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

Tobacco Imports in Finland

In 2022, after three years of growth, there was significant decline in supplies from abroad of tobacco (smoking tobacco, chewing tobacco, snuff), when their volume decreased by -56.6% to 527 tons. In general, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. As a result, imports attained the peak of 1.2K tons, and then fell markedly in the following year.

In value terms, tobacco imports shrank sharply to $7.5M in 2022. Over the period under review, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports reached the peak of $10M, and then contracted dramatically in the following year.

Import of Tobacco in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	6.3	5.6	8.3	5.0	-7.4%
Hungary	N/A	N/A	N/A	1.1	0%
Germany	1.2	1.5	1.4	0.9	-9.1%
Denmark	0.5	1.8	0.3	0.5	0.0%
Czech Republic	N/A	N/A	N/A	N/A	0%
Others	0.5	N/A	N/A	N/A	0%
Total	8.5	9.0	10.0	7.5	-4.1%

Top Suppliers of Tobacco to Finland in 2022:

Netherlands (361.7 tons)
Germany (82.0 tons)
Hungary (74.5 tons)
Denmark (6.7 tons)

Tobacco Exports in Finland

For the third consecutive year, Finland recorded decline in shipments abroad of tobacco (smoking tobacco, chewing tobacco, snuff), which decreased by 0% to 38 kg in 2022. Over the period under review, exports faced a sharp slump. The smallest decline of -97.8% was in 2020.

In value terms, tobacco exports totaled $2.1K in 2022. Overall, exports showed a sharp contraction. The smallest decline of -97.4% was in 2020.

Export of Tobacco in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	155	N/A	N/A	0.8	-82.7%
Hungary	N/A	N/A	N/A	0.8	0%
Netherlands	3.9	0.1	N/A	0.3	-57.5%
Denmark	N/A	N/A	N/A	0.1	0%
Spain	N/A	4.0	N/A	N/A	0%
Others	0.3	N/A	N/A	N/A	0%
Total	159	4.1	N/A	2.1	-76.4%

Top Export Markets for Tobacco from Finland in 2022:

Hungary (19.0 kg)
Sweden (11.0 kg)
Netherlands (7.0 kg)
Denmark (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tobacco market in Finland. 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:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023