Hungary - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTobacco Price in Hungary - 2023
Contents:
- Tobacco Price in Hungary (CIF) - 2023
- Tobacco Price in Hungary (FOB) - 2023
- Tobacco Imports in Hungary
- Tobacco Exports in Hungary
Tobacco Price in Hungary (CIF) - 2023
In July 2023, the average tobacco import price amounted to $23,301 per ton, remaining relatively unchanged against the previous month. In general, the import price showed a strong increase. The most prominent rate of growth was recorded in April 2023 an increase of 34% m-o-m. The import price peaked in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($34,458 per ton), while the price for Luxembourg ($10,664 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Price in Hungary (FOB) - 2023
The average tobacco export price stood at $15,122 per ton in July 2023, picking up by 4.6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 43% against the previous month. As a result, the export price reached the peak level of $22,761 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($48,055 per ton), while the average price for exports to Indonesia ($6,543 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 Poland (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Imports in Hungary
In 2022, approx. 12K tons of tobacco (smoking tobacco, chewing tobacco, snuff) were imported into Hungary; picking up by 97% compared with the previous year. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tobacco imports surged to $230M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 89%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Tobacco in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.0 | 31.5 | 34.8 | 65.6 | 39.8% |
| Poland | 23.4 | 24.9 | 28.7 | 34.1 | 13.4% |
| Netherlands | 3.9 | 5.8 | 27.1 | 27.2 | 91.1% |
| Croatia | N/A | N/A | 4.1 | 1.8 | -56.1% |
| United States | 3.9 | 1.8 | 1.6 | 1.5 | -27.3% |
| Romania | 8.5 | 58.0 | 74.8 | 0.9 | -52.7% |
| Others | 2.4 | 2.9 | 19.1 | 98.8 | 245.3% |
| Total | 66.0 | 125 | 190 | 230 | 51.6% |
Top Suppliers of Tobacco to Hungary in 2022:
- Germany (7.3K tons)
- Netherlands (2.5K tons)
- Poland (1.4K tons)
- Croatia (0.4K tons)
- Romania (0.2K tons)
- United States (0.1K tons)
Tobacco Exports in Hungary
In 2022, tobacco exports from Hungary soared to 8.1K tons, rising by 68% on 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tobacco exports surged to $130M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tobacco in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 8.1 | 20.2 | 39.1 | 87.8% |
| Belgium | 0.6 | 0.8 | 3.8 | 21.5 | 229.7% |
| Norway | 0.4 | 0.2 | 10.3 | 18.5 | 259.0% |
| Czech Republic | 0.5 | 0.2 | 0.1 | 9.5 | 166.8% |
| Netherlands | 1.0 | 0.9 | 0.7 | 8.9 | 107.2% |
| United Kingdom | N/A | N/A | N/A | 3.9 | 0% |
| Ukraine | 2.2 | 3.2 | 3.9 | 3.4 | 15.6% |
| Finland | N/A | N/A | N/A | 3.1 | 0% |
| Poland | 2.4 | 3.0 | 3.7 | 2.8 | 5.3% |
| Russia | 0.1 | N/A | N/A | 2.8 | 203.7% |
| Indonesia | 0.3 | 0.8 | 1.1 | 2.2 | 94.3% |
| Italy | 1.8 | 1.9 | 1.9 | 1.8 | 0.0% |
| France | N/A | N/A | 0.4 | 0.8 | 100.0% |
| Others | 14.8 | 9.1 | 6.5 | 12.2 | -6.2% |
| Total | 30.0 | 28.1 | 52.5 | 130 | 63.0% |
Top Export Markets for Tobacco from Hungary in 2022:
- Germany (2496.4 tons)
- Belgium (779.0 tons)
- Ukraine (751.9 tons)
- Netherlands (545.5 tons)
- Poland (492.0 tons)
- Norway (443.4 tons)
- Indonesia (394.0 tons)
- Czech Republic (386.1 tons)
- Russia (315.1 tons)
- United Kingdom (225.0 tons)
- France (183.2 tons)
- Finland (162.3 tons)
- Italy (136.6 tons)
This report provides an in-depth analysis of the tobacco market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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
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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
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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
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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
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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
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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
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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
932
This report provides an in-depth analysis of the tobacco market in Hungary.
291
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Hungary.
3445
This report provides an in-depth analysis of the global tobacco market.
533
This report provides an in-depth analysis of the global market for manufactured tobacco, extracts and essences.
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Global Smoking Tobacco Market Report 2018. This report provides an in-depth analysis of the global smoking tobacco market.
932
This report provides an in-depth analysis of the tobacco market in Hungary.
291
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Hungary.
3445
This report provides an in-depth analysis of the global tobacco market.
533
This report provides an in-depth analysis of the global market for manufactured tobacco, extracts and essences.
564
Global Smoking Tobacco Market Report 2018. This report provides an in-depth analysis of the global smoking tobacco market.
1080
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 ...
2445
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...
2110
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...
1017
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...
2315
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...
1080
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 ...
2445
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...
2110
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...
1017
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...
2315
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...
