Tobacco Refuse Price in Hungary - 2023
Contents:
Tobacco Refuse Price in Hungary (CIF) - 2023
In July 2023, the average tobacco refuse import price amounted to $1,167 per ton, waning by -8.8% against the previous month. In general, the import price, however, recorded a resilient increase. The growth pace was the most rapid in January 2023 an increase of 73% month-to-month. The import price peaked at $1,998 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Croatia ($6,184 per ton), while the price for Italy ($431 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 Croatia (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Refuse Imports in Hungary
In 2022, overseas purchases of tobacco refuses decreased by -14.5% to 2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, imports reached the peak of 3.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, tobacco refuse imports dropped remarkably to $1.2M in 2022. Overall, imports showed a precipitous shrinkage. The smallest decline of -7.8% was in 2020.
| Import of Tobacco Refuse in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 126 | 201 | 266 | 398 | 46.7% |
| Bulgaria | 4.6 | N/A | 60.9 | 219 | 262.4% |
| Greece | 2.9 | 81.7 | 174 | 86.5 | 210.1% |
| Brazil | 789 | 35.1 | 78.5 | 82.6 | -52.9% |
| Croatia | 10.9 | 138 | 2.4 | 80.4 | 94.7% |
| Germany | 32.0 | 34.2 | 18.5 | 54.3 | 19.3% |
| Zimbabwe | 587 | 1,273 | 988 | 37.3 | -60.1% |
| Poland | 27.0 | 5.0 | 45.6 | 13.7 | -20.2% |
| China | 125 | 268 | 73.3 | N/A | -23.4% |
| United Kingdom | 597 | 51.6 | N/A | N/A | -91.4% |
| Serbia | 64.8 | 39.6 | N/A | N/A | -38.9% |
| Others | 280 | 313 | 279 | 202 | -10.3% |
| Total | 2,647 | 2,441 | 1,985 | 1,173 | -23.8% |
Top Suppliers of Tobacco Refuse to Hungary in 2022:
- Italy (861.2 tons)
- Croatia (433.0 tons)
- Bulgaria (201.5 tons)
- Germany (109.8 tons)
- Poland (84.6 tons)
- Greece (72.5 tons)
- Brazil (51.6 tons)
- Zimbabwe (31.7 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Hungary.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Hungary.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
