Tobacco Refuse Price in Luxembourg - 2023

Contents:

  1. Tobacco Refuse Price in Luxembourg (CIF) - 2023
  2. Tobacco Refuse Imports in Luxembourg

Tobacco Refuse Price in Luxembourg (CIF) - 2023

In June 2023, the average tobacco refuse import price amounted to $1,355 per ton, leveling off at the previous month. In general, the import price, however, saw slight growth. The pace of growth was the most pronounced in February 2023 an increase of 53% against the previous month. Over the period under review, average import prices reached the peak figure at $1,389 per ton in April 2023; afterwards, it flattened through to June 2023.

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 +1.8% per month.

Tobacco Refuse Imports in Luxembourg

In 2022, imports of tobacco refuses into Luxembourg soared to 1.1K tons, jumping by 25% on the previous year's figure. In general, imports, however, recorded a slight slump.

In value terms, tobacco refuse imports skyrocketed to $1.2M in 2022. Overall, imports, however, recorded a pronounced decline.

Import of Tobacco Refuse in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe46747685785222.2%
BrazilN/AN/AN/A2030%
ZambiaN/AN/AN/A72.60%
Italy46242534.838.4-56.4%
Kenya12417913537.6-32.8%
Belgium3183920.7N/A-95.3%
Others0.224.20.2N/A0.0%
Total1,3711,4961,0281,203-4.3%

Top Suppliers of Tobacco Refuse to Luxembourg in 2022:

  1. Zimbabwe (831.6 tons)
  2. Brazil (133.8 tons)
  3. Zambia (71.4 tons)
  4. Italy (51.2 tons)
  5. Kenya (31.9 tons)

Source: IndexBox Market Intelligence Platform

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