Tobacco Refuse Price in Switzerland - 2023

Contents:

  1. Tobacco Refuse Price in Switzerland (CIF) - 2022
  2. Tobacco Refuse Price in Switzerland (FOB) - 2022
  3. Tobacco Refuse Imports in Switzerland
  4. Tobacco Refuse Exports in Switzerland

Tobacco Refuse Price in Switzerland (CIF) - 2022

The average tobacco refuse import price stood at $1,483 per ton in 2022, increasing by 2.2% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 60%. Over the period under review, average import prices hit record highs at $4,264 per ton in 2013; however, from 2014 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 Italy ($3,557 per ton), while the price for Bulgaria ($842 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Tobacco Refuse Price in Switzerland (FOB) - 2022

The average tobacco refuse export price stood at $390 per ton in 2022, declining by -18.5% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2013 an increase of 27%. Over the period under review, the average export prices reached the maximum at $870 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($526 per ton), while the average price for exports to the United States ($105 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 Germany (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Imports in Switzerland

In 2022, supplies from abroad of tobacco refuses was finally on the rise to reach 610 tons after two years of decline. In general, imports, however, continue to indicate a noticeable slump.

In value terms, tobacco refuse imports surged to $904K in 2022. Over the period under review, imports, however, showed a noticeable setback.

Import of Tobacco Refuse in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe22318587.031011.6%
Brazil21415115728910.5%
China88.075.281.071.1-6.9%
BulgariaN/AN/A45.445.3-0.2%
Germany16424.936.242.2-36.4%
Netherlands82.252.654.738.9-22.1%
Indonesia13.245.914.736.240.0%
United States15412739.7N/A-49.2%
Others35.233.924471.226.5%
Total975695760904-2.5%

Top Suppliers of Tobacco Refuse to Switzerland in 2022:

  1. United States (undefined tons)
  2. Zimbabwe (237.0 tons)
  3. Brazil (129.6 tons)
  4. Bulgaria (53.8 tons)
  5. China (53.4 tons)
  6. Indonesia (35.5 tons)
  7. Netherlands (34.2 tons)
  8. Germany (31.2 tons)

Tobacco Refuse Exports in Switzerland

In 2022, overseas shipments of tobacco refuses decreased by -38.5% to 162 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 47%.

In value terms, tobacco refuse exports fell sharply to $63K in 2022. Overall, exports, however, showed a measured expansion. The pace of growth appeared the most rapid in 2020 with an increase of 62% against the previous year.

Export of Tobacco Refuse in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium46.815.715.529.2-14.5%
RussiaN/A11.541.912.64.7%
UzbekistanN/AN/AN/A9.30%
United StatesN/A1.23.63.878.0%
Germany8.32.54.9N/A-23.2%
NetherlandsN/A63.258.2N/A-7.9%
Others3.50.82.28.433.9%
Total58.695.012663.32.6%

Top Export Markets for Tobacco Refuse from Switzerland in 2022:

  1. Belgium (59.8 tons)
  2. Uzbekistan (38.1 tons)
  3. United States (36.0 tons)
  4. Russia (24.0 tons)

Source: IndexBox Market Intelligence Platform

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