Tobacco Refuse Price in the Netherlands - 2023

Contents:

  1. Tobacco Refuse Price in the Netherlands (CIF) - 2023
  2. Tobacco Refuse Price in the Netherlands (FOB) - 2022
  3. Tobacco Refuse Imports in the Netherlands
  4. Tobacco Refuse Exports in the Netherlands

Tobacco Refuse Price in the Netherlands (CIF) - 2023

In July 2023, the average tobacco refuse import price amounted to $578 per ton, increasing by 17% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in December 2022 an increase of 27% against the previous month. The import price peaked at $676 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 Indonesia ($1,295 per ton), while the price for Portugal ($105 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 India (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Refuse Price in the Netherlands (FOB) - 2022

In 2022, the average tobacco refuse export price amounted to $1,268 per ton, dropping by -5.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 88%. Over the period under review, the average export prices reached the peak figure at $5,555 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Hungary ($1,500 per ton) and Germany ($1,330 per ton), while the average price for exports to Belgium ($1,146 per ton) and Croatia ($1,218 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Refuse Imports in the Netherlands

In 2022, overseas purchases of tobacco refuses decreased by -58.2% to 8.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year.

In value terms, tobacco refuse imports shrank significantly to $5.1M in 2022. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 73% against the previous year.

Import of Tobacco Refuse in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique1.05.43.11.39.1%
ArgentinaN/AN/A1.01.00.0%
Belgium2.81.11.70.7-37.0%
Brazil0.81.62.10.6-9.1%
Italy0.71.01.20.5-10.6%
TurkeyN/A0.10.20.10.0%
Poland0.30.10.10.1-30.7%
Others1.02.32.70.8-7.2%
Total6.611.512.05.1-8.2%

Top Suppliers of Tobacco Refuse to the Netherlands in 2022:

  1. Mozambique (2.2K tons)
  2. Argentina (1.3K tons)
  3. Brazil (0.9K tons)
  4. Belgium (0.9K tons)
  5. Italy (0.8K tons)
  6. Poland (0.5K tons)
  7. Turkey (0.4K tons)

Tobacco Refuse Exports in the Netherlands

In 2022, overseas shipments of tobacco refuses decreased by -86.2% to 480 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,657% against the previous year. As a result, the exports attained the peak of 3.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tobacco refuse exports reduced rapidly to $608K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,562% against the previous year. As a result, the exports reached the peak of $4.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Tobacco Refuse in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2.23,2022,972400466.5%
Belgium38.98751,21212447.2%
CroatiaN/AN/AN/A47.90%
Hungary9.1N/AN/A23.737.6%
MalaysiaN/A268N/AN/A0%
SerbiaN/AN/A367N/A0%
Others23437999.912.5-62.3%
Total2844,7234,65160828.9%

Top Export Markets for Tobacco Refuse from the Netherlands in 2022:

  1. Switzerland (303.5 tons)
  2. Belgium (108.6 tons)
  3. Croatia (39.4 tons)
  4. Hungary (15.8 tons)

Source: IndexBox Market Intelligence Platform

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