Czech Republic: Market for Manufactured Tobacco, Extracts And Essences 2024

Market Size for Manufactured Tobacco, Extracts And Essences in the Czech Republic

The Czech market for manufactured tobacco, extracts and essences surged to $X in 2023, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate strong growth. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from the Czech Republic

In 2023, approx. X tons of manufactured tobacco, extracts and essences were exported from the Czech Republic; with an increase of X% compared with 2022. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, manufactured tobacco, extracts and essences exports surged to $X in 2023. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons) was the main destination for manufactured tobacco, extracts and essences exports from the Czech Republic, accounting for a X% share of total exports. Moreover, manufactured tobacco, extracts and essences exports to Switzerland exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Switzerland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Poland (X% per year).

In value terms, the largest markets for manufactured tobacco, extracts and essences exported from the Czech Republic were Slovenia ($X), Slovakia ($X) and Germany ($X), together accounting for X% of total exports. Switzerland, Poland and Sweden lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for manufactured tobacco, extracts and essences stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into the Czech Republic

In 2023, the amount of manufactured tobacco, extracts and essences imported into the Czech Republic skyrocketed to X tons, growing by X% on the year before. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, manufactured tobacco, extracts and essences imports skyrocketed to $X in 2023. Overall, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of manufactured tobacco, extracts and essences imports to the Czech Republic, with a combined X% share of total imports. Malaysia, India and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest manufactured tobacco, extracts and essences suppliers to the Czech Republic were Germany ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total imports. India, Malaysia and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for manufactured tobacco, extracts and essences amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform