Eastern Europe: Market for Manufactured Tobacco, Extracts And Essences 2024

Market Size for Manufactured Tobacco, Extracts And Essences in Eastern Europe

In 2023, the East European market for manufactured tobacco, extracts and essences decreased by X% to $X, falling for the second year in a row after five years of growth. In general, consumption showed a relatively flat trend pattern. 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.

Production of Manufactured Tobacco, Extracts And Essences in Eastern Europe

In value terms, manufactured tobacco, extracts and essences production shrank modestly to $X in 2023 estimated in export price. The total production indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

Exports of Manufactured Tobacco, Extracts And Essences

Exports in Eastern Europe

Manufactured tobacco, extracts and essences exports soared to X tons in 2023, growing by X% against 2022 figures. Over the period under review, exports posted temperate growth. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, manufactured tobacco, extracts and essences exports soared to $X in 2023. Overall, exports posted resilient growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Russia (X tons) was the major exporter of manufactured tobacco, extracts and essences, achieving X% of total exports. It was distantly followed by Poland (X tons), mixing up a X% share of total exports. The following exporters - the Czech Republic (X tons) and Hungary (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to manufactured tobacco, extracts and essences exports from Russia stood at X%. At the same time, Hungary (X%) and Poland (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland and Hungary increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest manufactured tobacco, extracts and essences supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Hungary, with an X% share.

In Russia, manufactured tobacco, extracts and essences exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Imports of Manufactured Tobacco, Extracts And Essences

Imports in Eastern Europe

Manufactured tobacco, extracts and essences imports surged to X tons in 2023, picking up by X% on 2022 figures. Over the period under review, imports enjoyed a measured increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, manufactured tobacco, extracts and essences imports contracted remarkably to $X in 2023. In general, imports enjoyed temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Poland represented the major importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Russia (X tons), the Czech Republic (X tons) and Romania (X tons), together committing a X% share of total imports. Lithuania (X tons), Ukraine (X tons) and Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manufactured tobacco, extracts and essences importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), with a combined X% share of total imports.

In terms of the main importing countries, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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 import price in Eastern Europe amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, posted slight growth. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform