Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in Estonia - 2023
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia (CIF) - 2023
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia (FOB) - 2022
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia (CIF) - 2023
In November 2023, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $113K per ton, declining by -8.6% against the previous month. Overall, import price indicated a modest increase from November 2022 to November 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s increased by +40.5% against August 2023 indices. The growth pace was the most rapid in May 2023 when the average import price increased by 41% month-to-month. The import price peaked at $129K per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Denmark ($149K per ton), while the price for Lithuania amounted to $76,962 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.0%).
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia (FOB) - 2022
The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $99,453 per ton in 2022, declining by -10.2% against the previous year. Overall, the export price, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2014 an increase of 15%. Over the period under review, the average export prices hit record highs at $157,295 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($173,349 per ton), while the average price for exports to Iceland ($70,575 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 Lithuania (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia
In 2022, supplies from abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -9.9% to 159 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 328% against the previous year.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s reduced dramatically to $4.4M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 275%.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 562 | 1,564 | 1,804 | 79.2% |
| Hungary | N/A | N/A | 1,803 | 1,381 | -23.4% |
| Lithuania | N/A | 187 | 173 | 461 | 57.0% |
| Latvia | 33.5 | 543 | 1,889 | 392 | 127.0% |
| Sweden | 705 | 328 | 604 | 185 | -36.0% |
| India | 110 | 39.8 | 385 | 63.3 | -16.8% |
| United Kingdom | N/A | 838 | 15.2 | N/A | -98.2% |
| Others | 5.7 | 703 | 542 | 97.5 | 157.7% |
| Total | 854 | 3,201 | 6,975 | 4,385 | 72.5% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Estonia in 2022:
- Hungary (129.6 tons)
- Denmark (14.0 tons)
- Lithuania (7.9 tons)
- Latvia (3.3 tons)
- Sweden (1.7 tons)
- India (0.7 tons)
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia
In 2022, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s from Estonia surged to 23 tons, jumping by 112% compared with the previous year. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 567%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s skyrocketed to $2.3M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 385%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 10.7 | 555 | 1,637 | 1136.9% |
| Latvia | 190 | 783 | 253 | 290 | 15.1% |
| Poland | N/A | N/A | 125 | 124 | -0.8% |
| Iceland | N/A | 6.1 | 93.5 | 70.9 | 240.9% |
| Andorra | N/A | N/A | 53.1 | 56.2 | 5.8% |
| United Kingdom | N/A | 55.2 | 9.6 | 2.4 | -79.1% |
| Russia | N/A | N/A | 49.0 | N/A | 0% |
| Others | N/A | 65.0 | 60.2 | 101 | 24.7% |
| Total | 190 | 920 | 1,198 | 2,282 | 129.0% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Estonia in 2022:
- Lithuania (17.2 tons)
- Latvia (2.9 tons)
- Iceland (1.0 tons)
- Poland (0.7 tons)
- Andorra (0.5 tons)
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