Price for Tobacco; "Homogenised" or "Reconstituted" in Romania - 2023

Contents:

  1. Price for Tobacco; "Homogenised" or "Reconstituted" in Romania (CIF) - 2023
  2. Price for Tobacco; "Homogenised" or "Reconstituted" in Romania (FOB) - 2022
  3. Imports of Tobacco; "Homogenised" or "Reconstituted" in Romania
  4. Exports of Tobacco; "Homogenised" or "Reconstituted" in Romania

Price for Tobacco; "Homogenised" or "Reconstituted" in Romania (CIF) - 2023

The average tobacco; "homogenised" or "reconstituted" import price stood at $3,817 per ton in July 2023, falling by -36.3% against the previous month. Overall, the import price, however, showed slight growth. The pace of growth was the most pronounced in December 2022 an increase of 91% against the previous month. As a result, import price attained the peak level of $7,124 per ton. From January 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($17,665 per ton), while the price for France ($777 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 the Netherlands (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco; "Homogenised" or "Reconstituted" in Romania (FOB) - 2022

The average tobacco; "homogenised" or "reconstituted" export price stood at $10,868 per ton in 2022, which is down by -29.4% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 55% against the previous year. The export price peaked at $15,399 per ton in 2021, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($14,145 per ton), while the average price for exports to Turkey ($4,093 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 Poland (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tobacco; "Homogenised" or "Reconstituted" in Romania

In 2022, purchases abroad of tobacco; "homogenised" or "reconstituted"s decreased by -46.9% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 13%.

In value terms, tobacco; "homogenised" or "reconstituted" imports declined markedly to $5.1M in 2022. Over the period under review, imports faced a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 2.8%.

Import of Tobacco; "Homogenised" or "Reconstituted" in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.92.32.31.90.0%
France0.11.63.21.2128.9%
Netherlands6.15.65.50.7-51.4%
United States1.70.90.60.7-25.6%
Italy4.70.7N/A0.3-60.0%
Greece0.20.8N/A0.314.5%
China0.20.1N/AN/A-50.0%
OthersN/AN/A0.9N/A0%
Total15.012.112.55.1-30.2%

Top Suppliers of Tobacco; "Homogenised" or "Reconstituted" to Romania in 2022:

  1. Belgium (602.6 tons)
  2. France (367.2 tons)
  3. United States (168.5 tons)
  4. Netherlands (82.7 tons)
  5. Greece (38.2 tons)
  6. Italy (28.0 tons)

Exports of Tobacco; "Homogenised" or "Reconstituted" in Romania

In 2022, overseas shipments of tobacco; "homogenised" or "reconstituted"s decreased by -50.5% to 132 tons, falling for the second year in a row after two years of growth. In general, exports saw a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 844 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tobacco; "homogenised" or "reconstituted" exports reduced markedly to $1.4M in 2022. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports attained the peak of $12M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Tobacco; "Homogenised" or "Reconstituted" in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A0.70%
Netherlands1.8N/AN/A0.3-45.0%
Russia8.211.21.10.2-71.0%
TurkeyN/AN/A2.20.1-95.5%
CroatiaN/AN/A0.40.1-75.0%
South KoreaN/A0.7N/AN/A0%
Greece0.20.20.3N/A22.5%
PolandN/A0.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total10.212.34.11.4-48.4%

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Romania in 2022:

  1. Switzerland (52.3 tons)
  2. Netherlands (30.6 tons)
  3. Turkey (20.8 tons)
  4. Russia (15.8 tons)
  5. Poland (6.6 tons)
  6. Croatia (6.0 tons)
  7. Greece (0.3 tons)

Source: IndexBox Market Intelligence Platform

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