Price for Tobacco, (Not Stemmed or Stripped) in Sweden - 2023

Contents:

1. Price for Tobacco, (Not Stemmed or Stripped) in Sweden (CIF) - 2022
2. Price for Tobacco, (Not Stemmed or Stripped) in Sweden (FOB) - 2022
3. Imports of Tobacco, (Not Stemmed or Stripped) in Sweden
4. Exports of Tobacco, (Not Stemmed or Stripped) in Sweden

Price for Tobacco, (Not Stemmed or Stripped) in Sweden (CIF) - 2022

The average import price for tobacco, (not stemmed or stripped)s stood at $4,617 per ton in 2022, growing by 42% against the previous year. Overall, the import price posted modest growth. The growth pace was the most rapid in 2018 when the average import price increased by 58%. As a result, import price attained the peak level of $6,518 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($7,456 per ton), while the price for India ($3,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+59.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Sweden (FOB) - 2022

The average export price for tobacco, (not stemmed or stripped)s stood at $5,244 per ton in 2022, declining by -83.8% against the previous year. In general, the export price, however, posted a slight expansion. The growth pace was the most rapid in 2020 when the average export price increased by 705% against the previous year. As a result, the export price reached the peak level of $44,231 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($5,245 per ton), while the average price for exports to Iceland stood at $5,240 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+58.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, (Not Stemmed or Stripped) in Sweden

In 2022, overseas purchases of tobacco, (not stemmed or stripped)s decreased by -35.3% to 167 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 321 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tobacco, (not stemmed or stripped) imports shrank to $770K in 2022. In general, imports recorded a abrupt decrease. The smallest decline of -3.8% was in 2021.

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Sweden in 2022:

1. India (96.8 tons)
2. Philippines (38.0 tons)
3. Argentina (27.0 tons)
4. Malawi (4.0 tons)

Exports of Tobacco, (Not Stemmed or Stripped) in Sweden

Tobacco, (not stemmed or stripped) exports from Sweden soared to 9.4 tons in 2022, growing by 7,611% against the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, (not stemmed or stripped) exports surged to $49K in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Sweden in 2022:

1. Switzerland (8.9 tons)
2. Iceland (0.4 tons)

Source: IndexBox Market Intelligence Platform