Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in the Netherlands - 2023

Contents:

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

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Netherlands (FOB) - 2023

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $11,074 per ton in November 2023, remaining relatively unchanged against the previous month. In general, export price indicated mild growth from November 2022 to November 2023: its price increased at an average monthly rate of +1.9% 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, export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -15.8% against September 2023 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 97% m-o-m. The export price peaked at $13,148 per ton in September 2023; however, from October 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($51,278 per ton), while the average price for exports to Turkey ($5,488 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+36.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Netherlands (CIF) - 2022

The average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $16,633 per ton in 2022, with a decrease of -11.9% against the previous year. Over the period under review, the import price, however, saw a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 61% against the previous year. Over the period under review, average import prices hit record highs at $23,629 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Serbia ($118,512 per ton), while the price for Pakistan ($2,352 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Netherlands

In 2022, shipments abroad of tobacco; other than "homogenised" or "reconstituted" or "smoking"s decreased by -12.2% to 29K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,767%.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s fell rapidly to $245M in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 610%.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/A32.161.556.632.8%
Serbia0.12.59.437.9623.7%
PortugalN/A14.335.232.851.4%
Spain2.17.421.223.2122.7%
Germany7.314.735.716.932.3%
LithuaniaN/A18.633.215.9-7.5%
Czech RepublicN/A6.64.210.324.9%
UkraineN/A21.240.74.1-56.0%
Others16.466.520647.642.6%
Total25.9184447245111.5%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from the Netherlands in 2022:

  1. Turkey (8.1K tons)
  2. Serbia (5.7K tons)
  3. Portugal (5.0K tons)
  4. Lithuania (2.3K tons)
  5. Germany (2.2K tons)
  6. Czech Republic (1.3K tons)
  7. Spain (0.9K tons)
  8. Ukraine (0.4K tons)

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Netherlands

In 2022, after three years of growth, there was significant decline in overseas purchases of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, when their volume decreased by -74.3% to 698 tons. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of 2.7K tons, and then dropped remarkably in the following year.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s fell notably to $12M in 2022. Overall, imports recorded a sharp setback. The growth pace was the most rapid in 2020 when imports increased by 43%.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/A0.17.57400.0%
SerbiaN/AN/AN/A1.50%
Germany2.12.61.71.2-17.0%
India1.41.20.40.5-29.1%
ChinaN/A0.22.00.441.4%
Greece5.7N/A1.0N/A-58.1%
Italy12.92.69.5N/A-14.2%
Romania3.331.834.7N/A224.3%
PakistanN/AN/AN/AN/A0%
Others1.70.41.90.4-38.3%
Total27.238.851.211.6-24.7%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to the Netherlands in 2022:

  1. Hungary (493.0 tons)
  2. Germany (80.1 tons)
  3. India (60.3 tons)
  4. Serbia (12.9 tons)
  5. China (12.5 tons)
  6. Pakistan (11.5 tons)
  7. Italy (0.6 tons)
  8. Romania (0.1 tons)
  9. Greece (0.1 tons)

Source: IndexBox Market Intelligence Platform

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