Price for Tobacco; Partly or Wholly Stemmed or Stripped in Denmark - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Denmark (CIF) - 2023
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Denmark (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Denmark
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Denmark
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Denmark (CIF) - 2023
The average import price for tobacco; partly or wholly stemmed or stripped stood at $7,395 per ton in October 2023, growing by 14% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $8,245 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($19,103 per ton), while the price for Zambia ($568 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Denmark (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $16,852 per ton in 2022, with an increase of 182% against the previous year. Over the period under review, the export price showed temperate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Norway ($41,274 per ton), while the average price for exports to Belgium ($4,788 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 Norway (+32.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Denmark
In 2022, imports of tobacco; partly or wholly stemmed or stripped into Denmark surged to 5.4K tons, growing by 26% against 2021 figures. The total import volume increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $32M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 5.0 | 7.8 | 4.4 | 10.8 | 29.3% |
| Malawi | 4.1 | 5.1 | 5.9 | 7.4 | 21.8% |
| Zambia | 0.3 | 0.6 | 1.5 | 2.6 | 105.4% |
| India | 1.8 | 2.2 | 2.3 | 2.5 | 11.6% |
| Argentina | 1.0 | 0.7 | 1.5 | 2.4 | 33.9% |
| Philippines | 1.7 | 1.3 | 1.4 | 1.9 | 3.8% |
| Bangladesh | 1.0 | 1.1 | 0.5 | 1.4 | 11.9% |
| Germany | 0.7 | 0.6 | 1.1 | 1.3 | 22.9% |
| United States | 1.0 | 1.3 | 1.4 | 0.7 | -11.2% |
| Tanzania | 0.9 | 0.9 | N/A | N/A | 0.0% |
| Others | 2.9 | 1.7 | 1.4 | 1.5 | -19.7% |
| Total | 20.3 | 23.5 | 21.5 | 32.4 | 16.9% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Denmark in 2022:
- Brazil (1554.9 tons)
- Malawi (1353.4 tons)
- India (538.6 tons)
- Zambia (461.5 tons)
- Argentina (353.9 tons)
- Philippines (322.7 tons)
- Bangladesh (237.7 tons)
- Germany (193.1 tons)
- United States (70.6 tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Denmark
Exports of tobacco; partly or wholly stemmed or stripped from Denmark reduced markedly to 13 tons in 2022, dropping by -84.7% against 2021 figures. Over the period under review, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 2,241% against the previous year. As a result, the exports attained the peak of 82 tons, and then shrank remarkably in the following year.
In value terms, exports of tobacco; partly or wholly stemmed or stripped fell rapidly to $212K in 2022. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,567%. As a result, the exports attained the peak of $492K, and then declined significantly in the following year.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | 50.3 | 124 | 146.5% |
| Belgium | N/A | 12.1 | 11.3 | 38.3 | 77.9% |
| Italy | 2.2 | 1.9 | 6.3 | 9.8 | 64.5% |
| Germany | 3.3 | 4.1 | 4.4 | 5.9 | 21.4% |
| Sweden | 71.4 | N/A | N/A | N/A | 0% |
| United States | N/A | 10.1 | 10.9 | N/A | 7.9% |
| United Arab Emirates | 57.0 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 408 | N/A | 0% |
| Others | 0.2 | 1.3 | 0.2 | 33.6 | 451.8% |
| Total | 134 | 29.5 | 492 | 212 | 16.5% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Denmark in 2022:
- Belgium (8.0 tons)
- Norway (3.0 tons)
- Italy (0.9 tons)
- Germany (0.6 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Denmark.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
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This report provides an in-depth analysis of the unmanufactured tobacco market in Denmark.
2395
This report provides an in-depth analysis of the global unmanufactured tobacco market.
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Global unmanufactured tobacco consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the unmanufactured tobacco output was China (X thousand tons), accounting for X% of global production.
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Brazil seized control of the tobacco market. In 2014, Brazil exported X thousand tons of tobacco totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it supplied X% of its total tobacco exports in
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Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
