Price for Tobacco; Partly or Wholly Stemmed or Stripped in Estonia - 2022

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Estonia (CIF) - 2022
  2. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Estonia

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Estonia (CIF) - 2022

The average import price for tobacco; partly or wholly stemmed or stripped stood at $19,529 per ton in July 2021, rising by 235% against the previous month. In general, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From May 2021 to July 2021, the rate of growth in terms of prices for Latvia amounted to +22.3% per month.

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Estonia

In 2022, imports of tobacco; partly or wholly stemmed or stripped into Estonia contracted significantly to 41 tons, which is down by -50% compared with the previous year. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 4,144,000%. As a result, imports reached the peak of 83 tons, and then declined notably in the following year.

In value terms, imports of tobacco; partly or wholly stemmed or stripped fell significantly to $213K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 7,093,250%. As a result, imports attained the peak of $426K, and then fell dramatically in the following year.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.7N/A426207566.2%
BulgariaN/AN/AN/A4.80%
Others2.3N/AN/A1.3-17.3%
Total3.0N/A426213314.1%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Estonia in 2022:

  1. Italy (39.6 tons)
  2. Bulgaria (1.5 tons)

Source: IndexBox Market Intelligence Platform

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