Price for Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg (CIF) - 2023
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg (CIF) - 2023
In October 2023, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $1,058 per ton, falling by -81.9% against the previous month. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in January 2023 an increase of 19% m-o-m. The import price peaked at $5,893 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Zimbabwe.
From October 2022 to October 2023, the rate of growth in terms of prices for Belgium amounted to +2.9% per month.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg (FOB) - 2022
In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $3,882 per ton, declining by -29.7% against the previous year. In general, the export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 47% against the previous year. The export price peaked at $5,521 per ton in 2021, and then shrank rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Hungary.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +6.0% per year.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg
In 2022, imports of tobacco; partly or wholly stemmed or stripped into Luxembourg skyrocketed to 5.2K tons, increasing by 21% compared with the previous year. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tobacco; partly or wholly stemmed or stripped rose to $23M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports attained the peak of $27M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.8 | 25.8 | 20.8 | 22.5 | 57.1% |
| Italy | 5.0 | N/A | N/A | 0.6 | -50.7% |
| China | 1.4 | N/A | N/A | N/A | 0% |
| India | 3.8 | N/A | N/A | N/A | 0% |
| Brazil | 1.9 | N/A | N/A | N/A | 0% |
| Others | 5.8 | 1.2 | 1.9 | 0.1 | -74.2% |
| Total | 23.7 | 27.0 | 22.7 | 23.2 | -0.7% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Luxembourg in 2022:
- Belgium (5.1K tons)
- Italy (0.1K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg
In 2022, exports of tobacco; partly or wholly stemmed or stripped from Luxembourg surged to 5.7 tons, growing by 377% compared with the previous year. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tobacco; partly or wholly stemmed or stripped surged to $22K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Hungary | 6.6 | 22.2 | 236.4% | ||
| Others | N/A | N/A | 0% | ||
| Total | 6.6 | 22.2 | 236.4% | ||
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Luxembourg in 2022:
- Hungary (5.7 tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Luxembourg.
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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 Luxembourg.
2351
This report provides an in-depth analysis of the global unmanufactured tobacco market.
813
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
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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
813
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
