Price for Tobacco, Unmanufactured; Tobacco Refuse in Croatia - 2023

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Croatia (FOB) - 2023
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Croatia (CIF) - 2023
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Croatia
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Croatia

Price for Tobacco, Unmanufactured; Tobacco Refuse in Croatia (FOB) - 2023

In June 2023, the average tobacco, unmanufactured; tobacco refuse export price amounted to $6,022 per ton, with a decrease of -6.4% against the previous month. Overall, export price indicated a noticeable increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, tobacco, unmanufactured; tobacco refuse export price increased by +2.5% against April 2023 indices. The pace of growth appeared the most rapid in September 2022 an increase of 20% m-o-m. Over the period under review, the average export prices reached the peak figure at $7,085 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($11,362 per ton), while the average price for exports to Greece ($862 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Croatia (CIF) - 2023

In June 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $6,701 per ton, surging by 14% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $6,874 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($15,302 per ton), while the price for Iran ($2,834 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Croatia

For the fourth year in a row, Croatia recorded growth in shipments abroad of tobacco, unmanufactured; tobacco refuses, which increased by 30% to 17K tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports skyrocketed to $89M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A6.014.915.962.8%
United Arab EmiratesN/A3.318.214.9112.5%
Romania12.510.39.58.9-10.7%
Hungary4.03.32.07.422.8%
Jordan1.68.04.37.063.6%
Serbia4.46.04.54.82.9%
Greece1.1N/A0.63.851.2%
Poland2.72.91.92.70.0%
RussiaN/A0.20.32.7267.4%
Turkey0.42.42.72.481.7%
Italy0.40.90.52.379.2%
PortugalN/AN/AN/A2.30%
FranceN/AN/AN/A0.10%
Others20.021.114.813.6-12.1%
Total47.264.474.288.923.5%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Croatia in 2022:

  1. Germany (4.1K tons)
  2. United Arab Emirates (1.9K tons)
  3. Romania (1.5K tons)
  4. Hungary (1.2K tons)
  5. Jordan (1.1K tons)
  6. Serbia (0.9K tons)
  7. Greece (0.8K tons)
  8. Russia (0.8K tons)
  9. Italy (0.7K tons)
  10. France (0.7K tons)
  11. Poland (0.5K tons)
  12. Turkey (0.4K tons)
  13. Portugal (0.4K tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Croatia

In 2022, tobacco, unmanufactured; tobacco refuse imports into Croatia skyrocketed to 16K tons, increasing by 18% against the previous year. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse imports skyrocketed to $97M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.66.213.114.128.8%
NetherlandsN/AN/AN/A12.50%
India3.41.43.611.751.0%
Brazil15.513.210.110.3-12.7%
Mozambique4.82.82.59.525.6%
Poland4.36.87.08.023.0%
Belgium6.813.17.06.7-0.5%
France7.85.85.16.2-7.4%
Germany4.56.66.35.03.6%
Bulgaria5.64.85.64.3-8.4%
United States5.91.12.41.0-44.7%
Others7.36.19.17.2-0.5%
Total72.567.971.796.510.0%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Croatia in 2022:

  1. Italy (2.0K tons)
  2. Netherlands (1.9K tons)
  3. Brazil (1.8K tons)
  4. Poland (1.8K tons)
  5. India (1.8K tons)
  6. Mozambique (1.4K tons)
  7. Germany (1.2K tons)
  8. France (1.1K tons)
  9. Belgium (1.1K tons)
  10. Bulgaria (0.5K tons)
  11. United States (0.1K tons)

Source: IndexBox Market Intelligence Platform

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