Belgium - Manufactured Tobacco, Extracts And Essences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Manufactured Tobacco, Extracts and Essences in Belgium - 2023
Contents:
- Price for Manufactured Tobacco, Extracts and Essences in Belgium (FOB) - 2023
- Price for Manufactured Tobacco, Extracts and Essences in Belgium (CIF) - 2023
- Exports of Manufactured Tobacco, Extracts and Essences in Belgium
- Imports of Manufactured Tobacco, Extracts and Essences in Belgium
Price for Manufactured Tobacco, Extracts and Essences in Belgium (FOB) - 2023
In July 2023, the average export price for manufactured tobacco, extracts and essences amounted to $8,295 per ton, with an increase of 52% against the previous month. Overall, export price indicated notable growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, manufactured tobacco, extracts and essences export price increased by +57.5% against December 2022 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was France ($71,740 per ton), while the average price for exports to Taiwan (Chinese) ($2,941 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Manufactured Tobacco, Extracts and Essences in Belgium (CIF) - 2023
In July 2023, the average import price for manufactured tobacco, extracts and essences amounted to $3,136 per ton, declining by -8.8% against the previous month. In general, import price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, manufactured tobacco, extracts and essences import price decreased by -16.5% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 14% m-o-m. The import price peaked at $3,756 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($4,094 per ton), while the price for France totaled $2,759 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+3.1%).
Exports of Manufactured Tobacco, Extracts and Essences in Belgium
In 2022, approx. 22K tons of manufactured tobacco, extracts and essences were exported from Belgium; growing by 4.9% compared with the year before. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,730% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, manufactured tobacco, extracts and essences exports amounted to $118M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 185%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Manufactured Tobacco, Extracts and Essences in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 0.2 | 18.6 | 19.5 | 20.2 | 365.7% |
Germany | 3.6 | 14.7 | 14.4 | 17.0 | 67.8% |
Turkey | N/A | 7.4 | 11.5 | 12.1 | 27.9% |
Philippines | N/A | N/A | N/A | 4.5 | 0% |
Portugal | 0.7 | 4.3 | 3.1 | 3.5 | 71.0% |
Luxembourg | 0.4 | 3.8 | 2.8 | 2.6 | 86.6% |
Romania | N/A | 2.4 | 2.0 | 2.1 | -6.5% |
Russia | N/A | 2.7 | 6.6 | 1.9 | -16.1% |
Serbia | N/A | 0.3 | 0.2 | 1.6 | 130.9% |
Czech Republic | 0.4 | 5.1 | 2.4 | 1.4 | 51.8% |
Others | 33.3 | 50.1 | 54.6 | 50.8 | 15.1% |
Total | 38.5 | 110 | 117 | 118 | 45.3% |
Top Export Markets for Manufactured Tobacco, Extracts and Essences from Belgium in 2022:
- Poland (6.2K tons)
- Germany (4.6K tons)
- Turkey (3.8K tons)
- Portugal (1.2K tons)
- Philippines (1.2K tons)
- Russia (0.7K tons)
- Romania (0.6K tons)
- Luxembourg (0.6K tons)
- Czech Republic (0.5K tons)
- Serbia (0.5K tons)
Imports of Manufactured Tobacco, Extracts and Essences in Belgium
For the fourth consecutive year, Belgium recorded growth in supplies from abroad of manufactured tobacco, extracts and essences, which increased by 23% to 27K tons in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 767% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, manufactured tobacco, extracts and essences imports rose markedly to $76M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 273% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Manufactured Tobacco, Extracts and Essences in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 4.2 | 25.2 | 40.0 | 38.5 | 109.3% |
Netherlands | 9.3 | 27.2 | 24.2 | 31.7 | 50.5% |
Others | 2.6 | 7.7 | 3.9 | 5.5 | 28.4% |
Total | 16.1 | 60.0 | 68.2 | 75.7 | 67.5% |
Top Suppliers of Manufactured Tobacco, Extracts and Essences to Belgium in 2022:
- France (16.9K tons)
- Netherlands (8.8K tons)
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Belgium.
This report provides an in-depth analysis of the tobacco market in Belgium.
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This report provides an in-depth analysis of the global market for manufactured tobacco, extracts and essences.
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Global Smoking Tobacco Market Report 2018. This report provides an in-depth analysis of the global smoking tobacco market.
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Belgium.
This report provides an in-depth analysis of the tobacco market in Belgium.
This report provides an in-depth analysis of the smoking tobacco market in Belgium.
This report provides an in-depth analysis of the global market for manufactured tobacco, extracts and essences.
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...