Price for Tobacco; other than "homogenised" or "reconstituted" or "smoking" in the United Kingdom - 2023
Contents:
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK (CIF) - 2022
- Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK (FOB) - 2022
- Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK
- Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK (CIF) - 2022
In 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $20,112 per ton, shrinking by -16.9% against the previous year. Overall, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 116% against the previous year. As a result, import price reached the peak level of $29,374 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($62,500 per ton), while the price for Pakistan ($2,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK (FOB) - 2022
The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $29,596 per ton in 2022, increasing by 57% against the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 130% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($120,921 per ton), while the average price for exports to Poland ($3,217 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 Switzerland (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK
In 2022, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s into the UK skyrocketed to 771 tons, jumping by 21% compared with 2021. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 199%. As a result, imports reached the peak of 840 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $16M in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 170% against the previous year. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.9 | 1.0 | 0.9 | 10.6 | 77.4% |
| Romania | 1.4 | 14.9 | 9.4 | 3.6 | 37.0% |
| Pakistan | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Sweden | 2.9 | 3.9 | 0.3 | 0.4 | -48.3% |
| Germany | 1.1 | 0.6 | 0.3 | 0.2 | -43.3% |
| Others | 0.7 | 1.1 | 4.2 | 0.3 | -24.6% |
| Total | 8.0 | 21.6 | 15.4 | 15.5 | 24.7% |
Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to the UK in 2022:
- Italy (411.1 tons)
- Pakistan (156.9 tons)
- Romania (143.0 tons)
- Sweden (44.0 tons)
- Germany (8.6 tons)
Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK
In 2022, the amount of tobacco; other than "homogenised" or "reconstituted" or "smoking"s exported from the UK rose notably to 194 tons, surging by 11% on the previous year's figure. Overall, exports, however, recorded a sharp contraction.
In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s surged to $5.7M in 2022. Over the period under review, exports, however, recorded a precipitous setback.
| Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 0.8 | 1.2 | 1.5 | 95.7% |
| Switzerland | 0.8 | 0.7 | 0.7 | 0.6 | -9.1% |
| Ireland | 0.5 | 0.3 | 0.1 | 0.3 | -15.7% |
| Netherlands | N/A | 0.2 | 0.1 | 0.1 | -29.3% |
| Poland | 8.9 | 0.1 | N/A | 0.1 | -77.6% |
| Germany | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Russia | 15.3 | N/A | N/A | N/A | 0% |
| South Korea | 6.3 | N/A | N/A | N/A | 0% |
| Uzbekistan | 2.1 | N/A | N/A | N/A | 0% |
| South Africa | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Singapore | 3.5 | N/A | N/A | N/A | 0% |
| Turkey | 15.6 | N/A | N/A | N/A | 0% |
| Ukraine | 7.4 | N/A | N/A | N/A | 0% |
| Others | 4.5 | 0.9 | 0.8 | 3.0 | -12.6% |
| Total | 65.4 | 3.1 | 3.3 | 5.7 | -55.7% |
Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from the UK in 2022:
- United States (84.2 tons)
- Poland (28.6 tons)
- Germany (15.9 tons)
- Ireland (14.4 tons)
- Netherlands (8.4 tons)
- Switzerland (5.1 tons)
- South Africa (4.6 tons)
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