Price for Tobacco; Partly or Wholly Stemmed or Stripped in Serbia - 2023
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Serbia (CIF) - 2023
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Serbia (FOB) - 2022
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Serbia
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Serbia
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Serbia (CIF) - 2023
In November 2023, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $5,805 per ton, waning by -5.4% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices hit record highs at $6,136 per ton in October 2023, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($7,770 per ton), while the price for Azerbaijan ($4,476 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Serbia (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $4,527 per ton in 2022, dropping by -9.9% against the previous year. Over the period under review, the export price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 11%. As a result, the export price reached the peak level of $6,122 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($5,315 per ton) and Italy ($4,212 per ton), while the average price for exports to Germany ($4,042 per ton) and Greece ($4,058 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+0.8%), while the prices for the other major destinations experienced a decline.
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Serbia
In 2022, imports of tobacco; partly or wholly stemmed or stripped into Serbia expanded remarkably to 18K tons, growing by 13% against 2021. Over the period under review, imports, however, showed a perceptible setback.
In value terms, imports of tobacco; partly or wholly stemmed or stripped amounted to $81M in 2022. Overall, imports, however, continue to indicate a abrupt slump.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 64.5 | 57.8 | 61.4 | 51.8 | -7.0% |
| Netherlands | 1.2 | 1.7 | 3.4 | 12.2 | 116.6% |
| Italy | 1.8 | 0.9 | 1.5 | 7.1 | 58.0% |
| Croatia | 4.4 | 6.1 | 3.7 | 3.6 | -6.5% |
| Germany | 5.6 | 3.7 | 0.9 | 1.7 | -32.8% |
| Brazil | 2.6 | 1.4 | 2.4 | 1.6 | -14.9% |
| United States | 7.9 | 1.2 | 1.5 | 0.7 | -55.4% |
| Others | 11.8 | 6.7 | 1.7 | 2.4 | -41.2% |
| Total | 99.7 | 79.5 | 76.7 | 81.1 | -6.7% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Serbia in 2022:
- Belgium (12.4K tons)
- Netherlands (2.8K tons)
- Italy (1.1K tons)
- Croatia (0.6K tons)
- Brazil (0.3K tons)
- Germany (0.2K tons)
- United States (0.1K tons)
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Serbia
In 2022, exports of tobacco; partly or wholly stemmed or stripped from Serbia rose notably to 5K tons, with an increase of 13% on the year before. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +66.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of tobacco; partly or wholly stemmed or stripped rose slightly to $23M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +56.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.4 | 9.3 | 14.7 | 9.3 | 3.5% |
| Greece | 0.4 | 1.3 | 4.4 | 8.0 | 171.4% |
| Italy | 5.4 | 2.1 | 1.8 | 3.3 | -15.1% |
| Bulgaria | 1.6 | 1.4 | 0.6 | 1.9 | 5.9% |
| Others | 0.3 | 0.3 | 0.7 | 0.3 | 0.0% |
| Total | 16.1 | 14.5 | 22.2 | 22.7 | 12.1% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Serbia in 2022:
- Greece (2.0K tons)
- Belgium (1.8K tons)
- Italy (0.8K tons)
- Bulgaria (0.4K tons)
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This report provides an in-depth analysis of the unmanufactured tobacco market in Serbia.
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This report provides an in-depth analysis of the global unmanufactured tobacco market.
167
This report provides an in-depth analysis of the unmanufactured tobacco market in Serbia.
2352
This report provides an in-depth analysis of the global unmanufactured tobacco market.
814
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
814
Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.
