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

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Switzerland (CIF) - 2023
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Switzerland (FOB) - 2022
  3. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Switzerland
  4. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Switzerland

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

In August 2023, the average tobacco, unmanufactured; tobacco refuse import price amounted to $7,675 per ton, surging by 6% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 11% against the previous month. The import price peaked in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($10,202 per ton), while the price for Malawi ($4,957 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Switzerland (FOB) - 2022

The average tobacco, unmanufactured; tobacco refuse export price stood at $9,541 per ton in 2022, falling by -14.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 an increase of 26%. As a result, the export price attained the peak level of $11,107 per ton, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($18,308 per ton), while the average price for exports to Uzbekistan ($245 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 the Netherlands (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Switzerland

Tobacco, unmanufactured; tobacco refuse imports into Switzerland dropped modestly to 12K tons in 2022, with a decrease of -4.8% against the previous year. Over the period under review, imports saw a abrupt slump. The smallest decline of -3.9% was in 2021.

In value terms, tobacco, unmanufactured; tobacco refuse imports dropped to $80M in 2022. Overall, imports recorded a deep slump. The smallest decline of -5.4% was in 2021.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany47.937.136.432.8-11.9%
Brazil23.516.612.814.7-14.5%
Italy3.52.94.03.0-5.0%
Mozambique4.04.13.13.0-9.1%
India1.72.31.92.818.1%
Argentina3.22.42.42.5-7.9%
Zimbabwe1.32.82.42.422.7%
Turkey3.62.73.12.3-13.9%
United States5.84.74.42.2-27.6%
Malawi1.71.31.72.17.3%
China2.11.61.51.2-17.0%
Spain0.92.12.61.16.9%
Tanzania3.90.80.1N/A-84.0%
Others13.412.412.49.9-9.6%
Total11694.089.080.0-11.6%

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

  1. Germany (4476.6 tons)
  2. Brazil (2222.4 tons)
  3. Argentina (581.7 tons)
  4. Mozambique (542.3 tons)
  5. Zimbabwe (540.7 tons)
  6. India (438.2 tons)
  7. Italy (426.1 tons)
  8. Malawi (410.6 tons)
  9. Turkey (364.9 tons)
  10. China (318.9 tons)
  11. United States (305.4 tons)
  12. Spain (194.1 tons)
  13. Tanzania (2.0 tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Switzerland

For the third year in a row, Switzerland recorded decline in shipments abroad of tobacco, unmanufactured; tobacco refuses, which decreased by -8.7% to 916 tons in 2022. Overall, exports recorded a deep slump. The smallest decline of -8.2% was in 2021.

In value terms, tobacco, unmanufactured; tobacco refuse exports fell markedly to $8.7M in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of $11M, and then contracted remarkably in the following year.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.13.73.93.3-13.5%
Germany1.92.31.92.611.0%
Netherlands1.62.32.91.72.0%
Belgium2.11.20.81.1-19.4%
RussiaN/AN/AN/AN/A0%
UzbekistanN/AN/AN/AN/A0%
OthersN/A0.11.6N/A1500.0%
Total10.89.711.28.7-7.0%

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

  1. Belgium (285.7 tons)
  2. Netherlands (193.9 tons)
  3. Germany (191.2 tons)
  4. Spain (179.6 tons)
  5. Uzbekistan (38.1 tons)
  6. Russia (24.0 tons)

Source: IndexBox Market Intelligence Platform

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