Price for Tobacco, (Not Stemmed or Stripped) in Estonia - 2023

Contents:

1. Price for Tobacco, (Not Stemmed or Stripped) in Estonia (FOB) - 2022
2. Exports of Tobacco, (Not Stemmed or Stripped) in Estonia

Price for Tobacco, (Not Stemmed or Stripped) in Estonia (FOB) - 2022

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $340,736 per ton, shrinking by -13.6% against the previous year. Overall, the export price, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2018 an increase of 64% against the previous year. The export price peaked at $394,401 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($434,629 per ton), while the average price for exports to Poland ($287,440 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+96.2%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Tobacco, (Not Stemmed or Stripped) in Estonia

For the third consecutive year, Estonia recorded growth in shipments abroad of tobacco, (not stemmed or stripped)s, which increased by 23% to 1 tons in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 319%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, tobacco, (not stemmed or stripped) exports reached $343K in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 347% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Estonia in 2022:

1. Belgium (224.0 kg)
2. Germany (211.0 kg)
3. Netherlands (139.0 kg)
4. Ireland (121.0 kg)
5. Sweden (108.0 kg)
6. Denmark (43.0 kg)
7. France (43.0 kg)
8. Romania (35.0 kg)
9. Croatia (35.0 kg)
10. Poland (25.0 kg)
11. Finland (24.0 kg)

Source: IndexBox Market Intelligence Platform