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

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Italy (CIF) - 2023
  2. Price for Tobacco, (Not Stemmed or Stripped) in Italy (FOB) - 2023
  3. Imports of Tobacco, (Not Stemmed or Stripped) in Italy
  4. Exports of Tobacco, (Not Stemmed or Stripped) in Italy

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

In June 2023, the average import price for tobacco, (not stemmed or stripped)s amounted to $6,439 per ton, waning by -7.7% against the previous month. Overall, import price indicated a buoyant expansion from June 2022 to June 2023: its price increased at an average monthly rate of +5.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, tobacco, (not stemmed or stripped) import price increased by +67.9% against February 2023 indices. The pace of growth was the most pronounced in July 2022 when the average import price increased by 57% m-o-m. Over the period under review, average import prices hit record highs at $7,489 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($9,668 per ton), while the price for Peru ($4,240 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In June 2023, the average export price for tobacco, (not stemmed or stripped)s amounted to $7,579 per ton, shrinking by -19.5% against the previous month. Overall, the export price, however, continues to indicate a slight increase. The growth pace was the most rapid in August 2022 an increase of 116% against the previous month. The export price peaked at $11,845 per ton in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($11,350 per ton), while the average price for exports to Uruguay ($5,822 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, (Not Stemmed or Stripped) in Italy

In 2022, tobacco, (not stemmed or stripped) imports into Italy rose markedly to 18K tons, surging by 10% against 2021 figures. Overall, imports, however, recorded a slight reduction. The pace of growth was the most pronounced in 2021 with an increase of 14%.

In value terms, tobacco, (not stemmed or stripped) imports stood at $74M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Tobacco, (Not Stemmed or Stripped) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland12.57.16.313.42.3%
Germany6.05.26.010.922.0%
Hungary10.77.96.010.6-0.3%
United States2.33.14.35.735.3%
Spain6.63.55.95.6-5.3%
Greece6.42.62.85.2-6.7%
Belgium10.213.219.74.9-21.7%
France7.78.07.64.2-18.3%
Pakistan0.40.31.63.4104.1%
Netherlands0.90.53.02.540.6%
Turkey0.50.30.82.161.3%
Indonesia1.31.80.81.811.5%
Others4.64.78.33.8-6.2%
Total70.158.373.074.11.9%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Italy in 2022:

  1. Hungary (4.0K tons)
  2. Poland (3.3K tons)
  3. Germany (2.4K tons)
  4. Spain (1.9K tons)
  5. Pakistan (1.7K tons)
  6. Greece (0.9K tons)
  7. France (0.8K tons)
  8. Belgium (0.7K tons)
  9. Turkey (0.6K tons)
  10. United States (0.6K tons)
  11. Netherlands (0.4K tons)
  12. Indonesia (0.4K tons)

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

In 2022, overseas shipments of tobacco, (not stemmed or stripped)s increased by 12% to 3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt descent.

In value terms, tobacco, (not stemmed or stripped) exports amounted to $20M in 2022. In general, exports, however, recorded a deep downturn.

Export of Tobacco, (Not Stemmed or Stripped) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka4.74.55.07.014.2%
Dominican Republic5.25.13.12.9-17.7%
Uruguay2.30.90.72.30.0%
Indonesia2.23.12.91.8-6.5%
United States2.71.11.11.2-23.7%
NetherlandsN/AN/A0.80.6-25.0%
Egypt0.50.40.50.66.3%
SloveniaN/AN/AN/A0.60%
IranN/A0.71.20.4-24.4%
GermanyN/A1.80.40.4-52.9%
SlovakiaN/AN/A0.20.4100.0%
Moldova0.10.40.20.226.0%
BelgiumN/AN/A1.70.2-88.2%
Others8.52.01.50.8-54.5%
Total26.220.219.419.5-9.4%

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

  1. Sri Lanka (608.2 tons)
  2. Uruguay (524.4 tons)
  3. United States (397.2 tons)
  4. Dominican Republic (322.9 tons)
  5. Egypt (180.1 tons)
  6. Indonesia (167.5 tons)
  7. Slovenia (146.0 tons)
  8. Netherlands (119.8 tons)
  9. Germany (102.6 tons)
  10. Slovakia (93.9 tons)
  11. Moldova (74.3 tons)
  12. Belgium (61.9 tons)
  13. Iran (59.4 tons)

Source: IndexBox Market Intelligence Platform

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