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

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Romania (CIF) - 2023
  2. Price for Tobacco, (Not Stemmed or Stripped) in Romania (FOB) - 2022
  3. Imports of Tobacco, (Not Stemmed or Stripped) in Romania
  4. Exports of Tobacco, (Not Stemmed or Stripped) in Romania

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

The average import price for tobacco, (not stemmed or stripped)s stood at $8,839 per ton in June 2023, increasing by 14% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in December 2022 an increase of 39% month-to-month. As a result, import price attained the peak level of $8,960 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was North Macedonia ($20,578 per ton), while the price for the Netherlands ($7,114 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 Turkey (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tobacco, (not stemmed or stripped)s stood at $7,454 per ton in 2022, shrinking by -9.1% against the previous year. Overall, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 145% against the previous year. The export price peaked at $13,086 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($11,641 per ton), while the average price for exports to Poland ($5,122 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 Lithuania (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of tobacco, (not stemmed or stripped)s imported into Romania fell sharply to 1.4K tons, waning by -40.4% on 2021. Overall, imports saw a sharp reduction. The smallest decline of -2.6% was in 2021.

In value terms, tobacco, (not stemmed or stripped) imports reduced remarkably to $11M in 2022. In general, imports continue to indicate a dramatic slump. The smallest decline of -4.4% was in 2021.

Import of Tobacco, (Not Stemmed or Stripped) in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.16.86.15.2-5.2%
Belgium5.02.02.92.6-19.6%
BrazilN/AN/A0.51.0100.0%
NetherlandsN/AN/A0.40.775.0%
Bulgaria9.78.47.90.4-65.5%
Croatia4.51.80.60.3-59.5%
GermanyN/AN/AN/A0.20%
Others1.10.50.30.3-35.2%
Total26.319.618.710.6-26.1%

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

  1. Turkey (637.2 tons)
  2. Belgium (427.3 tons)
  3. Netherlands (108.3 tons)
  4. Brazil (66.9 tons)
  5. Croatia (47.2 tons)
  6. Bulgaria (31.5 tons)
  7. Germany (25.7 tons)

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

For the fourth year in a row, Romania recorded growth in overseas shipments of tobacco, (not stemmed or stripped)s, which increased by 199% to 170 tons in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, (not stemmed or stripped) exports skyrocketed to $1.3M in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tobacco, (Not Stemmed or Stripped) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SerbiaN/AN/AN/A8960%
Poland86.117227625443.4%
BelgiumN/AN/AN/A58.80%
Croatia56.815846.535.7-14.3%
NetherlandsN/AN/A14122.5-84.0%
Others24.9N/A1.4N/A-76.3%
Total1683304651,26696.1%

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

  1. Serbia (105.8 tons)
  2. Poland (49.5 tons)
  3. Belgium (7.0 tons)
  4. Croatia (5.6 tons)
  5. Netherlands (1.9 tons)

Source: IndexBox Market Intelligence Platform

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