Tobacco Refuse Price in Sweden - 2023

Contents:

  1. Tobacco Refuse Price in Sweden (CIF) - 2023
  2. Tobacco Refuse Price in Sweden (FOB) - 2022
  3. Tobacco Refuse Imports in Sweden
  4. Tobacco Refuse Exports in Sweden

Tobacco Refuse Price in Sweden (CIF) - 2023

In July 2023, the average tobacco refuse import price amounted to $8,209 per ton, with an increase of 872% against the previous month. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $10,854 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was India ($8,512 per ton), while the price for Argentina amounted to $284 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+0.3%), while the prices for the other major suppliers experienced a decline.

Tobacco Refuse Price in Sweden (FOB) - 2022

In 2022, the average tobacco refuse export price amounted to $681 per ton, declining by -75.9% against the previous year. In general, the export price saw a dramatic curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 357%. The export price peaked at $20,999 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($681 per ton), while the average price for exports to the United States amounted to $680 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.6%), while the prices for the other major destinations experienced a decline.

Tobacco Refuse Imports in Sweden

In 2022, tobacco refuse imports into Sweden reduced dramatically to 1.2K tons, shrinking by -15.8% against the previous year. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 23%.

In value terms, tobacco refuse imports contracted to $1.4M in 2022. Over the period under review, imports saw a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $1.6M, and then contracted in the following year.

Import of Tobacco Refuse in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,4151,2061,5431,363-1.2%
Japan38.430.356.240.11.5%
Others5.11.50.81.0-41.9%
Total1,4581,2381,6001,404-1.3%

Top Suppliers of Tobacco Refuse to Sweden in 2022:

  1. India (1193.1 tons)
  2. Japan (44.0 tons)

Tobacco Refuse Exports in Sweden

In 2022, overseas shipments of tobacco refuses increased by 24,288% to 14 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco refuse exports soared to $9.3K in 2022. Overall, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco Refuse in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.2N/AN/A8.9254.4%
NorwayN/AN/AN/A0.30%
Japan1.6N/AN/AN/A0%
Germany6.2N/AN/AN/A0%
FinlandN/A4.5N/AN/A0%
OthersN/AN/A0.20.1-50.0%
Total8.04.50.29.35.1%

Top Export Markets for Tobacco Refuse from Sweden in 2022:

  1. United States (13.1 tons)
  2. Norway (0.4 tons)

Source: IndexBox Market Intelligence Platform

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