Austria: Market for Manufactured Tobacco, Extracts And Essences 2025

Market Size for Manufactured Tobacco, Extracts And Essences in Austria

The Austrian market for manufactured tobacco, extracts and essences soared to $X in 2021, growing by 380% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a significant increase. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the immediate term.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from Austria

Manufactured tobacco, extracts and essences exports from Austria skyrocketed to X tons in 2021, growing by 98% against 2020. Overall, exports, however, faced a sharp slump. The most prominent rate of growth was recorded in 2019 with an increase of 638% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, manufactured tobacco, extracts and essences exports soared to $X in 2021. Over the period under review, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 481% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for manufactured tobacco, extracts and essences exports from Austria, accounting for a 81% share of total exports. Moreover, manufactured tobacco, extracts and essences exports to Germany exceeded the volume sent to the second major destination, Greece (X kg), tenfold. The third position in this ranking was held by Slovenia (X kg), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +85.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+6.9% per year) and Slovenia (+2.0% per year).

In value terms, Germany ($X) remains the key foreign market for manufactured tobacco, extracts and essences exports from Austria, comprising 95% of total exports. The second position in the ranking was held by Slovakia ($X), with a 2% share of total exports. It was followed by Greece, with a 1.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +278.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+422.2% per year) and Greece (+52.0% per year).

Export Prices by Country

The average export price for manufactured tobacco, extracts and essences stood at $X per ton in 2021, growing by 71% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 225% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+90.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into Austria

Manufactured tobacco, extracts and essences imports into Austria surged to X tons in 2021, picking up by 329% against the previous year's figure. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 482% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, manufactured tobacco, extracts and essences imports surged to $X in 2021. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) constituted the largest manufactured tobacco, extracts and essences supplier to Austria, accounting for a 54% share of total imports. Moreover, manufactured tobacco, extracts and essences imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Greece (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to +1,131.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+225.4% per year) and Greece (0.0% per year).

In value terms, Sweden ($X), Greece ($X) and Hungary ($X) were the largest manufactured tobacco, extracts and essences suppliers to Austria, with a combined 79% share of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +828.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for manufactured tobacco, extracts and essences stood at $X per ton in 2021, rising by 31% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, manufactured tobacco, extracts and essences import price increased by +45.3% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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