Norway: Market for Manufactured Tobacco, Extracts And Essences 2025

Market Size for Manufactured Tobacco, Extracts And Essences in Norway

The Norwegian market for manufactured tobacco, extracts and essences skyrocketed to $X in 2021, jumping by 27% 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, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +80.5% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from Norway

In 2021, overseas shipments of manufactured tobacco, extracts and essences increased by 43% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 671%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, manufactured tobacco, extracts and essences exports surged to $X in 2021. Overall, exports saw strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 351% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tons) was the main destination for manufactured tobacco, extracts and essences exports from Norway, accounting for a 98% share of total exports. It was followed by Sweden (X kg), with a 1.3% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Denmark amounted to +13.4%.

In value terms, Denmark ($X) emerged as the key foreign market for manufactured tobacco, extracts and essences exports from Norway, comprising 97% of total exports. The second position in the ranking was taken by Sweden ($X), with a 2.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Denmark totaled +9.6%.

Export Prices by Country

In 2021, the average export price for manufactured tobacco, extracts and essences amounted to $X per ton, which is down by -12.9% against the previous year. Overall, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2013 an increase of 45% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Denmark stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.5%).

Imports of Manufactured Tobacco, Extracts And Essences

Imports into Norway

In 2021, the amount of manufactured tobacco, extracts and essences imported into Norway skyrocketed to X tons, increasing by 16% on the previous year. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.0% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 22% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, manufactured tobacco, extracts and essences imports skyrocketed to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +101.9% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of manufactured tobacco, extracts and essences to Norway, with a 86% share of total imports. Moreover, manufactured tobacco, extracts and essences imports from Sweden exceeded the figures recorded by the second-largest supplier, Hungary (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to +6.7%.

In value terms, Sweden ($X) constituted the largest supplier of manufactured tobacco, extracts and essences to Norway, comprising 93% of total imports. The second position in the ranking was held by Hungary ($X), with a 5.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden amounted to +10.1%.

Import Prices by Country

In 2021, the average import price for manufactured tobacco, extracts and essences amounted to $X per ton, increasing by 15% against the previous year. In general, the import price recorded slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Hungary stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+3.2%).

Source: IndexBox Platform

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