Norway: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Norway

The Norwegian unmanufactured tobacco market fell to $X in 2022, shrinking by -12.4% against the previous year. In general, consumption, however, enjoyed significant growth. Unmanufactured tobacco consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Unmanufactured Tobacco Production in Norway

In value terms, unmanufactured tobacco production contracted to $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.7% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of tobacco (unmanufactured) in Norway totaled less than X kg per ha in 2022, stabilizing at 2021. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The unmanufactured tobacco harvested area in Norway stood at less than X ha in 2022, leveling off at the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Unmanufactured Tobacco Exports

Exports from Norway

In 2022, after four years of growth, there was significant decline in shipments abroad of tobacco (unmanufactured), when their volume decreased by -24.6% to X tons. Over the period under review, exports recorded a precipitous decrease. The growth pace was the most rapid in 2019 with an increase of 89% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, unmanufactured tobacco exports reduced to $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X kg) and Denmark (X kg) were the main destinations of unmanufactured tobacco exports from Norway.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +33.7%).

In value terms, Denmark ($X) emerged as the key foreign market for tobacco (unmanufactured) exports from Norway, comprising 45% of total exports. The second position in the ranking was taken by Sweden ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Denmark amounted to -19.9%.

Export Prices by Country

In 2022, the average unmanufactured tobacco export price amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the export price saw measured growth. The growth pace was the most rapid in 2016 an increase of 99%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.9%).

Unmanufactured Tobacco Imports

Imports into Norway

Unmanufactured tobacco imports into Norway fell sharply to X tons in 2022, dropping by -20.3% on the previous year's figure. In general, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 471% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, unmanufactured tobacco imports declined rapidly to $X in 2022. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 493%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Denmark (X tons) constituted the largest unmanufactured tobacco supplier to Norway, accounting for a 49% share of total imports. Moreover, unmanufactured tobacco imports from Denmark exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), more than tenfold. The third position in this ranking was held by the UK (X kg), with a 0.3% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark totaled +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+62.1% per year) and the UK (-25.9% per year).

In value terms, Denmark ($X) constituted the largest supplier of tobacco (unmanufactured) to Norway, comprising 54% of total imports. The second position in the ranking was held by the UK ($X), with a 0.6% share of total imports. It was followed by the Netherlands, with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark amounted to +26.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-21.9% per year) and the Netherlands (+39.0% per year).

Import Prices by Country

In 2022, the average unmanufactured tobacco import price amounted to $X per ton, rising by 1.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 8.8% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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