Scandinavia: Cigarettes Containing Tobacco Market 2025

Cigarettes Containing Tobacco Exports

Exports in Scandinavia

In 2022, overseas shipments of cigarettes containing tobacco increased by 97% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a deep downturn. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports soared to $X in 2022. Overall, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Finland represented the major exporter of cigarettes containing tobacco in Scandinavia, with the volume of exports recording X tons, which was approx. 52% of total exports in 2022. Sweden (X tons) ranks second in terms of the total exports with a 28% share, followed by Norway (20%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Norway (with a CAGR of +10.3%), while the other leaders experienced a decline in the exports figures.

In value terms, Finland ($X), Sweden ($X) and Norway ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 99.9% of total exports.

Norway, with a CAGR of +17.3%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, with a decrease of -4.4% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cigarettes containing tobacco export price increased by +86.0% against 2015 indices. The growth pace was the most rapid in 2017 when the export price increased by 25%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then reduced slightly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+7.0%), while the other leaders experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports in Scandinavia

Cigarettes containing tobacco imports expanded significantly to X tons in 2022, rising by 7.8% on the previous year. Over the period under review, imports, however, recorded a slight setback. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cigarettes containing tobacco imports dropped slightly to $X in 2022. The total import value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden was the main importing country with an import of around X tons, which reached 59% of total imports. Finland (X tons) ranks second in terms of the total imports with a 25% share, followed by Norway (16%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of cigarettes containing tobacco. Norway (-3.3%) and Finland (-4.0%) illustrated a downward trend over the same period. While the share of Sweden (+10 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (-2.9 p.p.) and Finland (-7.1 p.p.) displayed negative dynamics.

In value terms, the largest cigarettes containing tobacco importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Norway, with a CAGR of +7.1%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, waning by -11.7% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cigarettes containing tobacco import price increased by +83.4% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of 30% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+10.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform