The European Raw Tobacco Price Index shows significant discrepancies among countries for 2024, with Spain leading at 23.87, indicating strong positive growth, and Hungary trailing with -2.89, reflecting a decline from the previous period. Variations among countries over the past two years highlight substantial volatility, with noteworthy increases in Spain, Croatia, and Bulgaria contrasted by drops in Greece and Hungary. Over a five-year span, average annual changes suggest overall mixed performance, with some countries experiencing steady growth while others face declines or stagnation.
Key future trends to watch include the impact of regulatory changes and economic shifts on tobacco demand and pricing. Monitoring market fluctuations and consumer behavior will be essential for anticipating long-term growth or decline, especially in leading countries like Spain and Italy, as well as in traditionally lower-performing markets such as Hungary and Greece.
Top countries in Raw Tobacco Price Index by Country
| # | 8 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Spain | 23.87 | 2022 | View data |
| 2 | 2 Croatia | 21.43 | 2022 | View data |
| 3 | 3 Bulgaria | 18.05 | 2022 | View data |
| 4 | 4 Poland | 12.82 | 2022 | View data |
| 5 | 5 Italy | 8.98 | 2022 | View data |
| 6 | 6 Belgium | 2 | 2022 | View data |
| 7 | 7 Greece | -0.19 | 2022 | View data |
| 8 | 8 Hungary | -2.89 | 2021 | View data |
