The European Raw Tobacco Real Price Index reveals diverse trends across countries. In 2023, Croatia leads with the highest index value at 17.109, followed by Bulgaria at 11.769 and Poland at 11.381. Spain and Italy show similar levels at approximately 11.29 and 11.261. Greece, France, and Belgium display lower index values, with Greece at 10.423, France at 9.606, and Belgium at 9.061.
Year-on-year variation from 2022 indicates a mixed landscape, where Croatia, Spain, and Italy recorded growth of 3.09%, 4.08%, and 3.51% respectively. Conversely, Poland, Greece, France, and Belgium experienced declines. Notably, Greece reported a decrease of 3.74%, followed by France with a 2.73% decrease.
Future trends to monitor may involve further divergence in price indices due to regulatory changes, economic fluctuations, and shifts in consumer preferences. Countries like Croatia could continue to outpace others due to unique market dynamics or policy influences. Understanding global market impacts and evolving regional demands will be crucial for forecasting and strategizing in this market.
Top countries in Raw Tobacco Real Price Index by Country
| # | 8 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 171.09 | 2022 | +9.72% | +3.09% | View data |
| 2 | 2 Bulgaria | 117.69 | 2022 | +4.46% | +0.48% | View data |
| 3 | 3 Poland | 113.81 | 2022 | -0.35% | -0.36% | View data |
| 4 | 4 Spain | 112.9 | 2022 | +14.35% | +4.08% | View data |
| 5 | 5 Italy | 112.61 | 2022 | +0.2% | +3.51% | View data |
| 6 | 6 Greece | 104.23 | 2022 | -8.67% | -3.74% | View data |
| 7 | 7 France | 96.06 | 2022 | -5.58% | -2.73% | View data |
| 8 | 8 Belgium | 90.61 | 2022 | -7.55% | -2.46% | View data |
