Tobacco Market Overview in Denmark
In value terms, tobacco production skyrocketed to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of % year-to-year. Tobacco production peaked in and is likely to see steady growth in the immediate term.
The value of the tobacco market in Denmark rose rapidly to $ in , surging by % 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). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Tobacco consumption peaked in and is expected to retain growth in the near future.