Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium - 2024

Contents:

  1. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium (CIF) - 2022
  2. Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium (FOB) - 2022
  3. Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium
  4. Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium (CIF) - 2022

In 2022, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $33 per thousand units, flattening at the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -13.5% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 32%. Over the period under review, average import prices reached the peak figure at $38 per thousand units in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($68 per thousand units), while the price for Luxembourg ($10 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium (FOB) - 2022

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $72 per thousand units, which is down by -15.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs at $92 per thousand units in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($141 per thousand units), while the average price for exports to the Netherlands ($32 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium

In 2022, after three years of growth, there was decline in supplies from abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, when their volume decreased by -0.3% to 16B units. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 15%. Imports peaked at 16B units in 2021, and then fell slightly in the following year.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses contracted slightly to $515M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Imports peaked at $523M in 2021, and then contracted in the following year.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland153159144125-6.5%
Netherlands87.696.012593.02.0%
Czech Republic43.146.133.381.923.9%
Lithuania46.490.110670.715.1%
Germany56.623.734.940.9-10.3%
Indonesia5.412.316.918.651.0%
Romania0.91.07.614.3151.4%
Croatia6.97.06.84.4-13.9%
Luxembourg11.310.84.22.6-38.7%
Others14.825.844.164.263.1%
Total4264725235156.5%

Top Suppliers of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes to Belgium in 2022:

  1. Poland (5.8B units)
  2. Germany (2.8B units)
  3. Czech Republic (2.1B units)
  4. Lithuania (1.7B units)
  5. Netherlands (1.4B units)
  6. Romania (0.3B units)
  7. Indonesia (0.3B units)
  8. Croatia (0.3B units)
  9. Luxembourg (0.2B units)

Exports of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium

In 2022, approx. 7B units of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses were exported from Belgium; increasing by 24% against the previous year's figure. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses rose slightly to $503M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 38%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France65.210013114029.0%
Netherlands91.012113981.4-3.6%
Spain14.925.638.653.152.7%
Germany10.112.237.048.568.7%
United Kingdom14.129.420.745.647.9%
Switzerland12.74.27.613.21.3%
Luxembourg20.817.713.812.4-15.8%
Turkey4.51.04.012.239.4%
Sweden4.56.37.88.423.1%
Canada4.117.110.81.6-26.9%
Others44.160.769.187.525.7%
Total28639548050320.7%

Top Export Markets for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes from Belgium in 2022:

  1. Netherlands (2577.5M units)
  2. Spain (1184.5M units)
  3. France (988.2M units)
  4. Germany (381.9M units)
  5. United Kingdom (366.5M units)
  6. Turkey (219.7M units)
  7. Luxembourg (218.5M units)
  8. Switzerland (149.3M units)
  9. Sweden (95.3M units)
  10. Canada (17.0M units)

Source: IndexBox Market Intelligence Platform

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