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

Contents:

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

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

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $15 per thousand units in 2022, shrinking by -9.5% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 increased by +44.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 24%. The import price peaked at $17 per thousand units in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($25 per thousand units), while the price for Greece ($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 Lithuania (+10.0%), 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 Bulgaria (FOB) - 2022

The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $12 per thousand units in 2022, which is down by -9.3% against the previous year. Over the period under review, the export price recorded a slight downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 9.1%. The export price peaked at $14 per thousand units in 2012; however, from 2013 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 ($19 per thousand units), while the average price for exports to Kosovo ($7.8 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 Romania (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was growth in supplies from abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses, when their volume increased by 4.8% to 13B units. Over the period under review, imports, however, saw a pronounced slump. Imports peaked at 14B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank to $198M in 2022. The total import value increased at an average annual rate of +5.3% over the period 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 when imports increased by 12% against the previous year. Over the period under review, imports of reached the peak figure at $209M in 2021, and then declined in the following year.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece33.240.147.541.27.5%
Romania47.649.244.841.1-4.8%
Belgium2.76.29.430.4124.1%
Poland34.531.035.219.1-17.9%
Germany14.414.319.018.79.1%
Lithuania11.714.324.918.115.7%
Croatia10.816.413.010.7-0.3%
Serbia6.67.97.96.91.5%
Others8.110.46.811.612.7%
Total1701902091985.2%

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

  1. Greece (4.1B units)
  2. Romania (2.3B units)
  3. Belgium (1.6B units)
  4. Germany (1.3B units)
  5. Lithuania (1.0B units)
  6. Poland (0.8B units)
  7. Croatia (0.7B units)
  8. Serbia (0.6B units)

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

In 2022, shipments abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses was finally on the rise to reach 6B units for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak 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 soared to $73M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya2.12.79.216.8100.0%
KosovoN/A0.72.45.6182.8%
Czech Republic2.93.63.75.322.3%
Italy4.27.16.14.41.6%
Spain2.72.53.04.215.9%
Romania4.05.24.93.9-0.8%
France2.84.45.13.68.7%
Russia3.84.36.63.4-3.6%
United Arab Emirates0.51.61.02.877.6%
Egypt2.62.43.02.3-4.0%
Moldova1.30.51.52.219.2%
Georgia1.50.60.21.50.0%
Albania0.90.81.31.313.0%
Others36.121.614.116.3-23.3%
Total65.657.962.173.53.9%

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

  1. Libya (1537.2M units)
  2. Kosovo (710.2M units)
  3. Czech Republic (441.9M units)
  4. Italy (409.2M units)
  5. Russia (367.8M units)
  6. Spain (266.0M units)
  7. United Arab Emirates (236.8M units)
  8. Romania (210.1M units)
  9. Moldova (198.7M units)
  10. France (193.5M units)
  11. Egypt (174.5M units)
  12. Albania (164.0M units)
  13. Georgia (150.1M units)

Source: IndexBox Market Intelligence Platform

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