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

Contents:

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

Price for Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Denmark (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, reducing by -7.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. As a result, import price reached the peak level of $21 per thousand units. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($68 per thousand units), while the price for Lithuania ($9 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $0.1 per unit, reducing by -2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 11% against the previous year. Over the period under review, the average export prices reached the maximum at $0.1 per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($0.2 per unit), while the average price for exports to Iceland ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+5.4%), 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 Denmark

In 2022, the amount of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses imported into Denmark fell to 4.5B units, which is down by -11.9% compared with the previous year's figure. In general, imports continue to indicate a deep contraction. The smallest decline of -3.3% was in 2020. Over the period under review, imports of reached the peak figure at 5.6B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses dropped notably to $67M in 2022. Over the period under review, imports saw a abrupt slump. The smallest decline of -7.7% was in 2020. Over the period under review, imports of reached the maximum at $109M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland35.038.133.533.6-1.4%
Germany12.56.26.710.9-4.5%
Romania12.18.910.18.4-11.5%
Lithuania19.015.48.55.2-35.1%
Belgium0.10.10.31.8162.1%
PortugalN/AN/AN/A1.30%
Hungary19.418.29.90.3-75.1%
Czech Republic3.05.53.4N/A6.5%
Others8.28.59.65.6-11.9%
Total10910182.067.2-14.9%

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

  1. Poland (2624.1M units)
  2. Romania (767.7M units)
  3. Lithuania (578.9M units)
  4. Germany (159.7M units)
  5. Belgium (144.9M units)
  6. Portugal (121.0M units)
  7. Hungary (27.0M units)
  8. Czech Republic (1.4M units)

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

In 2022, shipments abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses decreased by -3.3% to 114M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. The exports peaked at 118M units in 2021, and then shrank in the following year.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses dropped to $13M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +46.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. The exports peaked at $14M in 2021, and then declined in the following year.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greenland4.96.46.26.59.9%
Faroe Islands3.35.54.63.62.9%
IcelandN/A0.72.52.381.3%
Switzerland0.40.10.20.40.0%
Others0.20.10.20.20.0%
Total8.912.813.813.113.8%

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

  1. Greenland (50.6M units)
  2. Faroe Islands (29.6M units)
  3. Iceland (29.6M units)
  4. Switzerland (2.4M units)

Source: IndexBox Market Intelligence Platform

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