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

Contents:

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

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

The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $16 per thousand units in 2022, waning by -6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the maximum at $17 per thousand units in 2021, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($44 per thousand units), while the average price for exports to Bulgaria ($10 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 Malta (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $17 per thousand units in 2022, dropping by -12% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2013 an increase of 33%. The import price peaked at $20 per thousand units in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($66 per thousand units), while the price for the Czech Republic ($14 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Greece rose notably to 20B units, picking up by 6.9% against 2021. The total export volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank slightly to $333M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of $334M, leveling off in the following year.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.214.841.846.6515.3%
Libya38.835.542.942.12.8%
Bulgaria33.640.047.541.47.2%
United Arab Emirates6.630.339.236.877.3%
Albania19.019.823.020.72.9%
Spain9.411.420.620.028.6%
Egypt15.813.613.616.92.3%
Malta17.517.618.416.0-2.9%
Cyprus11.312.614.414.38.2%
Portugal6.28.715.112.526.3%
Turkey13.38.38.312.3-2.6%
Serbia6.07.810.210.721.3%
Austria1.33.86.06.369.2%
Others32.533.132.536.13.6%
Total21125733433316.4%

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

  1. Bulgaria (4.2B units)
  2. United Arab Emirates (3.0B units)
  3. Libya (2.8B units)
  4. Italy (2.6B units)
  5. Egypt (1.1B units)
  6. Albania (1.0B units)
  7. Spain (0.9B units)
  8. Portugal (0.8B units)
  9. Turkey (0.5B units)
  10. Austria (0.5B units)
  11. Cyprus (0.5B units)
  12. Serbia (0.4B units)
  13. Malta (0.4B units)

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

In 2022, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses into Greece dropped slightly to 9.4B units, approximately reflecting 2021 figures. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Over the period under review, imports of hit record highs at 12B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses shrank to $162M in 2022. In general, imports showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 8.1%. Imports peaked at $207M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland46.938.650.442.8-3.0%
Romania44.650.247.238.4-4.9%
Germany35.431.033.933.8-1.5%
Czech Republic21.913.825.011.2-20.0%
PortugalN/AN/A0.69.41466.7%
Netherlands14.110.08.98.9-14.2%
Hungary8.710.59.38.1-2.4%
Croatia14.47.71.91.5-52.9%
Others20.910.29.08.1-27.1%
Total207172186162-7.8%

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

  1. Poland (3.0B units)
  2. Romania (2.8B units)
  3. Germany (1.7B units)
  4. Czech Republic (0.8B units)
  5. Portugal (0.6B units)
  6. Hungary (0.3B units)
  7. Netherlands (0.1B units)
  8. Croatia (0.1B units)

Source: IndexBox Market Intelligence Platform

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