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

Contents:

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

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

In 2022, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $30 per thousand units, waning by -5.5% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% 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 +74.2% against 2015 indices. The pace of growth was the most pronounced in 2021 an increase of 28% against the previous year. As a result, import price reached the peak level of $31 per thousand units, and then dropped in the following year.

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 Belgium ($41 per thousand units), while the price for Germany ($23 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.1%), 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 Slovakia (FOB) - 2022

In 2022, the average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $0.3 per unit, declining by -9.4% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 84%. As a result, the export price attained the peak level of $0.3 per unit, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($5.2 per unit), while the average price for exports to Hungary (less than $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 Germany (+50.4%), 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 Slovakia

In 2022, supplies from abroad of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses was finally on the rise to reach 6.9B units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep contraction. Over the period under review, imports of reached the peak figure at 8.6B 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 dropped modestly to $204M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $211M, and then reduced modestly in the following year.

Import of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland74.943.677.867.3-3.5%
Czech Republic63.966.063.349.2-8.3%
BelgiumN/A0.10.227.21549.2%
Germany8.912.916.119.329.4%
Portugal19.717.916.213.3-12.3%
Romania7.49.212.77.71.3%
Lithuania7.68.09.27.2-1.8%
Others8.010.915.513.117.9%
Total1901692112042.4%

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

  1. Poland (2485.8M units)
  2. Czech Republic (1733.0M units)
  3. Germany (828.5M units)
  4. Belgium (668.9M units)
  5. Portugal (484.7M units)
  6. Lithuania (259.0M units)
  7. Romania (216.8M units)

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

Exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Slovakia soared to 46M units in 2022, jumping by 18% on the previous year's figure. In general, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 19%. As a result, the exports reached the peak of 86M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses expanded significantly to $12M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.8% 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 decreased by -11.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania3.07.16.87.636.3%
Czech Republic0.31.20.60.626.0%
Germany0.21.00.40.644.2%
Hungary0.70.80.40.4-17.0%
Netherlands0.40.40.10.2-20.6%
Croatia0.20.10.10.20.0%
Slovenia1.10.60.20.1-55.0%
Others0.92.02.32.030.5%
Total6.713.311.011.720.4%

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

  1. Romania (30.3M units)
  2. Hungary (9.1M units)
  3. Czech Republic (3.5M units)
  4. Croatia (0.6M units)
  5. Germany (0.4M units)
  6. Netherlands (0.1M units)

Source: IndexBox Market Intelligence Platform

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