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

Contents:

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

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

In 2022, the average import price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses amounted to $27 per thousand units, shrinking by -9.9% against the previous year. Over the period under review, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. Over the period under review, average import prices attained the maximum at $39 per thousand units in 2013; however, from 2014 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 ($49 per thousand units), while the price for Luxembourg ($20 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+3.4%), 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 Spain (FOB) - 2022

The average export price for cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses stood at $78 per thousand units in 2022, growing by 16% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 53%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Austria ($351 per thousand units), while the average price for exports to the United Arab Emirates ($17 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 Italy (+29.2%), 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 Spain

Imports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses into Spain expanded sharply to 52B units in 2022, rising by 6.9% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 53B 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 fell modestly to $1.4B in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 with an increase of 8% against the previous year. Imports peaked at $1.5B 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland33635246760621.7%
Portugal302302317294-0.9%
Germany667480450277-25.4%
Romania27.852.848.245.718.0%
Czech Republic28.933.824.725.6-4.0%
Luxembourg12.416.018.520.718.6%
Greece8.811.421.120.332.1%
Others15591.799.8102-13.0%
Total1,5381,3391,4461,392-3.3%

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

  1. Poland (24.1B units)
  2. Portugal (11.7B units)
  3. Germany (9.6B units)
  4. Romania (2.2B units)
  5. Luxembourg (1.1B units)
  6. Czech Republic (1.0B units)
  7. Greece (0.9B units)

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

In 2022, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses from Spain expanded modestly to 2.8B units, growing by 2.3% compared with the year before. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 4.5% against the previous year. As a result, the exports reached the peak of 2.8B units; afterwards, it flattened through to 2022.

In value terms, exports of cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substituteses skyrocketed to $214M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; 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.

Export of Cigars, Cheroots, Cigarillos and Cigarettes; of Tobacco or of Tobacco Substitutes in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40.142.447.342.62.0%
United Kingdom9.621.520.814.915.8%
Portugal9.412.311.712.08.5%
Greece6.29.613.510.218.1%
France11.310.89.96.7-16.0%
Hungary2.43.03.63.614.5%
Belgium0.80.51.82.953.6%
Morocco5.72.83.12.2-27.2%
Netherlands0.80.70.51.111.2%
Others91.449.568.61188.9%
Total1781531812146.3%

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

  1. Germany (758.5M units)
  2. United Kingdom (290.3M units)
  3. Greece (289.2M units)
  4. Portugal (260.9M units)
  5. France (80.2M units)
  6. Hungary (79.1M units)
  7. Belgium (56.4M units)
  8. Netherlands (54.0M units)
  9. Morocco (42.6M units)

Source: IndexBox Market Intelligence Platform

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