Israel: Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size in Israel

The Israeli cigars and cigarillos market reduced to $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Cigars and cigarillos consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Cigars And Cigarillos Production in Israel

In value terms, cigars and cigarillos production fell slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. Cigars and cigarillos production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Cigars And Cigarillos Exports

Exports from Israel

In 2023, cigars and cigarillos exports from Israel skyrocketed to X kg, picking up by X% on the previous year. Over the period under review, exports, however, saw a sharp setback. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X kg in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, cigars and cigarillos exports soared to $X in 2023. Overall, exports, however, faced a significant decline. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg) was the main destination for cigars and cigarillos exports from Israel, accounting for a X% share of total exports. Moreover, cigars and cigarillos exports to the United Arab Emirates exceeded the volume sent to the second major destination, South Africa (X kg), more than tenfold. The third position in this ranking was taken by Serbia (X kg), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Serbia (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for cigars, cheroots and cigarillos exports from Israel, comprising X% of total exports. The second position in the ranking was taken by Croatia ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and South Africa (X% per year).

Export Prices by Country

The average cigars and cigarillos export price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cigars And Cigarillos Imports

Imports into Israel

In 2023, the amount of cigars, cheroots and cigarillos imported into Israel rose to X tons, with an increase of X% compared with the previous year. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, cigars and cigarillos imports stood at $X in 2023. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Cyprus (X tons), Poland (X tons) and Nicaragua (X tons) were the main suppliers of cigars and cigarillos imports to Israel, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cigars and cigarillos suppliers to Israel were Cyprus ($X), Poland ($X) and Nicaragua ($X), together accounting for X% of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cigars and cigarillos import price stood at $X per ton in 2023, which is down by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2022, and then fell slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Turkey ($X per ton) and the Dominican Republic ($X per ton), while the price for India ($X per ton) and Honduras ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform