Global Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size

The global cigars and cigarillos market declined to $X in 2023, with a decrease of X% against the previous year. In general, consumption, however, recorded a mild slump. Global consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Cigars And Cigarillos Production

In value terms, cigars and cigarillos production reduced sharply to $X.4B in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X.6B. From 2021 to 2023, global production growth remained at a lower figure.

Cigars And Cigarillos Exports

Exports

In 2023, approx. X tons of cigars, cheroots and cigarillos were exported worldwide; jumping by X% on the year before. In general, total exports indicated a prominent expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, 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.

In value terms, cigars and cigarillos exports expanded notably to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The global exports peaked in 2023 and are expected to retain growth in years to come.

Exports by Country

The Dominican Republic represented the largest exporter of cigars, cheroots and cigarillos in the world, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. Myanmar (X tons) took the second position in the ranking, followed by Nicaragua (X tons), Indonesia (X tons) and Germany (X tons). All these countries together held approx. X% share of total exports. Belgium (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to cigars and cigarillos exports from the Dominican Republic stood at X%. At the same time, Myanmar (X%), Indonesia (X%), Nicaragua (X%), Spain (X%) and Germany (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Belgium (X%) illustrated a downward trend over the same period. While the share of Myanmar (X p.p.) and the Dominican Republic (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Germany (X p.p.) and Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Dominican Republic ($X) remains the largest cigars and cigarillos supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Nicaragua ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the Dominican Republic totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Nicaragua (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2023, the average cigars and cigarillos export price amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Cigars And Cigarillos Imports

Imports

In 2023, overseas purchases of cigars, cheroots and cigarillos decreased by X% to X tons, falling for the second consecutive year after ten years of growth. In general, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Global imports peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, cigars and cigarillos imports expanded notably to $X in 2023. Over the period under review, total imports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Global imports peaked in 2023 and are expected to retain growth in the immediate term.

Imports by Country

The United States prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2023. It was distantly followed by Italy (X tons), committing a X% share of total imports. Germany (X tons), Japan (X tons), Spain (X tons), Belgium (X tons) and Slovakia (X tons) held a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to cigars and cigarillos imports into the United States stood at X%. At the same time, Slovakia (X%), Italy (X%), Japan (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Germany and Spain experienced a relatively flat trend pattern. While the share of the United States (X p.p.), Italy (X p.p.), Japan (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Belgium (X p.p.), Spain (X p.p.) and Germany (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported cigars, cheroots and cigarillos worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In the United States, cigars and cigarillos imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average cigars and cigarillos import price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a noticeable shrinkage. Global import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform