Austria - Cigars, Cheroots And Cigarillos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCigars and Cigarillos Price in Austria - 2023
Contents:
- Cigars and Cigarillos Price in Austria (CIF) - 2023
- Cigars and Cigarillos Price in Austria (FOB) - 2022
- Cigars and Cigarillos Imports in Austria
- Cigars and Cigarillos Exports in Austria
Cigars and Cigarillos Price in Austria (CIF) - 2023
In June 2023, the average cigars and cigarillos import price amounted to $205K per ton, surging by 46% against the previous month. Over the period under review, import price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cigars and cigarillos import price decreased by -16.6% against April 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 59% m-o-m. As a result, import price attained the peak level of $280K per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($265K per ton), while the price for Nicaragua ($93,797 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Cigars and Cigarillos Price in Austria (FOB) - 2022
The average cigars and cigarillos export price stood at $272,091 per ton in 2022, falling by -18.3% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2017 when the average export price increased by 523%. The export price peaked at $332,839 per ton in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($916,152 per ton), while the average price for exports to Switzerland ($144,026 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+31.1%), while the prices for the other major destinations experienced mixed trend patterns.
Cigars and Cigarillos Imports in Austria
In 2022, after three years of growth, there was significant decline in supplies from abroad of cigars, cheroots and cigarillos, when their volume decreased by -13.3% to 127 tons. Over the period under review, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 9.1% against the previous year. As a result, imports attained the peak of 147 tons, and then declined in the following year.
In value terms, cigars and cigarillos imports shrank to $22M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports reached the peak of $25M, and then reduced in the following year.
| Import of Cigars and Cigarillos in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.7 | 16.8 | 19.9 | 16.5 | 3.9% |
| Dominican Republic | 1.1 | 1.0 | 1.5 | 1.2 | 2.9% |
| Netherlands | 1.0 | 1.1 | 0.6 | 1.1 | 3.2% |
| Spain | 0.8 | 0.6 | 1.1 | 0.9 | 4.0% |
| Italy | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Honduras | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
| Belgium | N/A | N/A | 0.3 | 0.5 | 66.7% |
| Others | 0.6 | 0.3 | 0.6 | 0.5 | -5.9% |
| Total | 18.8 | 20.4 | 24.7 | 21.9 | 5.2% |
Top Suppliers of Cigars and Cigarillos to Austria in 2022:
- Germany (92.3 tons)
- Dominican Republic (8.4 tons)
- Netherlands (7.6 tons)
- Italy (6.5 tons)
- Spain (3.9 tons)
- Honduras (3.3 tons)
- Belgium (2.4 tons)
Cigars and Cigarillos Exports in Austria
In 2022, cigars and cigarillos exports from Austria shrank sharply to 38 kg, declining by -95.6% compared with the year before. In general, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 43,450% against the previous year. As a result, the exports reached the peak of 871 kg, and then reduced remarkably in the following year.
In value terms, cigars and cigarillos exports reduced dramatically to $10K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65,047%. As a result, the exports reached the peak of $290K, and then contracted remarkably in the following year.
| Export of Cigars and Cigarillos in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 5.7 | 5.3 | -7.0% |
| Hong Kong SAR | N/A | N/A | N/A | 3.7 | 0% |
| Australia | N/A | N/A | N/A | 1.2 | 0% |
| Switzerland | 0.4 | N/A | 2.3 | 0.1 | -37.0% |
| Serbia | 3.0 | N/A | 282 | N/A | 869.5% |
| Qatar | 2.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.4 | 0.2 | N/A | -50.0% |
| Total | 5.9 | 0.4 | 290 | 10.3 | 20.4% |
Top Export Markets for Cigars and Cigarillos from Austria in 2022:
- Italy (31.0 kg)
- Hong Kong SAR (4.0 kg)
- Australia (2.0 kg)
- Switzerland (1.0 kg)
This report provides an in-depth analysis of the cigars and cigarillos market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 12001130 - Cigars, cheroots and cigarillos containing tobacco or mixtures of tobacco and tobacco substitutes (excluding tobacco duty)
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
343
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