Norway - Cigars, Cheroots And Cigarillos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCigars and Cigarillos Price in Norway - 2023
Contents:
- Cigars and Cigarillos Price in Norway (CIF) - 2023
- Cigars and Cigarillos Price in Norway (FOB) - 2022
- Cigars and Cigarillos Imports in Norway
- Cigars and Cigarillos Exports in Norway
Cigars and Cigarillos Price in Norway (CIF) - 2023
In August 2023, the average cigars and cigarillos import price amounted to $277K per ton, dropping by -13.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 158% against the previous month. As a result, import price attained the peak level of $427K per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($735K per ton), while the price for Honduras ($97,395 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cigars and Cigarillos Price in Norway (FOB) - 2022
The average cigars and cigarillos export price stood at $317,152 per ton in 2022, falling by -7% against the previous year. Overall, the export price, however, continues to indicate temperate growth. The pace of growth appeared the most rapid in 2013 an increase of 118% against the previous year. Over the period under review, the average export prices reached the maximum at $577,094 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($674,198 per ton), while the average price for exports to North Macedonia ($232,433 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 (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cigars and Cigarillos Imports in Norway
In 2022, the amount of cigars, cheroots and cigarillos imported into Norway dropped dramatically to 27 tons, declining by -29.5% on the previous year. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 38 tons, and then dropped markedly in the following year.
In value terms, cigars and cigarillos imports declined markedly to $6.6M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $9.4M, and then declined notably in the following year.
| Import of Cigars and Cigarillos in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4,458 | 4,750 | 2,168 | 3,042 | -12.0% |
| Cuba | 756 | 810 | 981 | 1,024 | 10.6% |
| Belgium | 108 | 152 | 4,334 | 965 | 107.5% |
| Germany | 584 | 673 | 952 | 736 | 8.0% |
| Dominican Republic | 195 | 178 | 343 | 320 | 18.0% |
| Poland | N/A | N/A | N/A | 180 | 0% |
| Nicaragua | 103 | 91.4 | 212 | 121 | 5.5% |
| Switzerland | 146 | 106 | 259 | 15.6 | -52.5% |
| Others | 132 | 253 | 148 | 216 | 17.8% |
| Total | 6,482 | 7,015 | 9,396 | 6,620 | 0.7% |
Top Suppliers of Cigars and Cigarillos to Norway in 2022:
- Germany (6.6 tons)
- Netherlands (5.0 tons)
- Cuba (4.5 tons)
- Belgium (3.7 tons)
- Dominican Republic (2.5 tons)
- Poland (2.4 tons)
- Nicaragua (0.6 tons)
- Switzerland (0.1 tons)
Cigars and Cigarillos Exports in Norway
In 2022, exports of cigars, cheroots and cigarillos from Norway skyrocketed to 4.4 tons, jumping by 17% on the previous year. The total export volume increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cigars and cigarillos exports expanded significantly to $1.4M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Cigars and Cigarillos in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 655 | 216 | 488 | 990 | 14.8% |
| Ireland | 412 | 360 | 386 | 255 | -14.8% |
| Switzerland | 39.8 | 80.6 | 308 | 101 | 36.4% |
| North Macedonia | N/A | N/A | N/A | 47.0 | 0% |
| Serbia | N/A | 91.8 | N/A | 8.9 | -68.9% |
| Singapore | 72.7 | 306 | N/A | N/A | 320.9% |
| Others | 8.4 | 49.7 | 108 | N/A | 258.6% |
| Total | 1,188 | 1,105 | 1,290 | 1,401 | 5.7% |
Top Export Markets for Cigars and Cigarillos from Norway in 2022:
- Hong Kong SAR (3464.0 kg)
- Ireland (378.0 kg)
- Switzerland (353.0 kg)
- North Macedonia (202.0 kg)
- Serbia (21.0 kg)
This report provides an in-depth analysis of the cigars and cigarillos market in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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.
-
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
333
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