Slovakia - Cigars, Cheroots And Cigarillos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCigars and Cigarillos Price in Slovakia - 2023
Contents:
- Cigars and Cigarillos Price in Slovakia (CIF) - 2023
- Cigars and Cigarillos Price in Slovakia (FOB) - 2023
- Cigars and Cigarillos Imports in Slovakia
- Cigars and Cigarillos Exports in Slovakia
Cigars and Cigarillos Price in Slovakia (CIF) - 2023
In June 2023, the average cigars and cigarillos import price amounted to $60,024 per ton, growing by 38% against the previous month. In general, import price indicated a resilient increase from June 2022 to June 2023: its price increased at an average monthly rate of +6.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cigars and cigarillos import price increased by +60.3% against February 2023 indices. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 48% m-o-m. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Nicaragua ($146K per ton), while the price for Hungary ($23,235 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 Germany (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Cigars and Cigarillos Price in Slovakia (FOB) - 2023
The average cigars and cigarillos export price stood at $47,316 per ton in June 2023, dropping by -5% against the previous month. Over the period under review, the export price, however, posted tangible growth. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 262% month-to-month. As a result, the export price attained the peak level of $167K per ton. From January 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($129K per ton), while the average price for exports to Romania ($31,461 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cigars and Cigarillos Imports in Slovakia
In 2022, imports of cigars, cheroots and cigarillos into Slovakia soared to 663 tons, with an increase of 120% compared with 2021. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 122%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, cigars and cigarillos imports soared to $30M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cigars and Cigarillos in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 0.9 | 3.4 | 4.0 | 3.5 | 57.3% |
| Nicaragua | 0.8 | 2.0 | 1.9 | 2.7 | 50.0% |
| Poland | 0.1 | 0.1 | 0.1 | 2.0 | 171.4% |
| Spain | 2.4 | 1.5 | 3.9 | 1.4 | -16.4% |
| Romania | N/A | N/A | N/A | 0.9 | 0% |
| Mexico | 0.5 | 0.7 | 1.3 | 0.8 | 17.0% |
| Germany | 1.3 | 1.6 | 1.3 | 0.7 | -18.6% |
| Others | 2.0 | 3.0 | 2.4 | 18.4 | 109.5% |
| Total | 8.0 | 12.4 | 14.9 | 30.3 | 55.9% |
Top Suppliers of Cigars and Cigarillos to Slovakia in 2022:
- Hungary (237.9 tons)
- Poland (64.3 tons)
- Romania (64.0 tons)
- Nicaragua (17.2 tons)
- Spain (15.1 tons)
- Germany (8.6 tons)
- Mexico (6.9 tons)
Cigars and Cigarillos Exports in Slovakia
Cigars and cigarillos exports from Slovakia expanded sharply to 267 tons in 2022, picking up by 7.9% compared with 2021. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 123%. As a result, the exports attained the peak of 281 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cigars and cigarillos exports expanded notably to $12M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 94% against the previous year. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cigars and Cigarillos in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 3.0 | 7.2 | 6.8 | 7.6 | 36.3% |
| Germany | 0.2 | 1.0 | 0.4 | 0.6 | 44.2% |
| Hungary | 0.7 | 0.8 | 0.4 | 0.4 | -17.0% |
| Slovenia | 1.1 | 0.6 | 0.2 | 0.2 | -43.3% |
| Others | 1.7 | 3.4 | 3.1 | 3.0 | 20.8% |
| Total | 6.7 | 12.9 | 10.9 | 11.7 | 20.4% |
Top Export Markets for Cigars and Cigarillos from Slovakia in 2022:
- Romania (226.4 tons)
- Hungary (19.2 tons)
- Germany (4.2 tons)
- Slovenia (0.3 tons)
This report provides an in-depth analysis of the cigars and cigarillos market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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
297
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