Benelux: Cigarettes Containing Tobacco Market 2023

Cigarettes Containing Tobacco Market Size in Benelux

The Benelux cigarettes containing tobacco market soared to $X in 2022, jumping by 18% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2014; afterwards, it flattened through to 2022.

Cigarettes Containing Tobacco Production in Benelux

In value terms, cigarettes containing tobacco production stood at $X in 2022 estimated in export price. In general, production, however, saw a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 28%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cigarettes Containing Tobacco Exports

Exports in Benelux

After two years of growth, overseas shipments of cigarettes containing tobacco decreased by -57.6% to X tons in 2022. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports fell rapidly to $X in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 51%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) and Luxembourg (X tons) represented roughly 87% of total exports in 2022. It was distantly followed by Belgium (X tons), creating a 13% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of -1.2%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the Netherlands ($X) remains the largest cigarettes containing tobacco supplier in Benelux, comprising 67% of total exports. The second position in the ranking was taken by Luxembourg ($X), with an 18% share of total exports.

In the Netherlands, cigarettes containing tobacco exports plunged by an average annual rate of -20.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Luxembourg (-3.1% per year) and Belgium (-7.8% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, rising by 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2017 an increase of 21%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.1%), while the other leaders experienced mixed trends in the export price figures.

Cigarettes Containing Tobacco Imports

Imports in Benelux

In 2022, after two years of growth, there was significant decline in supplies from abroad of cigarettes containing tobacco, when their volume decreased by -13.1% to X tons. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 18%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cigarettes containing tobacco imports reduced to $X in 2022. Overall, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 24%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands represented the key importer of cigarettes containing tobacco in Benelux, with the volume of imports finishing at X tons, which was approx. 58% of total imports in 2022. Belgium (X tons) held a 26% share (based on physical terms) of total imports, which put it in second place, followed by Luxembourg (17%).

Imports into the Netherlands decreased at an average annual rate of -5.6% from 2012 to 2022. At the same time, Luxembourg (+4.0%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +4.0% from 2012-2022. By contrast, Belgium (-7.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Luxembourg increased by +10 percentage points.

In value terms, the largest cigarettes containing tobacco importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of +2.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, remaining constant against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cigarettes containing tobacco import price decreased by -7.2% against 2019 indices. The pace of growth was the most pronounced in 2019 when the import price increased by 21%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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