Belgium: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Belgium

The Belgian cigars and cigarillos market soared to $X in 2022, rising by 59% against the previous year. Overall, consumption recorded a moderate increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Cigars And Cigarillos Production in Belgium

In value terms, cigars and cigarillos production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. Cigars and cigarillos production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Cigars And Cigarillos Exports

Exports from Belgium

In 2022, shipments abroad of cigars, cheroots and cigarillos decreased by -57.2% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 49%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cigars and cigarillos exports dropped remarkably to $X in 2022. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 65%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of cigars and cigarillos exports from Belgium, with a combined 65% share of total exports. Germany, Luxembourg, the UK, Sri Lanka, Italy and Canada lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of +43.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for cigars, cheroots and cigarillos exports from Belgium, comprising 35% of total exports. The second position in the ranking was taken by Spain ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-1.5% per year) and the Netherlands (-16.4% per year).

Export Prices by Country

The average cigars and cigarillos export price stood at $X per ton in 2022, with an increase of 23% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cigars and cigarillos export price increased by +97.0% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Sri Lanka ($X 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 the UK (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cigars And Cigarillos Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in supplies from abroad of cigars, cheroots and cigarillos, when their volume decreased by -26.1% to X tons. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 117%. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell remarkably in the following year.

In value terms, cigars and cigarillos imports fell dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate a modest increase. The growth pace was the most rapid in 2020 when imports increased by 106%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

Indonesia (X tons), Sri Lanka (X tons) and the Netherlands (X tons) were the main suppliers of cigars and cigarillos imports to Belgium, with a combined 65% share of total imports. Nicaragua, the Dominican Republic, Honduras, Germany and Cuba lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Honduras (with a CAGR of +59.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cigars and cigarillos suppliers to Belgium were the Netherlands ($X), Indonesia ($X) and the Dominican Republic ($X), together comprising 54% of total imports. Nicaragua, Sri Lanka, Cuba, Honduras and Germany lagged somewhat behind, together comprising a further 43%.

Among the main suppliers, Honduras, with a CAGR of +58.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cigars and cigarillos import price stood at $X per ton in 2022, declining by -23.1% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cuba ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cuba (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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