Hungary: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Hungary

In 2022, the Hungarian cigars and cigarillos market increased by 1.2% to $X, rising for the fourth consecutive year after two years of decline. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +102.2% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Cigars And Cigarillos Production in Hungary

In value terms, cigars and cigarillos production rose slightly to $X in 2022 estimated in export price. Over the period under review, production posted prominent growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 32%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cigars And Cigarillos Exports

Exports from Hungary

In 2022, approx. X tons of cigars, cheroots and cigarillos were exported from Hungary; surging by 4.3% against the year before. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 301%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, cigars and cigarillos exports fell to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 318% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for cigars and cigarillos exports from Hungary, with a 59% share of total exports. Moreover, cigars and cigarillos exports to Germany exceeded the volume sent to the second major destination, Greece (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+68.5% per year) and Spain (+5.1% per year).

In value terms, Germany ($X) remains the key foreign market for cigars, cheroots and cigarillos exports from Hungary, comprising 55% of total exports. The second position in the ranking was taken by Greece ($X), with a 16% share of total exports. It was followed by Spain, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+71.7% per year) and Spain (+0.4% per year).

Export Prices by Country

The average cigars and cigarillos export price stood at $X per ton in 2022, with a decrease of -10.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Poland ($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 Slovakia (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cigars And Cigarillos Imports

Imports into Hungary

In 2022, approx. X tons of cigars, cheroots and cigarillos were imported into Hungary; with an increase of 25% on 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, cigars and cigarillos imports expanded remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of cigars and cigarillos imports to Hungary, with a combined 97% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +54.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cigars and cigarillos suppliers to Hungary were the Netherlands ($X), Poland ($X) and Germany ($X), with a combined 87% share of total imports.

Among the main suppliers, Poland, with a CAGR of +43.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average cigars and cigarillos import price amounted to $X per ton, falling by -10.7% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 import price increased by +51.6% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 34%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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