Luxembourg: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Luxembourg

The Luxembourg cigars and cigarillos market reduced to $X in 2022, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a strong expansion. Cigars and cigarillos consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cigars And Cigarillos Exports

Exports from Luxembourg

In 2022, cigars and cigarillos exports from Luxembourg soared to X tons, with an increase of 27% against the previous year's figure. Over the period under review, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 87% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigars and cigarillos exports amounted to $X in 2022. Overall, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 89% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for cigars and cigarillos exports from Luxembourg, with a 74% share of total exports. Moreover, cigars and cigarillos exports to Belgium exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was taken by Hong Kong SAR (X kg), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+39.6% per year) and Hong Kong SAR (+149.6% per year).

In value terms, Belgium ($X) remains the key foreign market for cigars, cheroots and cigarillos exports from Luxembourg, comprising 74% of total exports. The second position in the ranking was held by France ($X), with a 21% share of total exports. It was followed by Hong Kong SAR, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium amounted to +16.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+36.8% per year) and Hong Kong SAR (+148.0% per year).

Export Prices by Country

The average cigars and cigarillos export price stood at $X per ton in 2022, with a decrease of -11.1% against the previous year. Over the period under review, the export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 4.8%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Portugal ($X per ton) and Hong Kong SAR ($X per ton), while the average price for exports to Italy ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-0.6%), while the prices for the other major destinations experienced a decline.

Cigars And Cigarillos Imports

Imports into Luxembourg

Cigars and cigarillos imports into Luxembourg was estimated at X tons in 2022, increasing by 11% against the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cigars and cigarillos imports reduced to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tons), Cuba (X tons) and the Netherlands (X tons) were the main suppliers of cigars and cigarillos imports to Luxembourg, with a combined 88% share of total imports. The Dominican Republic, Spain and Germany lagged somewhat behind, together comprising a further 7.4%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Dominican Republic (with a CAGR of +28.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cigars and cigarillos suppliers to Luxembourg were Belgium ($X), Cuba ($X) and the Netherlands ($X), with a combined 88% share of total imports. The Dominican Republic, Spain and Germany lagged somewhat behind, together accounting for a further 7.4%.

In terms of the main suppliers, the Dominican Republic, with a CAGR of +25.9%, saw 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

In 2022, the average cigars and cigarillos import price amounted to $X per ton, shrinking by -11.1% against the previous year. Overall, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of 4.7%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Cuba ($X per ton), while the price for Belgium ($X per ton) and the Dominican Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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