Portugal: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Portugal

The Portuguese cigars and cigarillos market was finally on the rise to reach $X in 2022, after two years of decline. Overall, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -20.7% against 2019 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Cigars And Cigarillos Production in Portugal

In value terms, cigars and cigarillos production amounted to $X in 2022 estimated in export price. In general, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 73%. Cigars and cigarillos production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cigars And Cigarillos Exports

Exports from Portugal

For the fourth consecutive year, Portugal recorded decline in overseas shipments of cigars, cheroots and cigarillos, which decreased by -55.6% to X tons in 2022. Overall, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 445% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, cigars and cigarillos exports shrank notably to $X in 2022. In general, exports saw a noticeable downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 192%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X kg), Canada (X kg) and Angola (X kg) were the main destinations of cigars and cigarillos exports from Portugal, together comprising 77% of total exports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +35.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cigars and cigarillos exported from Portugal were Switzerland ($X), Canada ($X) and Hong Kong SAR ($X), with a combined 66% share of total exports.

Among the main countries of destination, Switzerland, with a CAGR of +35.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cigars and cigarillos export price stood at $X per ton in 2022, jumping by 55% against the previous year. Over the period under review, the export price posted a prominent expansion. The growth pace was the most rapid in 2021 an increase of 371%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Cabo Verde ($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 Hong Kong SAR (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cigars And Cigarillos Imports

Imports into Portugal

After two years of decline, overseas purchases of cigars, cheroots and cigarillos increased by 13% to X tons in 2022. Overall, imports recorded moderate growth. The pace of growth appeared the most rapid in 2014 with an increase of 96% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, cigars and cigarillos imports reached $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 51% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of cigars and cigarillos imports to Portugal, together accounting for 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +67.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cigars and cigarillos suppliers to Portugal were Poland ($X), Belgium ($X) and Germany ($X), together accounting for 60% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +62.6%, recorded the highest growth rate of 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, shrinking by -8% against the previous year. Over the period under review, the import price recorded a perceptible setback. The growth pace was the most rapid in 2017 an increase of 16%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Cuba ($X per ton), while the price for Poland ($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 (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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