Slovakia: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Slovakia

The Slovak cigars and cigarillos market skyrocketed to $X in 2022, jumping by 34% against the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cigars And Cigarillos Production in Slovakia

In value terms, cigars and cigarillos production shrank to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 93% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Cigars And Cigarillos Exports

Exports from Slovakia

Cigars and cigarillos exports from Slovakia totaled X tons in 2022, growing by 7.9% on the year before. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 240% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigars and cigarillos exports rose markedly to $X in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 166%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for cigars and cigarillos exports from Slovakia, accounting for a 85% share of total exports. Moreover, cigars and cigarillos exports to Romania exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to +50.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+97.7% per year) and Germany (+160.2% per year).

In value terms, Romania ($X) remains the key foreign market for cigars, cheroots and cigarillos exports from Slovakia, comprising 65% of total exports. The second position in the ranking was held by Germany ($X), with a 4.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania amounted to +33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+178.2% per year) and Hungary (+71.1% per year).

Export Prices by Country

In 2022, the average cigars and cigarillos export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($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 Germany (+4.0%), while the prices for the other major destinations experienced a decline.

Cigars And Cigarillos Imports

Imports into Slovakia

For the third consecutive year, Slovakia recorded growth in overseas purchases of cigars, cheroots and cigarillos, which increased by 120% to X tons in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2014 with an increase of 209%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, cigars and cigarillos imports surged to $X in 2022. Over the period under review, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of cigars and cigarillos to Slovakia, with a 36% share of total imports. Moreover, cigars and cigarillos imports from Hungary exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was held by Romania (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+8.5% per year) and Romania (0.0% per year).

In value terms, the largest cigars and cigarillos suppliers to Slovakia were Hungary ($X), Nicaragua ($X) and Poland ($X), with a combined 27% share of total imports. Spain, Cuba, Romania, Mexico, Germany and the Netherlands lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, Spain, with a CAGR of +120.5%, saw 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

In 2022, the average cigars and cigarillos import price amounted to $X per ton, falling by -7.5% against the previous year. Over the period under review, the import price faced a deep contraction. The growth pace was the most rapid in 2019 when the average import price increased by 129% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :