Switzerland: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in Switzerland

In 2022, the Swiss cigars and cigarillos market increased by 1.7% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a mild slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Cigars And Cigarillos Production in Switzerland

In value terms, cigars and cigarillos production shrank to $X in 2022 estimated in export price. In general, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 17%. Cigars and cigarillos production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Cigars And Cigarillos Exports

Exports from Switzerland

Cigars and cigarillos exports from Switzerland reduced to X tons in 2022, which is down by -13% on the year before. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, cigars and cigarillos exports shrank to $X in 2022. Overall, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 59%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Honduras (X tons) was the main destination for cigars and cigarillos exports from Switzerland, with a 46% share of total exports. Moreover, cigars and cigarillos exports to Honduras exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Indonesia (X tons), with a 21% share.

From 2012 to 2022, the average annual growth rate of volume to Honduras totaled +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.3% per year) and Indonesia (+20.7% per year).

In value terms, Germany ($X), Hong Kong SAR ($X) and Honduras ($X) constituted the largest markets for cigars and cigarillos exported from Switzerland worldwide, together comprising 61% of total exports. Taiwan (Chinese), Indonesia, the United States and the United Arab Emirates lagged somewhat behind, together accounting for a further 15%.

Taiwan (Chinese), with a CAGR of +32.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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, increasing by 11% against the previous year. In general, the export price, however, showed a mild curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 21% against the previous year. The export price peaked 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Indonesia ($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 United Arab Emirates (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Cigars And Cigarillos Imports

Imports into Switzerland

In 2022, the amount of cigars, cheroots and cigarillos imported into Switzerland expanded markedly to X tons, rising by 7.6% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.0% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 55%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, cigars and cigarillos imports contracted slightly to $X in 2022. Overall, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of 32%. Imports peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

Germany (X tons), Cuba (X tons) and the Dominican Republic (X tons) were the main suppliers of cigars and cigarillos imports to Switzerland, together comprising 66% of total imports. Nicaragua, Indonesia, Honduras, Belgium and the United Arab Emirates lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +33.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cuba ($X) constituted the largest supplier of cigars, cheroots and cigarillos to Switzerland, comprising 55% of total imports. The second position in the ranking was taken by the Dominican Republic ($X), with a 15% share of total imports. It was followed by Germany, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Cuba stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (+6.5% per year) and Germany (+8.2% per year).

Import Prices by Country

The average cigars and cigarillos import price stood at $X per ton in 2022, reducing by -8.2% against the previous year. Over the period under review, the import price recorded a mild decrease. The pace of growth appeared the most rapid in 2018 an increase of 34% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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