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Report World - Cigars, Cheroots and Cigarillos - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Cigars, Cheroots and Cigarillos - Market Analysis, Forecast, Size, Trends and Insights

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Global Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size

The global cigars and cigarillos market contracted to $X in 2022, which is down by -9.4% against the previous year. In general, consumption showed a noticeable setback. Global consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cigars And Cigarillos Production

In value terms, cigars and cigarillos production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 157%. Over the period under review, global production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Cigars And Cigarillos Exports

Exports

Global cigars and cigarillos exports reduced notably to X tons in 2022, dropping by -18.7% against the previous year. In general, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. Over the period under review, the global exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cigars and cigarillos exports contracted to $X in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

The Dominican Republic represented the largest exporting country with an export of about X tons, which reached 35% of total exports. Nicaragua (X tons) ranks second in terms of the total exports with an 18% share, followed by Germany (11%), Indonesia (7.1%) and Honduras (5.9%). Hungary (X tons), Cuba (X tons), Belgium (X tons), Spain (X tons) and Poland (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +47.9%), while the other global leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) remains the largest cigars and cigarillos supplier worldwide, comprising 32% of global exports. The second position in the ranking was taken by Nicaragua ($X), with a 14% share of global exports. It was followed by Cuba, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Dominican Republic amounted to +7.4%. In the other countries, the average annual rates were as follows: Nicaragua (+12.4% per year) and Cuba (+2.3% per year).

Export Prices by Country

In 2022, the average cigars and cigarillos export price amounted to $X per ton, rising by 7.6% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 export price increased by +66.3% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 52%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cuba ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+6.1%), while the other global leaders experienced more modest paces of growth.

Cigars And Cigarillos Imports

Imports

In 2022, after six years of growth, there was decline in supplies from abroad of cigars, cheroots and cigarillos, when their volume decreased by -2.7% to X tons. In general, imports, however, saw prominent growth. The growth pace was the most rapid in 2020 when imports increased by 27%. Global imports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, cigars and cigarillos imports fell to $X in 2022. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +47.8% against 2015 indices. The pace of growth was the most pronounced in 2017 when imports increased by 14% against the previous year. Global imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

The United States prevails in imports structure, recording X tons, which was approx. 71% of total imports in 2022. It was distantly followed by Italy (X tons), committing an 8% share of total imports. The following importers - Germany (X tons) and Spain (X tons) - together made up 5.6% of total imports.

Imports into the United States increased at an average annual rate of +13.8% from 2012 to 2022. At the same time, Italy (+48.0%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the world, with a CAGR of +48.0% from 2012-2022. Germany and Spain experienced a relatively flat trend pattern. While the share of the United States (+22 p.p.) and Italy (+7.6 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Spain (-3 p.p.) and Germany (-4.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported cigars, cheroots and cigarillos worldwide, comprising 45% of global imports. The second position in the ranking was taken by Germany ($X), with a 6.7% share of global imports. It was followed by Italy, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +8.5%. In the other countries, the average annual rates were as follows: Germany (+4.2% per year) and Italy (+28.3% per year).

Import Prices by Country

The average cigars and cigarillos import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 3.9%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while the United States ($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 (+3.3%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of cigars and cigarillos consumption in 2021 were the United States, China and India, with a combined 39% share of global consumption.
The country with the largest volume of cigars and cigarillos production was China, accounting for 15% of total volume. Moreover, cigars and cigarillos production in China exceeded the figures recorded by the second-largest producer, the Dominican Republic, twofold. The third position in this ranking was occupied by India, with a 5.8% share.
In value terms, the Dominican Republic remains the largest cigars and cigarillos supplier worldwide, comprising 34% of global exports. The second position in the ranking was occupied by Belgium, with a 13% share of global exports. It was followed by Nicaragua, with a 12% share.
The average cigars and cigarillos export price stood at $34,275 per ton in 2021, increasing by 2.1% against the previous year.
The average cigars and cigarillos import price stood at $29,735 per ton in 2021, dropping by -5.7% against the previous year.

This report provides an in-depth analysis of the global cigars and cigarillos market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 12001130 - Cigars, cheroots and cigarillos containing tobacco or mixtures of tobacco and tobacco substitutes (excluding tobacco duty)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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