In 2023, Europe's production of cigars, cheroots, and cigarillos saw Germany and Poland lead with sold production values of 1.5391 billion and 1.3157 billion Euros, respectively. Germany experienced a 5.13% decline, Poland a marginal reduction of 0.41%, while Portugal and Greece showed positive growth with 5.6% and 10.1% increases, respectively. Romania and Italy remained stable with slight increases or no change, whereas Spain saw a significant drop of 13.46%. Montenegro showed an exceptional growth rate of 99.66%, indicating its emerging presence in this market.
Future trends to watch include continued growth in emerging markets like Montenegro and potentially an increase in demand for tobacco substitutes as consumer preferences shift towards healthier lifestyle choices. Monitoring regulatory changes, especially regarding tobacco substitutes, will be crucial for anticipating market shifts in the European cigar production landscape.
Top countries in Sold Production of Cigars, Cheroots and Cigarillos Containing Tobacco or Tobacco Substitutes by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,539,100,000 | 2023 | -1.91% | -5.13% | View data |
| 2 | 2 Poland | 1,315,700,000 | 2023 | -0.3% | -0.41% | View data |
| 3 | 3 Portugal | 747,990,000 | 2023 | +3.59% | +5.6% | View data |
| 4 | 4 Romania | 562,920,000 | 2023 | +0.14% | +1.21% | View data |
| 5 | 5 Greece | 516,470,000 | 2023 | -1.23% | +10.1% | View data |
| 6 | 6 Serbia | 315,950,000 | 2023 | +0.42% | -0.12% | View data |
| 7 | 7 Spain | 108,840,000 | 2023 | -20.85% | -13.46% | View data |
| 8 | 8 Hungary | 32,787,000 | 2023 | -4.86% | -3.59% | View data |
| 9 | 9 Italy | 30,706,000 | 2023 | +6.33% | View data | |
| 10 | 10 Montenegro | 1,649,800 | 2023 | -5.58% | +99.66% | View data |
