In 2023, Poland led in sold production value, totaling 1.3157 billion euros, with a slight 0.41% decline. Germany followed at 1.1931 billion euros, with a significant 6.49% decrease. Portugal saw an increase of 5.65%, reaching 0.74798 billion euros. Romania's production value slightly dropped by 0.22% to 0.52426 billion euros. Greece experienced an increase of 10.1%, boosting its value to 0.51647 billion euros. Serbia had a minor decline of 0.12%, resulting in 0.31595 billion euros, while Bulgaria fell 4.32% to 0.085672 billion euros. Spain's production decreased drastically by 13.02%, amounting to 0.045212 billion euros. Montenegro, although smallest in absolute terms, showed an impressive growth of 99.66%.
Future trends to watch include potential regulatory changes promoting health, rising consumer awareness affecting tobacco consumption, and increased production shifts towards tobacco substitutes. Poland and Portugal may continue to stabilize or grow due to market adjustments, while Germany and Spain need strategies to reverse their decline. Greece's growth emphasizes demand potential.
Top countries in Sold Production of Cigarettes Containing Tobacco or Mixtures of Tobacco and Tobacco Substitutes by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,315,700,000 | 2023 | -0.3% | -0.41% | View data |
| 2 | 2 Germany | 1,193,100,000 | 2023 | -2.93% | -6.49% | View data |
| 3 | 3 Portugal | 747,980,000 | 2023 | +3.59% | +5.65% | View data |
| 4 | 4 Romania | 524,260,000 | 2023 | -1.4% | -0.22% | 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 Bulgaria | 85,672,000 | 2023 | -7.97% | -4.32% | View data |
| 8 | 8 Spain | 45,212,000 | 2023 | -38.43% | -13.02% | View data |
| 9 | 9 Montenegro | 1,649,800 | 2023 | -5.58% | +99.66% | View data |
