In 2023, France led European household expenditure on tobacco with €29.05 million, followed by Italy at €24.71 million. Over the past year, noticeable increases were seen in Luxembourg (8.09%) and Croatia (14.34%), while Spain and Greece experienced slight declines. Over a five-year period, the compound annual growth rate (CAGR) will offer insights into the pace of expenditure shifts, important for market strategy.
Looking ahead, factors to watch include regulatory changes and health campaigns possibly impacting tobacco spending. Additionally, shifts towards alternative nicotine products might influence consumer patterns and expenditures in European markets.
Top countries in Household Expenditure on Tobacco Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 29.05 | 2023 | +1.71% | +2.35% | View data |
| 2 | 2 Italy | 24.71 | 2023 | +1.26% | +2.13% | View data |
| 3 | 3 Spain | 15.55 | 2023 | -2.57% | -0.24% | View data |
| 4 | 4 Belgium | 7.52 | 2023 | +4.25% | +5.7% | View data |
| 5 | 5 Austria | 4.88 | 2023 | +1.51% | +3.19% | View data |
| 6 | 6 Greece | 4.7 | 2023 | -0.16% | -0.29% | View data |
| 7 | 7 Croatia | 2.9 | 2023 | +22.3% | +14.34% | View data |
| 8 | 8 Ireland | 2.62 | 2023 | +1.88% | +5.44% | View data |
| 9 | 9 Finland | 2.34 | 2023 | +1.39% | +2.25% | View data |
| 10 | 10 Luxembourg | 1.98 | 2023 | -2.56% | +8.09% | View data |