The European market for cigars, cheroots, and cigarillos is dominated by Germany and Poland, holding the highest market shares in 2023, followed by a notable presence from Portugal and Romania. In the last year, Germany showed a 5.13% decline, while Poland's decrease was marginal at 0.41%. Portugal and Greece displayed growth, with Portugal increasing by 5.6% and Greece by a significant 10.1%. Spain saw a marked decrease of 13.46%, highlighting a divergent trend within the market. Montenegro, although a minor player, experienced a remarkable growth rate of 99.66%, indicating emerging potential.
Future trends to consider include the potential impacts of shifting consumer preferences towards less traditional tobacco products and regulatory changes concerning health standards. Additionally, economic fluctuations and geopolitical factors in Europe may influence production dynamics across different countries, potentially altering market shares, particularly for emerging markets like Montenegro. Sustainable practices and consumer awareness regarding health may also redefine production and consumption trends.
Top countries in Sold Production of Cigars, Cheroots and Cigarillos Containing Tobacco or Tobacco Substitutes Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.04 | 2023 | -1.91% | -5.13% | View data |
| 2 | 2 Poland | 24.83 | 2023 | -0.3% | -0.41% | View data |
| 3 | 3 Portugal | 14.12 | 2023 | +3.59% | +5.6% | View data |
| 4 | 4 Romania | 10.62 | 2023 | +0.14% | +1.21% | View data |
| 5 | 5 Greece | 9.75 | 2023 | -1.23% | +10.1% | View data |
| 6 | 6 Serbia | 5.96 | 2023 | +0.42% | -0.12% | View data |
| 7 | 7 Spain | 2.05 | 2023 | -20.85% | -13.46% | View data |
| 8 | 8 Hungary | 0.62 | 2023 | -4.86% | -3.59% | View data |
| 9 | 9 Italy | 0.58 | 2023 | +6.33% | View data | |
| 10 | 10 Montenegro | 0.031 | 2023 | -5.58% | +99.66% | View data |
