The analysis of European household expenditure on tobacco in 2023 shows stark contrasts between countries. Luxembourg leads with an expenditure of 2.6 thousand euros per capita. Croatia follows significantly lower yet notable with 0.634, while other countries like Belgium, Czech Republic, and Cyprus range between 0.489 to 0.531. There is notable growth in Croatia and Romania, with expenditures up by 15.38% and 22.33%, respectively, while countries like Iceland and the UK show declines, with negative growth of 5.52% and 0.78%, respectively. The 5-year compound annual growth rate indicates variable trends across nations.
Future trends to watch in European tobacco expenditure include potential growth in Eastern European markets, likely sustained by increasing consumer spending capacity. Western countries may experience varied impacts due to potential regulatory changes, health campaigns, and evolving consumer preferences, potentially leaning towards reduced tobacco expenditure.
Top countries in Household Expenditure on Tobacco by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 2,600 | 2023 | -0.46% | +7.03% | View data |
| 2 | 2 Croatia | 634 | 2023 | +24.31% | +15.38% | View data |
| 3 | 3 Belgium | 531 | 2023 | +2.12% | +4.8% | View data |
| 4 | 4 Czech Republic | 494 | 2023 | +2.92% | +4.31% | View data |
| 5 | 5 Cyprus | 489 | 2023 | -0.2% | +0.8% | View data |
| 6 | 6 Norway | 467 | 2023 | 0% | -0.55% | View data |
| 7 | 7 Austria | 455 | 2023 | +1.11% | +2.61% | View data |
| 8 | 8 Denmark | 425 | 2023 | +3.66% | +5.19% | View data |
| 9 | 9 Ireland | 418 | 2023 | -0.48% | +3.61% | View data |
| 10 | 10 Romania | 411 | 2023 | +14.17% | +22.33% | View data |
