The import of smoking tobacco to Spain has shown a general upward trend over the years. In 2023, the volume stood at 12.458 million kilograms. The year-on-year increase from 2022 to 2023 was 1.35%, and the CAGR over the past five years (2018-2023) was 2.01%. Looking back, significant growth occurred from 2013 to 2016, but the rate of increase has slowed in recent years.
Future trends to watch for are:
- Continued steady growth in import volumes, with a forecast five-year CAGR of 1% from 2023-2028.
- Potential impacts of regulatory changes and shifts in consumer preferences which could affect tobacco imports.
- Market adjustments due to economic fluctuations and health policy reforms, particularly those targeting smoking reduction.
