Trade Trends
Global exports of cigarettes containing tobacco experienced notable fluctuations during the period analyzed. The total export value stood at $24.67B in 2019, dropping to $21.04B in 2020 and stabilizing around $20.86B in 2021 and $20.61B in 2022. By 2023, exports rebounded sharply to $24.60B, reflecting only a minor 0.28% decrease compared to 2019.
The strong recovery in 2023 highlights the tobacco industry's resilience, driven by enduring consumer demand even amid regulatory pressures, shifting consumption habits, and evolving market restrictions. USD$ data shows that geographic diversification and adaptive product strategies continue to support market stability. While the global market remains relatively steady, regional shifts are playing a key role in shaping future export dynamics.
Top Trading Countries
- United Arab Emirates led worldwide cigarette exports in 2023 with $5.68B, up from $4.26B in 2019—an impressive 33.49% increase over five years.
- Poland followed with $4.83B in 2023 and a projected $4.91B in 2024, rising from $3.50B in 2019. This reflects a 37.9% increase from 2019 to 2023 and a modest 1.65% rise from 2023 to 2024.
- Czech Republic recorded $1.32B in 2023, up from $785.07M in 2019—a significant 68.28% growth. Exports are projected to reach $1.48B in 2024, marking a 12.02% increase.
- Indonesia exported $1.07B in 2023 compared to $823.81M in 2019, a 30.46% rise. Projections indicate a further 25.09% increase to $1.34B in 2024.
- Portugal increased exports from $640.59M in 2019 to $824.39M in 2023, a 28.69% rise. Exports are expected to grow by 9.88% to $905.79M in 2024.
- Germany experienced a notable decline, with exports decreasing from $2.33B in 2019 to $1.46B in 2023—a 37.56% drop. A further 2.37% decline to $1.42B is expected in 2024.
On the Rise
- Greece expanded its exports from $211.24M in 2019 to $360.35M in 2023—a substantial 70.58% increase. Projections for 2024 show continued growth to $394.72M, up 9.54%.
- Armenia grew from $272.92M in 2019 to $355.92M in 2023, marking a 30.41% increase. Exports are expected to reach $401.36M in 2024, a 12.77% rise.
- Serbia climbed from $195.50M in 2019 to $282.27M in 2023—an increase of 44.39%. Projections show growth to $314.90M in 2024, rising 11.56%.
These emerging exporters reflect strong upward momentum driven by enhanced manufacturing capacity, competitive pricing, and evolving global demand for tobacco products.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.
