While the growth projections for cigars and cigarillos and smoking tobacco are unlikely to be dissimilar during the forecast period, growth trends are expected to follow different patterns in each category. Demand for fine cut tobacco is expected to drop again in 2023 after cooling significantly during 2022, with sales heading towards pre-pandemic levels, presumably to be followed by a fairly moderate downward trend, given the declining numbers of cigarette smokers among the Austrian population.
At the end of 2022, a proposal for the tobacco tax model for 2023-2026 was included in the federal government’s annual budget, and from past experience we can deduce that a significant increase in excise for cigars, cigarillos and fine cut tobacco will soon be implemented. In cigars and cigarillos, a 13% share of the retail price was being deducted as an ad valorem excise tax at the end of the review period, a situation which is set to remain unchanged until at least 2026.
The Track & Trace system that came into force for cigarettes and fine cut tobacco in Austria in 2019 is expected to remain a major influence on sales of cigars, cigarillos and smoking tobacco of the forecast period. Track & Trace is a system for the forgery-proof traceability of products and for combating illegal trade in the wake of the EU Tobacco Products Directive.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Austria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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