That looks like a Filipino import cue to me. I've owned several, almost exactly like the pictured ones. Some of them hit great, others are complete crap. Usually they are thicker at the joint than other cues, and it's also typical for them not to have straight joint pins, so that only the original shafts are straight. Aftermarket shafts will lead to the cue rolling crooked. If the pictured cue is not made in the Filipines, they have certainly copied the Filipino style down to the last detail...I find that hard to believe. The shape of the inlays and inlay materials are a dead giveaway. Traditionally they come with linen wraps, it's rare to see them with Leather, especially good quality leather. The leather they use tend to be very thick and stiff. I bought a Flipino cue for 80 dollars, which was one of the best cues I've ever owned. I've also bought 3 others that were average and one that was crap and had to be discarded. None of them were straight with aftermarket shafts. I figure they are worth about 100 dollars if they are decent. I live in a climate with average humidity. If you live in a very dry area, you can expect them to warp. They are not good with climate control and wood aging down there and as you probably know, it's very humid there.
That 80 dollar cue I bought, I lent it to one of my countrys top 3 players and he nagged me for months to sell it to him for 500 dollars. When you consider the fact that it was butt ugly, it's telling of the kind of hit it had. It was stolen years ago.
Regarding European cues, there are some top notch German cuemakers, although those cues will never, ever be cheap. There are several good English snooker cue makers, some of them make cues for pool, but those are typically not so good.
The best European cues come from Germany (Vollmer, Arthur). My friend was quoted 5k Euros for a fancy Vollmer years ago, I've no idea what it would cost now.