Volume sales of cigarettes continued to decline in 2022. Government anti-tobacco initiatives, a decrease in smoking prevalence and growth in illicit trade challenged legal sales.
During the review period, retail volume sales of tobacco products experienced a notable decline, primarily due to the overall reduction in smoking prevalence. As of 2022, the prevalence rate in Panama is estimated to be one of the lowest in Latin America.
Public attitudes towards tobacco consumption in general and cigarette smoking in particular remain fairly negative. Years of official anti-smoking campaigns have left many Panamanians with the impression that smoking is antisocial and generally unacceptable in public.
The tobacco industry does not play a major role in Panama’s economy and local commercial tobacco cultivation remains at a minimal level.
In 2022 Panama's port traffic mobilised 8.5 million TEUs (the unit used to measure transport for containers).
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Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
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Tobacco
Passport Tobacco covers the seven major tobacco categories: Cigarettes, Cigars & Cigarillos, Smoking tobacco (made up of Pipe tobacco and RYO tobacco), Smokeless Tobacco (snuff and chewing tobacco), E-Vapour Products (closed and open); Heated Tobacco; and Tobacco Free Oral Nicotine. Smoking paraphernalia such as pipes, rolling papers, lighters or matches, etc., are not included, nor are nicotine replacement therapy (NRT) products, which are part of Euromonitor's Passport Consumer Healthcare database.
See All of Our DefinitionsThis report originates from Passport, our Tobacco research and analysis database.
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