Understand the key trends shaping demand and future opportunities...
Understand the key trends shaping demand and future opportunities across industries in Eastern Europe, with the latest regional and country-level analysis and market statistics.
A substantial proportion of smokers have experimented with heated tobacco products since their introduction, and the user base is expanding, particularly in urban areas, office districts, and other locales frequented by smokers for brief respites.…
The excise tax on other tobacco products was increased as of July 01, 2022, while there was also an increase on April 01, 2021. With rising inflations impacting consumers' purchasing habits, this increase in unit prices during a time of heightened…
There was a significant increase in volume sales for cigars and cigarillos in 2022, and in particular for cigarillos. With society fully opened up, post pandemic lockdowns, this led to an increase in volume sales, as there was more socialising. The…
In 2022, smoking tobacco experienced a respite. The absence of an excise tax increase resulted in stable prices, preventing a decline in sales volumes. Moreover, the year proved to be particularly favourable for tourism, contributing to increased…
Returning to offices, lifting bans on social gatherings and events, and reunions with friends boosted smoking occasions. Thus, cigarette market rebounded from the 2021 low level. Although the pandemic has highlighted the importance of maintaining…
There was a temporary issue with supplies of cigarettes in 2022. Cigarettes are mainly imported from Ukraine, but with war breaking out in Ukraine in 2022, supply lines were severely disrupted. As a result, other trade routes had to be found quickly,…
Despite facing economic challenges such as constrained household budgets due to two years of confinement and the Russian invasion of Ukraine, the cigarette industry has experienced limited opportunities for sales growth. However, even during bleak…
A new set of excise taxes continued to push retail prices upwards in 2022, which put an additional strain on the already weakened budgets of smokers in Slovakia. Inflationary pressure was also a key factor contributing to double-digit growth of…
Heated tobacco saw the arrival of Glo from British American Tobacco Plc in 2022, causing disruption with its new devices priced at some 50% lower than its sole competitor Iqos (Philip Morris Slovakia sro). Heavy marketing support in tobacco…
The disappearance of pandemic fears created more opportunities for social events and gatherings in 2022 giving rise to greater smoking occasions. However, mounting inflation and soaring prices hampered demand for cigars as disposable income was…