Read our latest reports on Latin America here, with analyses and ...
Read our latest reports on Latin America here, with analyses and market statistics that explore the evolving consumer preferences, market environment and inherent growth potential in individual countries, or briefings that assess key strategic themes...
Retail volume sales of cigarettes continued to decline in the Dominican Republic during 2022 as the long-term trend away from cigarettes and towards alternative tobacco products continued to develop. In addition, smoking prevalence is still falling…
There was a further small decrease in volume sales in 2022, as smoking prevalence continued to decline slowly. Price also remained stable for the most part, despite external inflationary pressures and also an increase in the Specific Consumption Tax…
Tobacco registered positive value growth across all subcategories in 2022. With society shifting back to greater normality after the 2020 COVID-19 restrictions, increased socialising supported a partial recovery in retail value growth. Most…
Following its effective COVID-19 vaccination plan, Ecuador started 2022 with the pandemic threat greatly reduced. However, there was a slight rebound in cases during the first quarter as the Omicron variant emerged and consequently some mild…
Although socialising and post-pandemic celebrations improved in 2022, severe pressures on discretionary incomes and negative press surrounding the hazards of smoking limited overall tobacco consumption. Price has become a buzzword in 2022 with Costa…
During the review period, retail volume sales of cigarettes declined significantly due to the overall reduction in smoking prevalence, with a two-point decrease in the prevalence rate from 2017 to 2022. This shift can be attributed to increasing…
In January 2022, a 20% tax increase came into effect on electronic cigarettes and vaping products (liquid and accessories). The new law imposes a 20% tax on vapers, as well as e-liquids and electronic devices used for vaping. In addition, consumers…
In 2022, there was a remarkable surge in the sales of closed system single-use devices. Glu Cloud, which was the first brand to venture into this category, managed to maintain its position in this nascent category in 2022. This has been made possible…
Although less well-established in Ecuador than open vaping systems, closed vaping systems have witnessed tremendous growth in recent years. Young adults especially in the generation-z and millennial cohorts are attracted by a wide variety of flavours…
Novel tobacco heating devices and accompanying heated tobacco sticks saw further expansion in 2022. In addition to the Phillip Morris International IQOS system, which arrived on the scene in 2017, the same company introduced a lower-cost system at…