Latin America

Argentina faced an uncertain macroeconomic scenario, with political dysfunction and economic instability, and one of the highest inflation rates in the world. However, following Comisión Económica para América Latina y el Caribe (Cepal: United…

Until recent years, much of the supply of e-vapour products in Bolivia was through small business operators who imported small batches both legally and illegally and sold them in specialised independent stores or through social networks. However, in…

E-vapour products have become extremely popular in Chile, finding a solid consumer base amongst people in their 20s and 30s. Small specialist stores and informal online sellers have taken advantage of this trend, promoting an important increase in…

Like cigars, cigarillos is a niche category in Chile. These are considered speciality products, available only to a small segment of the population, despite the high smoking prevalence in Chile. As such, until 2021, sales of cigarillos were below a…

In recent years, there has been a growing supply of cigars, cigarettes and pipe tobacco entering illegally from Argentina and Peru. This is mainly because neighbouring countries have experienced significant currency devaluation in recent years, while…

Cigars and cigarillos sales recovered in retail volume terms in 2022, following a double-digit decrease during and after the COVID-19 crisis. Both imported cigars and cigarillos rebounded, driven by premium cigars, as well as the expansion of a wide…

Probably the biggest development in the Chilean tobacco industry in 2022 was the explosive increase in sales of illicit products. According to a study carried out by British American Tobacco (BAT) and the MIDE Centre from the Catholic University of…

In line with the economic crisis, cigarette consumption showed a third consecutive year of moderate retail growth, driven by the trade down from premium to mainstream brands and from mid-term price brands to economy options. As illicit trade saw a…

In line with the economic crisis, cigarette consumption showed a third consecutive year of moderate retail growth, driven by the trade down from premium to mainstream brands and from mid-term price brands to economy options. As illicit trade saw a…

Paraguay’s consumption of tobacco declined once again in 2022 as smoking prevalence continued to fall. The increased awareness of the harmful effects of smoking on health, anti-tobacco policies, such as bans on advertising, the inclusion of health…

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. Despite inflation-induced price sensitivity, premium brands remained…

Volume sales of cigarettes declined in 2022 alongside smoking prevalence. While the market is characterised by imported products such as those of Philip Morris and British American Tobacco, despite a strong reduction in contraband, illegal cigarettes…

During 2022 inflation led to a trading down to mid and low priced brands. The market was also hindered by economic insecurity, high levels of poverty, crime and illicit trade, while widespread anti-smoking campaigns and tough legislation negatively…

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

The briefing introduces the Cities Households Necessities Spending Index. The index ranks 1,075 cities by household expenditure on non-discretionary items, namely food, housing, and clothing and footwear. This analysis focuses on 160 major cities.…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession since World War II. In Q4 2020, the end of the pandemic started as countries began administering effective vaccines among the population; however, vaccine distribution…

Cigarettes are set to decrease over the forecast period due to increasing regulatory and socioeconomic pressures. Consumers are increasingly trading down or preferring the illicit market. International brands are well placed to capture growth via…