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 impacted sales, despite the global renown of locally produced cigars.
In 2022, volume sales of legal cigarettes in Honduras benefited from a reduction in contraband due to strengthened surveillance measures at the borders with neighbouring countries and measures to combat organised crime and corruption. Mid-priced cigarettes account for the largest share in volume sales and continue to be popular among consumers with tighter budgets.
Attitudes towards smoking, especially cigarettes, are increasingly negative in Honduras. Cigarette smoking is becoming associated with low-income groups, antisocial behaviour and ill health.
The consumption of cigarettes declined over the review period in part as a result of the Special Law for Tobacco Control from 2011. This prohibits the consumption of tobacco in public spaces and open spaces less than two metres from where people circulate.
Tobacco products are widely accessible in Honduras, particularly cigarettes. Cigarettes are offered by almost all pulperías, with these small local grocers present across the country.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Tobacco industry in Honduras with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Tobacco industry in Honduras, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 Definitions
This report originates from Passport, our Tobacco research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!