Tobacco

On 1 January 2022, the Indonesian government through the Finance Ministry announced an increase in the excise tax on cigarettes as part of efforts to curb consumption, especially among the country’s children and young consumers. The average increase…

In 2022, retail volume sales of cigarettes remained fairly stagnant, seeing only a minor increase, with sales limited by the fact that smoking prevalence in Hong Kong has decreased over the years thanks to a series of tobacco control initiatives. The…

Cigarettes are subject to strict regulations in China, and there is stable supply, setting it apart from other consumer goods. In 2022, cigarettes demonstrated stable retail current value growth in China, which was largely attributed to effective…

There was a slight decline in volume sales of cigarettes in Azerbaijan in 2022. The decline after stable dynamics in recent years can be attributed to increasing competition from alternative product types, which subdued retail demand for cigarettes.…

Despite government efforts to reduce smoking prevalence, cigarettes remain popular among the country’s large population of low-income men. Despite the struggling economy, consumers are not likely to cut out smoking but instead, trade down to…