Tobacco

E-vapour products registered healthy constant value growth in 2022, in spite of high inflation. E-liquids remained highly fragmented in 2022, with the relatively low average disposable incomes of local consumers encouraging strong price competition.…

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…

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…