Tobacco

Cigars and cigarillos continued to achieve moderate double-digit retail volume growth in Bosnia Herzegovina in 2023 as consumer demand among niche consumer groups and cigar aficionados remained stable. Both the cigars and cigarillos categories remain…

Cigarettes recorded a strong unit volume decline in 2022, losing around a fifth of their sales in this year. However, given the backdrop in the country during 2022, cigarettes could actually be said to have showed a slightly better performance than…

A worsening economic situation in 2023 had a significant effect on cigarettes in the Czech Republic. While lower than in 2022, the rate of inflation in the Czech Republic remained high, exerting upward pressure on production and transportation costs…

Volume sales increased significantly in 2022, in spite of high inflation stemming from the energy crisis caused by the war in Ukraine. Part of the reason for the increased consumption of cigarettes was high stress levels, due to the uncertain…

Rising inflation in addition to further excise tax hikes helped to shift cigarette smokers towards other categories in 2022, including smoking tobacco and vaping. Under such economic conditions retail volume growth has remained under pressure with…