Tobacco

During the review period, retail volume sales of cigarettes declined significantly due to the overall reduction in smoking prevalence, with a two-point decrease in the prevalence rate from 2017 to 2022. This shift can be attributed to increasing…

In January 2022, a 20% tax increase came into effect on electronic cigarettes and vaping products (liquid and accessories). The new law imposes a 20% tax on vapers, as well as e-liquids and electronic devices used for vaping. In addition, consumers…

In 2022, there was a remarkable surge in the sales of closed system single-use devices. Glu Cloud, which was the first brand to venture into this category, managed to maintain its position in this nascent category in 2022. This has been made possible…

Although less well-established in Ecuador than open vaping systems, closed vaping systems have witnessed tremendous growth in recent years. Young adults especially in the generation-z and millennial cohorts are attracted by a wide variety of flavours…

Novel tobacco heating devices and accompanying heated tobacco sticks saw further expansion in 2022. In addition to the Phillip Morris International IQOS system, which arrived on the scene in 2017, the same company introduced a lower-cost system at…