Tobacco

Phillip Morris International has a monopoly on legal cigarettes sales in Ecuador where it has operated for almost 50 years. The company continually seeks to raise awareness of these legitimate products among Ecuadorians in order to compete against…

High inflation impinged on Costa Rican household budgets in 2022, prompting more consumers to trade down to cheaper cigarette brands. Often, the more economical options are illegal cigarettes that come from India and South Korea via the Colón Free…

During the review period, retail volume sales of cigarettes experienced a significant decline, which can be attributed to the overall reduction in smoking prevalence. However, in 2022, volume sales increased, although they did not reach pre-pandemic…

In a year marked by 30-year-high inflation rates, the tobacco industry showed resilience in 2022, as most categories managed to see growth, despite a slowdown of the Chilean economy and a strong increase in contraband, which continued to hit…

Bolivia claims to have the lowest inflation rate in the world and it has managed to achieve this by continuing to have a fixed exchange rate against the dollar. Besides the fixed exchange rate, Bolivia’s subsidies for key products have also helped…