Tobacco

Slower growth, surging inflation, rising geopolitical risks and an accelerating deglobalisation trend are factors shaping the global economic, financial and trade landscape in 2022 and beyond. Despite the challenges, there are opportunities for…

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…

The briefing introduces the Cities Households Necessities Spending Index. The index ranks 1,075 cities by household expenditure on non-discretionary items, namely food, housing, and clothing and footwear. This analysis focuses on 160 major cities.…

Fine cut tobacco was by far the most dynamic performer within cigars, cigarillos and smoking tobacco in Turkey in volume sales terms in 2022, recording a triple-digit growth rate. Because these products are significantly cheaper and more economical…

The growth seen in fine cut tobacco in recent years came to a halt in 2022, with the category recording a double-digit volume sales decline. As in cigarettes, this decline was being driven by UK consumers returning to travelling abroad and purchasing…

One of the leading factors contributing to decline in sales of smoking tobacco over the last two years was that the excise tax increased in 2021. The government in the Netherlands is now increasing the excise on smoking tobacco at the same time as it…

Sales of both cigars and cigarillos recorded solid retail volume growth in 2022. Many smokers consider cigar smoking as an occasional indulgence rather than a daily necessity, and are less likely to try to quit smoking or to reduce their consumption…

Following several years of volume decline, cigar and cigarillos saw a very marginal increase in retail volume sales in 2022. Border trade is typical in tobacco products within the Nordic region, and the return of Norwegian buyers in Sweden supported…

Fine cut tobacco registered solid growth in retail volume terms in 2022, while cigars, cigarillos and pipe tobacco all registered a decline. Several factors can explain the positive performance of the category. Firstly, manufacturers have managed to…

The increase in tobacco taxes in 2022, combined with inflation-fuelled price rises, led to double-digit current value growth in cigarillos. However, with lower prices compared to cigarettes, cigarillos have become a more popular option for consumers…

Resuming cross-border trade in Sweden led to a decline in domestic sales of tobacco products in Norway in 2022, following a spike in sales during the COVID-19 years of 2020-2021. Norwegians have a preference for purchasing tobacco products in Sweden…

While volume sales of cigars and cigarillos combined decreased slightly in 2022, demand for cigars remains at a stable level. Demand for cigars was not strongly affected by the circumstances of the COVID-19 pandemic, nor did it take a notable…

Increasing cross-border tobacco sales, competition from illicit trade, another tax increase that further reduced the price gap between economy cigarettes and fine cut tobacco, and the emergence of closed system single use products negatively impacted…

In line with most tobacco manufacturers in Greece, players in the category de-invested from traditional tobacco products and shifted their focus to new generation options, namely e-vapour products and heated tobacco. These new generation products are…

Fine cut tobacco volume sales recorded positive growth in 2022 following the decline seen in 2021, with actual volume sales in 2022 remaining above their pre-pandemic level, helped by the strong growth seen in 2020. The continued prevalence of remote…

Sales of cigars, cigarillos and smoking tobacco, which was previously one of the most spared categories during the COVID-19 years, collapsed in 2022. This occurred because smoking tobacco had enjoyed a still low level of taxation, and thus a high…

Cigars and cigarillos failed to register any perceptible growth in volume terms in 2022, following a two-year period of buoyant sales as a result of COVID-19. With Finns returning to their pre-pandemic lifestyles, they spent less time working from…

In 2022, both cigars and cigarillos experienced a decrease in volume sales. Cigarillos, in particular, have been negatively impacted as fewer consumers are choosing budget-friendly brands, leading to a year-on-year decline since the beginning of the…

Smoking tobacco volume sales decreased substantially in 2022. One reason this was an increase in unit prices, due to the rise in excise duties on smoking tobacco. This negatively affected both domestic sales of smoking tobacco, with many consumers…

The withdrawal of all COVID-19 control measures in Austria during 2021 and into 2022 led to a complete return to pre-pandemic socialising habits and lifestyles among the local population by the end of the review period. This resulted in a…