Market research on consumer products, commercial industries, demo...
Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Uruguay.
Several factors contributed to a significant drop in volume sales of cigarettes in 2022. Smoking prevalence is gradually declining as authorities’ efforts to stem smoking are bearing fruit. In addition, in 2022, inflation was high, caused by global…
Fine cut tobacco continued to account for considerable value sales in 2022, and unlike cigarettes, registered a healthy volume increase. Part of the reason for the growth was with inflation on the rise, consumers opted to roll their own cigarettes…
Uruguay struggled with high inflation in 2022. Consequently, people’s purchasing power fell. Also, the exchange rate of the UYU against the American dollar appreciated by about 10% in 2022. The combination of high inflation and currency appreciation…