Cigarettes in Latvia Market 2017
ReportsWeb.com published “Cigarettes Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
(EMAILWIRE.COM, December 05, 2017 ) "Cigarettes in Latvia, 2017", is an analytical report by Publisher that provides extensive and highly detailed current and future market trends in the Latvian market. The report analyzes the market size and structure, on both an overall and and per capita basis, based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Key companies and consumer trends are also analyzed.
Latvia is one of the three Baltic States and, like its two neighbors, joined the EU in 2004 and adopted the euro in 2014. As a result, cigarette taxes and prices are much higher in Latvia than other eastern European countries, like Belarus and Russia, as the country is forced to meet EU requirements and minimum pricing rules. The constant price and tax hikes from the government, with more planned in 2017 and 2018, has damaged demand for cigarettes and also encouraged the contraband trade. In fact, over a fifth of the cigarette market made up of illicit cigarettes in 2016 with most of these being smuggled in from Belarus and Russia. Overall the Latvian cigarette market, like many other markets in more developed nations, is in long term decline as smoking rates continue to fall, taxes and prices increase, and non-duty paid cigarette consumption continues to eat away at the legitimate market. This is exacerbated by the particularly strong influence of contraband cigarettes and the lack of any domestic cigarette factories, the last one closed in 2009, which makes the Latvian cigarette market and even more tough market for international brands.
For more information about this report at http://www.reportsweb.com/cigarettes-in-latvia-2017
Scope
-PMI is the largest brand in Latvia with over 40% of the market, as of 2016.
-Cigarette consumption fell to just under 2 billion pieces in 2016 from 5.8 billion pieces in 1990.
-Non-duty paid cigarettes were estimated to be 560 million pieces in 2016 or just over a fifth of the overall market.
Reasons to buy
-Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
-Identify the areas of growth and opportunities, which will aid effective marketing planning.
-The differing growth rates in regional product sales drive fundamental shifts in the market.
-This report provides detailed, authoritative data on these changes-prime intelligence for marketers.
-Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
Request a sample copy at http://www.reportsweb.com/inquiry&RW00011065223/sample
Table of Contents
1. Overview 5
2. Market Size 7
3. Market Structure 13
4. Manufacturers & Brands 15
5. Taxation & Retail Prices 20
5.1. Taxation 20
5.2. Retail Prices 23
6. The Smoking Population 26
7. Production and Trade 29
7.1. Production 29
7.2. Imports 31
7.3. Exports/Re-Exports 35
8. Operating Constraints 38
8.1. Advertising Restrictions 38
8.2. Health Warnings 38
8.3. Other Restrictions 39
9. Prospects & Forecasts 40
10. Appendix 42
10.1. What is this Report About-42
10.2. Time Frame 43
10.3. Product Category Coverage 44
10.4. Methodology 45
10.5. About GlobalData 47
10.6. Disclaimer 48
10.7. Contact Us 49
Companies Mentioned
Philip Morris Latvia
PMI
JTI
BAT Latvia
Gallaher
ST Latvia
Imperial Tobacco
RJ Reynolds International
Skandinavisk Tobakskompagni
Rigas Tabakas
House of Prince
Inquire for Report at http://www.reportsweb.com/inquiry&RW00011065223/buying
Latvia is one of the three Baltic States and, like its two neighbors, joined the EU in 2004 and adopted the euro in 2014. As a result, cigarette taxes and prices are much higher in Latvia than other eastern European countries, like Belarus and Russia, as the country is forced to meet EU requirements and minimum pricing rules. The constant price and tax hikes from the government, with more planned in 2017 and 2018, has damaged demand for cigarettes and also encouraged the contraband trade. In fact, over a fifth of the cigarette market made up of illicit cigarettes in 2016 with most of these being smuggled in from Belarus and Russia. Overall the Latvian cigarette market, like many other markets in more developed nations, is in long term decline as smoking rates continue to fall, taxes and prices increase, and non-duty paid cigarette consumption continues to eat away at the legitimate market. This is exacerbated by the particularly strong influence of contraband cigarettes and the lack of any domestic cigarette factories, the last one closed in 2009, which makes the Latvian cigarette market and even more tough market for international brands.
For more information about this report at http://www.reportsweb.com/cigarettes-in-latvia-2017
Scope
-PMI is the largest brand in Latvia with over 40% of the market, as of 2016.
-Cigarette consumption fell to just under 2 billion pieces in 2016 from 5.8 billion pieces in 1990.
-Non-duty paid cigarettes were estimated to be 560 million pieces in 2016 or just over a fifth of the overall market.
Reasons to buy
-Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
-Identify the areas of growth and opportunities, which will aid effective marketing planning.
-The differing growth rates in regional product sales drive fundamental shifts in the market.
-This report provides detailed, authoritative data on these changes-prime intelligence for marketers.
-Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
Request a sample copy at http://www.reportsweb.com/inquiry&RW00011065223/sample
Table of Contents
1. Overview 5
2. Market Size 7
3. Market Structure 13
4. Manufacturers & Brands 15
5. Taxation & Retail Prices 20
5.1. Taxation 20
5.2. Retail Prices 23
6. The Smoking Population 26
7. Production and Trade 29
7.1. Production 29
7.2. Imports 31
7.3. Exports/Re-Exports 35
8. Operating Constraints 38
8.1. Advertising Restrictions 38
8.2. Health Warnings 38
8.3. Other Restrictions 39
9. Prospects & Forecasts 40
10. Appendix 42
10.1. What is this Report About-42
10.2. Time Frame 43
10.3. Product Category Coverage 44
10.4. Methodology 45
10.5. About GlobalData 47
10.6. Disclaimer 48
10.7. Contact Us 49
Companies Mentioned
Philip Morris Latvia
PMI
JTI
BAT Latvia
Gallaher
ST Latvia
Imperial Tobacco
RJ Reynolds International
Skandinavisk Tobakskompagni
Rigas Tabakas
House of Prince
Inquire for Report at http://www.reportsweb.com/inquiry&RW00011065223/buying
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results