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Cigarettes in Venezuela 2019 - Introduction of a Ban on Smoking in Public Places in 2011 Led to a 27.5% Contraction in Cigarette Sales - ResearchAndMarkets.com

January 7, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 7, 2020--

The “Cigarettes in Venezuela 2019” report has been added to ResearchAndMarkets.com’s offering.

Cigarettes in Venezuela 2019 is an analytical report that provides extensive and highly detailed current and future market trends in the Venezuelan tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2028.

The Venezuelan market has suffered mixed fortunes during the past two decades with an early contraction of 21% from 1990 to 2005. Various explanations have been given for this fall, notably a see-sawing economy, a decline in disposable incomes, and higher prices resulting in consumers turning to black market sales. From 2004 to 2006, sales grew on the back of a reduction in contraband, but tighter regulatory restrictions and a tax hike in 2008 saw sales fall back, with the situation compounded during 2009 and 2010 by weak growth due to the global slowdown. With GDP contracting by 2.8% in 2010, volumes fell by 3%. The introduction of a ban on smoking in public places in 2011 led to a 27.5% contraction in cigarette sales, with higher prices encouraging contraband, followed by a 26.2% reduction in 2012 to 6.9 billion pieces.

Scope

Reasons to buy

Key Topics Covered:

1 Overview

2 Market Size

3 Market Structure

4 Manufacturers & Brands

5 Taxation & Retail

5.1. Taxation

5.2. Retail Prices

6 The Smoking Population

7 Production & Trade

7.1. Production

7.2. Imports

7.3. Exports

8 Operating constraints

8.1. Advertising Restrictions

8.2. Health Warnings

8.3. Other Restrictions

9 Company Profiles

10 Prospects & Forecasts

11 Appendix

11.1. What is this Report About?

11.2. Time Frame

11.3. Product Category Coverage

11.4. Methodology

11.5. About the Author

11.6. Disclaimer

11.7. Contact Us

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/bjafuy

View source version on businesswire.com:https://www.businesswire.com/news/home/20200107005669/en/

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KEYWORD: SOUTH AMERICA VENEZUELA

INDUSTRY KEYWORD: TOBACCO RETAIL OTHER MANUFACTURING MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 01/07/2020 08:58 AM/DISC: 01/07/2020 08:58 AM

http://www.businesswire.com/news/home/20200107005669/en