Wed, Feb 22, 2012
Tobacco Reporter Magazine Content:
Spanish market falling to the illicit trade
Jan 16, 2012—Cigarette sales in Spain fell by 16.5 per cent during 2011, mainly due to tobacco smuggling and counterfeiting, according to a Cinco Días story quoting an analyses by Altadis (Imperial Tobacco).
Last year’s fall followed a 10.3 per cent drop during 2010.
Altadis' data indicated that the ban on smoking in enclosed public places contributed only 1.2 per cent to the 2011 overall fall.
The big fall in sales followed an increase in taxes in December 2010 and Altadis calculates that the illicit trade currently accounts for about eight per cent of the market in Spain.
In the Andalusia region, the illicit trade is thought to account for 20 per cent of sales.
Jan 16, 2012—Cigarette sales in Spain fell by 16.5 per cent during 2011, mainly due to tobacco smuggling and counterfeiting, according to a Cinco Días story quoting an analyses by Altadis (Imperial Tobacco).
Last year’s fall followed a 10.3 per cent drop during 2010.
Altadis' data indicated that the ban on smoking in enclosed public places contributed only 1.2 per cent to the 2011 overall fall.
The big fall in sales followed an increase in taxes in December 2010 and Altadis calculates that the illicit trade currently accounts for about eight per cent of the market in Spain.
In the Andalusia region, the illicit trade is thought to account for 20 per cent of sales.
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