Cigarettes Containing Tobacco Market Overview in Italy
In value terms, cigarettes containing tobacco production declined modestly to $ in 2019 estimated in export prices. Over the period under review, production recorded a abrupt decrease. The growth pace was the most rapid in 2014 when the production volume decreased by -% against the previous year. Cigarettes containing tobacco production peaked at $ in 2007; however, from 2008 to 2019, production remained at a lower figure.
The revenue of the cigarettes containing tobacco market in Italy contracted slightly to $ in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a pronounced contraction. The most prominent rate of growth was recorded in 2011 with an increase of % y-o-y. As a result, consumption attained the peak level of $. From 2012 to 2019, the growth of the market remained at a lower figure.