Smoking Tobacco in Hungary, 2019

Smoking Tobacco in Hungary, 2019

Summary

"Smoking Tobacco in Hungary, 2019", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Hungarian 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 Hungarian market for tobacco products is in long-term decline with the latest data placing volumes at 10,341 tons in 2018 or 48.4% of their level in 2008.
Smoking tobacco volumes are forecast at 4,525 tons in 2018. They have fallen back from a peak in 2015 largely as a result of tax-induced price rises.

Scope

- The Hungarian tobacco market has recently been subject to a number of changes in the way tobacco is taxed; most notably, the replacement of ad valorem, a specific excise duty.
- Expanded MYO tobacco accounted for 83% of volumes in 2017 with traditional MYO tobacco making up a further 15.8%.
- Domestic production is carried out by two companies: Róna Tobacco Manufacturing Ltd, a subsidiary of Heintz Van Landewyck, and Continental Tobacco.
- Per capita consumption of smoking tobacco has shown a gradual decline over the past decade, albeit with some fluctuations.

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.