BRAZIL TOBACCO MARKET AND INDUSTRY REPORT – TOBACCO TRAVELLER
November 1st, 2009
BY PACIFICA GODDARD
CIGARETTE MARKET
With a population of 192 million, Brazil is among the top 10 cigarette markets in the world. In 2008, 91.09 billion sticks were sold, valued at US$8.58 billion according to Abifumo, the Brazilian tobacco manufacturers association.
However, the government has passed strong regulations controlling the industry, and the units sold and market value declined from 1990-2003. Although units sold per year increased between 2004-07 from 86.11 billion to 92.37 billion they declined in 2008, (influenced by increased federal VAT in ...
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