TURKEY TOBACCO SECTOR IS MONEY PIT, DESPITE GROWING HEALTH AND MARKETING CONTROLS
December 1st, 2008
BY PAUL COCHRANE
TURKEY'S tobacco market, the eighth largest in the world and valued this month at GBPounds 6 billion in consumer price turnover by British American Tobacco (BAT) has contracted by 5% over the past year following the imposition of a nationwide smoking ban.
In 2007, some 107.46 billion sticks were sold, according to the Turkish Tobacco and Alcohol Market Regulatory Agency (TAPDK), whereas in the first 10 months of 2008, 90.11 billion cigarettes were consumed.
Since a ban on smoking in enclosed public areas was introduced in May 2008, tobacco ...
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