Czech Republic Smoking Tobacco, 2021

Czech Republic Smoking Tobacco, 2021

Summary

Czech Republic Smoking Tobacco, 2021, is an analytical report by the publisher that provides extensive and highly detailed current and future market trends in the Czech Smoking 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 2030.

The overall market for tobacco products is expected to fall by 9.4% between 2010 and 2020 frs although peaking at 22,586 tons in 2016. Smoking tobacco accounts for 7.6% of the tobacco products market in 2020. The prospects for the Czech smoking tobacco market are mixed. The effect of recent hikes in excise duty since 2016 and 2017 seem to have brought about a halt in the recent strong growth that has been seen in the market. Sales of fine cut in particular have fallen back with this expected to continue as a result of actions such as the hike in duty that came in 2020. Overall the remainder of the forecast period is set for a steady fall in sales as a result although some improvement on the difficult conditions felt during the COVID-19 pandemic is expected in 2021.

Scope

• Since 2006, there has been a dramatic expansion in the profile of MYO tobacco, as a growing number of brands have been introduced to cater for cigarette smokers looking for better value. By 2019, MYO tobacco was credited with 89.6% of the total smoking tobacco market, compared with 9.2% for RYO tobacco and 1.3% for pipe tobacco.
• Smoking tobacco imports grew to 7,777 tons in 2017 but were down at 6,918 tons in 2019. Poland and Germany have emerged as the main suppliers to the Czech market.
• The publisher estimates an overall smoking population of 2.45 million in 2019, equivalent to an overall smoking prevalence of around 27.5%. Of adult men, 1.5 million, or 34% of the male population, are smokers compared to 0.95 million or 22% of adult women.
• Overall sales of smoking tobacco are set to drop by 31.3% between 2020 and 2030 to 1,039 tons. Per capita sales over this same period are expected to drop back by 30.8% from 141.4g in 2020 to 97.8g in 2030.

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.