Philip Morris: Russia’s Tobacco Market Shrinks 8.4% in 2018

11 February 2019 (09:32)

UrBC, Moscow, February 11, 2019. According to Philip Morris International (PMI), Russia’s tobacco market shrank by 8.4% by the end of 2018, down to 238.1 billion units. The company’s share of the Russian market rose by 0.6% and reached 28.4%, Prime refers to PMI’s annual report as stating.

At the same time, Philip Morris supplied 68 billion cigarettes to Russia last year, which was 6.1% less than in 2017.

As for the last quarter of 2018, the amount of cigarettes imported to Russia rose by 1.3% and came to 19.3 billion units, the company says. The country’s tobacco market declined by 8% in the given period, that is, down to 61.2 billion units. PMI’s share of the Russian market came to 29.8% (+2%) in the last quarter of last year.

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