Cigarettes in Nicaragua




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The Cigarettes market had witnessed growth in the recent years after the government changed the tax system to raise revenue. In 2014, Cigarette sales were up more than 80% on 1990 levels. The market is entirely supplied through imports, originating mainly from either Honduras or Guatemala (in 2013, Costa Rica, following PMI's closure of its Guatemala factory) and, to a lesser extent, Panama, Mexico, and Chile.

Key Findings
Unlike Cigarette sales, per capita consumption levels have risen more moderately, 14.4% above 1990 levels

BATCA took over 80% of the market in 2014 whilst the second dominating player, PMI, took less than 20%

A combination of tighter restrictions on smoking, rising prices, and growing non-duty paid sales are all likely to dent duty paid sales over the coming decade.

Cigarettes in Nicaragua, is an analytical report by Canadean that provides extensive and highly detailed current and future market trends in the Nicaraguan market. What else does this report offer?

Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise

Detailed information such as market shares and recent developments of the manufacturers and leading brands, along with company profiles

Regulations, taxation, retail pricing, smoking habits, and the growing health concerns affecting overall production

Prospects and forecasts of overall sales and consumption for 2015 to 2025

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

As consumers product demands evolve, the dynamics between different countries also change favoring some countries and leaving others increasingly out of line with demand patterns. As a result, understanding the specific market dynamics of the Nicaraguan market is crucial to ensuring maximum future sales

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