The Cigarette Market in Cyprus

Product Code: CG0139MR

Published Date: April 2015

Report Price: US$ 975 (Single Copy)

Synopsis “Cigarettes in Cyprus” report is a qualitative report providing extensive and highly detailed

consumption data on the Cigarettes industry in Cyprus.

This report is the result of ERC’s extensive market research covering Cigarettes across

Cyprus. The report provides consumption data based upon a unique combination of industry

research, fieldwork, market sizing work and our in-house expertise in the Cigarettes industry

in order to offer extensive data about the trends and dynamics affecting the Cigarettes

industry.

This report is aimed at companies operating in the Cigarettes industry and for new companies

considering entry into Cigarettes industry.

This report provides detailed data of the manufacturers operating in the Cigarettes industry in

Cyprus.

This report also provides market size of the Cigarettes industry in Cyprus along with other

data relating to the regulations, retail price, smoking population, production & trade and

forecast data

Summary “The Cigarette Market in Cyprus” is a new report by ERC that focuses on the extent to which Cyprus

Cigarettes market has evolved in line with changing smoking habits, the competitive environment and

economic developments, as well as analyzing the implications market realignments have had on top

multinational companies.

Scope

This report provides a comprehensive analysis of Cigarettes market in Cyprus

It provides volume and per-capita consumption of cigarettes for 2013 and forecast figures for

2023

It provides value and volume break-up of the Cigarettes market at segment level.

Reasons to Buy Cigarettes companies require a detailed understanding of Cigarettes consumption in order to align

their sales and marketing efforts with the latest trends in the market. This report clarifies in detail, by

region and company, where the growth opportunities are in Cigarettes industry to enable effective

marketing plan

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 shifting market dynamics is key to ensuring maximum sales in the future

The differing growth rates in overall regional product sales drive fundamental shifts in the market. This

report provides detailed, authoritative data on these changes for marketers

The report provides the latest data on market dynamics in the Cigarettes industry across Cyprus,

providing marketers with essential data in order to understand their own position in the market and to

identify where to compete in the future

1 Market Size

Forecasts for 2014 account for the full impact of this January rise in VAT and subsequent slump in

sales. Volumes are set to end 2014 down 15% on 2013.

Cigarette Consumption, 1990-2014

Million Pieces % Annual Change Index 1990 = 100.0

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012r

2013

2014f

Per Capita Consumption, 1990-2014

Per Capita Consumption

Population Millions

Pieces/Day Pieces/Week Pieces/Year % Change Index 1990 = 100.0

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014f

2 Production and Trade

Cigarette manufacturing has fluctuated during the past twenty years in response to changes in

domestic and export markets. In 1990 the production was up by 78.9% and in 2000 it was up 8.2% on

1990 levels. Since then, output has been in decline till 2012.

Cigarette Production, 1990-2012

Million Pieces % Annual Change Index 1990 = 100.0

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Cigarette Imports: Total & Domestic, 1990-2013

Million Pieces

Total Domestic

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Cigarette Exports, 1990-2013

Million Pieces

Re-Exports Domestic

Domestic Exports as % of Production

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011r

2012

2013

Methodology

ERC’s research methodology includes the following steps in order to ensure a robust research programme to deliver the highest quality market insights: Information Scanning Thorough investigation of all published sources worldwide to highlight gaps and decide means of obtaining information requirements. Economic Intelligence Gathering all relevant: • Statistical data • financial information • Industrial data • economic information Collection of Published Research A thorough search to identify and obtain relevant published material using: • Media sources • corporate literature • Trade journals • on-line services • ERC databank • national press • Research institutes. In-Cyprus Research Field research conducted in each Cyprus designed to: • collect informed and up-to-date information from interviews to gauge attitudes, expectations and current market developments. • monitor product and brand availability, prices and facings allocation through specially commissioned retail store checks. In-House Research & Analysis

Based on a solid knowledge of the current market scenario and years of experience in the area of global tobacco market research, further telephone interviews are carried out with leading manufacturers and industrial competitors. The result is first-hand knowledge of new product developments, user-ship patterns, new investments and inherent market trends.

About ERC – a division of Canadean

Canadean is a full-service business information provider with in-house market research capabilities. We specialize in analysis across the Consumer Markets Value Chain, covering suppliers, producers, distribution, and consumers. Canadean’s dedicated research and analysis teams consist of experienced professionals with an industry background in marketing, market research, consulting, and advanced statistical expertise. We offer value-added market research, insight, and strategic analysis and our products help companies to make better, more informed, strategic and tactical sales, and marketing decisions. Canadean’s areas of expertise include online research, qualitative and quantitative research, industry analysis, custom approaches, and actionable insights. In addition, Canadean has built a network of consultants and specialist researchers across more than 60 countries, each with in-depth industry experience and expertise enabling us to conduct unique and insightful research via our trusted business communities. ERC's analysts and researchers are thoroughly experienced within the tobacco industry, with over 30 years’ experience of researching this challenging area. Their knowledge & expertise of specific market drivers, industry developments as well as regulatory and operating constraints in tobacco industry, ensure that clients benefit completely from ERC's high standards of research methodology and industry insights.

Disclaimer

All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, Canadean. The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the findings, conclusions and recommendations that Canadean delivers will be based on information gathered in good faith from both primary and secondary sources, whose accuracy we are not always in a position to guarantee. As such, Canadean can accept no liability whatsoever for actions taken based on any information that may subsequently prove to be incorrect.

Related Reports

The Cigarettes Market in Denmark

The Cigarettes Market in Finland

The Cigarettes Market in France

The Cigarettes Market in Germany

The Cigarettes Market in Greece

The Cigarettes Market in Ireland

The Cigarettes Market in Italy

The Cigarettes Market in Malta

The Cigarettes Market in Netherlands

The Cigarettes Market in Norway

Table of Contents

Overview 1-2

Market Size 3-6

Cigarette Consumption, 1990-2014 4

Per Capita Consumption, 1990-2014 6

Market Structure 7-8

Market Breakdown by Strength, 2000-2012 7

Market Breakdown by Tobacco Type, 2000-2014 8

Manufacturers & Brands 9-14

Manufacturer Sales & Market Shares, 2000-2014 10

Market Shares of Leading Brands, 2002-2013 12

Taxation & Retail Prices 15-20

Taxation 15-16

EU Countries, Retail Price & Tax Incidence Comparison, 2014 15-16

Retail Prices 16-20

Trends in Average Cigarette Prices, 1993-2014 17

Cigarette Retail Prices by Brand, 2009-2014 18

Cigarette Prices by Manufacturer & Brand, 2013 & 2014 19-20

The Smoking Population 21-22

Smoking Population, 1990-2013 21

Smoking Prevalence by Age & Gender, 2003 22

Production & Trade 23-28

Production 23

Cigarette Production, 1990-2012 23

Imports 24-25

Cigarette Imports: Total & Domestic, 1990-2013 24

Domestic Imports by Country of Origin, 2006-2013 25

Exports 26-27

Cigarette Exports, 1990-2013 26

Domestic Exports by Country of Destination, 2000-2013 27

Operating Constraints 29-32

Advertising Restrictions 29

Health Warnings 29-30

Government Restrictions 30-31

Other Restrictions 31

Company Profiles 33-36

BAT (Cyprus) Ltd 33

CTC Cassandra 34

Explosal Ltd 35

Prospects & Forecasts 37-38

Consumption Forecasts to 2023 38