Tobacco in Ecuador - New Market Report Now Available
An increase of cigarette taxes from a 150% ad valorem excise (US$0.05 per stick) took place at the beginning of December 2011. With the 60% tax increase (specific excise per unit of US$ 0.08), sales dropped slightly during the last month of the year. A decline in consumption is likely to be seen amongst social smokers. However, even regular smokers will probably reduce their cigarette consumption.
View full press release