New Market Research Report: Tobacco in Bulgaria
2012 was another difficult year in volume terms for tobacco in Bulgaria. The leader, cigarettes, once again had negative volume growth. Smoking tobacco also declined by less than -1%. Only cigars had positive growth mainly because products are seen as luxury items. The value performance of tobacco was positive overall and compensated the poor volume results. Since the excise duties were not changed in 2012, the growth was due to the introduction of new products on the market.
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