New Market Research Report: Tobacco in Egypt
Egyptian smokers in 2010 saw the price of cigarettes surge by as much as 40%, following a change of government legislation that implemented higher taxes in an attempt to combat Egypt's high incidence of smoking. As a result, volume sales in 2011 dropped sharply, registering an 11% decline. However, in 2012, following the waning of the political uprising, the level of social frustrations and tensions continued to rise, leading many Egyptians to smoke more. Moreover, due to the weakened national...
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