New Consumer Goods market report from ERC: "World Cigarettes Syria"
Boston, MA -- (SBWIRE) -- 09/23/2014 -- World Cigarettes Syria focuses on the extent to which the market has evolved during the last twelve years in line with changing smoking habits in Syria, the competitive environment and economic developments. The end result is an accurate and objective interpretation of market trends (since 1990) and directions, assessing underlying currents of change and projecting the market scenarios of the future, providing forecasts to 2022.
The current situation in Syria is adversely affecting every aspect of life in the country and in terms of the cigarette market has led to a 30% drop in legitimate sales since 2010, bringing sales down to 23.15 billion pieces in 2012, with a further 9.3% decline forecast for 2013. Non-duty paid sales increased their share from 13.8% in 2010 to 30.2% in 2012. As a result, GOT's share increased from 32.3% in 2011 to 62.6% in 2012 and a projected 76.2% in 2013 with few multinational brands now available in the legitimate market.
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