
Nigeria Cigarettes
Description
Cigarettes in Nigeria
Cigarettes witnessed a deeper decline in volume terms, as the challenging economic conditions in Nigeria continued in 2023. High inflation limited purchasing power forcing consumers to cut back on cigarette consumption. The depreciation of the local currency and further rise in taxation forced manufacturers to increase prices across all brands, which made cigarettes less affordable. These price hikes were largely responsible for double-digit current value growth in 2023. Many consumers traded do...
Euromonitor International's Cigarettes in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be the new legislative, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Cigarettes Including Fine Cut Stick Equivalent.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Cigarettes market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
24 Pages
- Cigarettes in Nigeria
- Euromonitor International
- June 2024
- List Of Contents And Tables
- CIGARETTES IN NIGERIA
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Cigarettes decline in volume terms due to inflationary conditions
- Consumers trade down amid rising cost of living
- Economy cigarettes outshine other segments
- PROSPECTS AND OPPORTUNITIES
- Economic recovery and growing population to boost forecast growth
- Premium and super premium cigarettes to grow in value terms
- Possible ban on menthol cigarettes to have some impact
- TAXATION AND PRICING
- Taxation rates
- Table 1 Taxation and Duty Levies 2018-2023
- Average cigarette pack price breakdown
- Summary 1 Average Cigarette Pack Price Breakdown: Brand Examples
- CATEGORY DATA
- Table 2 Sales of Cigarettes: Volume 2018-2023
- Table 3 Sales of Cigarettes by Category: Value 2018-2023
- Table 4 Sales of Cigarettes: % Volume Growth 2018-2023
- Table 5 Sales of Cigarettes by Category: % Value Growth 2018-2023
- Table 6 Sales of Cigarettes by Blend: % Volume 2018-2023
- Table 7 Sales of Cigarettes by Standard/Menthol/Capsule: % Volume 2018-2023
- Table 8 Sales of Cigarettes by Regular/Slim/Superslim/Microslim: % Volume 2018-2023
- Table 9 Sales of Cigarettes by Pack Size: % Volume 2018-2023
- Table 10 Sales of Cigarettes by Price Band: % Volume 2018-2023
- Table 11 NBO Company Shares of Cigarettes: % Volume 2019-2023
- Table 12 LBN Brand Shares of Cigarettes: % Volume 2020-2023
- Table 13 Sales of Cigarettes by Distribution Format: % Volume 2018-2023
- Table 14 Illicit Trade Estimate of Cigarettes: Volume 2018-2023
- Table 15 Forecast Sales of Cigarettes: Volume 2023-2028
- Table 16 Forecast Sales of Cigarettes by Category: Value 2023-2028
- Table 17 Forecast Sales of Cigarettes: % Volume Growth 2023-2028
- Table 18 Forecast Sales of Cigarettes by Category: % Value Growth 2023-2028
- Table 19 Forecast Sales of Cigarettes by Blend: % Volume 2023-2028
- Table 20 Forecast Sales of Cigarettes by Standard/Menthol/Capsule: % Volume 2023-2028
- Table 21 Forecast Sales of Cigarettes by Regular/Slim/Superslim/Microslim: % Volume 2023-2028
- Table 22 Forecast Sales of Cigarettes by Pack Size: % Volume 2023-2028
- Table 23 Forecast Sales of Cigarettes by Price Band: % Volume 2023-2028
- TOBACCO IN NIGERIA
- EXECUTIVE SUMMARY
- Tobacco in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- What next for tobacco?
- OPERATING ENVIRONMENT
- Legislation
- Legislative overview
- Summary 2 Legislation Summary at a Glance
- Minimum legal smoking age
- Smoking prevalence
- Health warnings
- Plain packaging
- Point-of-sale display bans
- Smoking in public places
- Flavoured tobacco product ban
- Vapour products
- PRODUCTION/IMPORTS/EXPORTS
- MARKET INDICATORS
- Table 24 Number of Adult Smokers by Gender 2018-2023
- MARKET DATA
- Table 25 Sales of Tobacco by Category: Volume 2018-2023
- Table 26 Sales of Tobacco by Category: Value 2018-2023
- Table 27 Sales of Tobacco by Category: % Volume Growth 2018-2023
- Table 28 Sales of Tobacco by Category: % Value Growth 2018-2023
- Table 29 Forecast Sales of Tobacco by Category: Volume 2023-2028
- Table 30 Forecast Sales of Tobacco by Category: Value 2023-2028
- Table 31 Forecast Sales of Tobacco by Category: % Volume Growth 2023-2028
- Table 32 Forecast Sales of Tobacco by Category: % Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 3 Research Sources
Pricing
Currency Rates
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