Cigarettes in Nicaragua, 2017, is an analytical report by Globaldata that provides extensive and highly detailed current and future market trends in the market. The report offers Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise.
The Nicaraguan cigarette market is quite small. Although it has been subject to considerable fluctuations over the years, sales have recently been buoyant. However, hikes in excise duty since 2013 appear to have ended this period of growth, with a resultant two successive years of declines in 2014 and 2015. 2016 saw a further 2.6% fall in volumes and rising prices, as a result of tax hikes. Although duty paid sales fell they are stilll 66.5% above its levels in 1990.
2016 saw per capita consumption to stand only 1.6% above 1990 levels.
The market is entirely supplied through imports, originating mainly from Honduras, Chile, Mexico, and Costa Rica. BAT Central America .dominates Nicaragua's cigarettes market.
Men account for over three quarters of the smoking population.
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