Iraq Cigerettes, 2020

Iraq Cigerettes, 2020

Summary

Iraq Cigarettes, 2020 is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Iraq's Cigarette market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2030.

The Iraqi cigarette market has experienced several problems during the last two decades. Initially, the sector was adversely hit by the 1991 Gulf War and subsequent UN Security Council Resolutions, notably SCR 986 that severely limited Iraq's ability to trade. While current forecasts are difficult, sales were up again in 2019 to an estimated 30.3 billion pieces to take the market to 16.1% of its level in 1990. Looking forward, the impact of COVID-19 is forecast to reverse such growth during 2020.

Scope

• COVID-19 is set to disrupt further growth during 2020 with a contraction of 5% forecast. Duty paid sales are expected to drop back 4.3% to 29.0 billion pieces.
• Duty paid consumption is forecast to decline to 746 while overall per capita consumption, including illegal sales, will be 875 pieces per year.
• With non-duty paid sales set to remain a feature of the market, they are likely to prove difficult to dislodge especially given the recent price rises resulting from tax increases.
• Imports volumes subsequently increased to 80.9 billion pieces in 2018 although a reduced 27.0 billion pieces are recorded for 2019.

• Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
• Identify the areas of growth and opportunities, which will aid effective marketing planning.
• The differing growth rates in regional product sales drive fundamental shifts in the market.
• This report provides detailed, authoritative data on these changes - prime intelligence for marketers.
• Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.