From the textbook, to the marketplace,
as the professors teach it;
Sales of tobacco products in Spanish tobacconists and bars have
dropped dramatically in the last five years, according to the Finance
Ministry and the cigarette industry.
By about half, from over 90 billion ten years ago, to 47 billion smokes today;
The trend can be attributed to tougher anti-smoking legislation, tax
hikes and a loss of consumer purchasing power as a result of the
economic crisis. This in turn has led to a spike in tobacco smuggling
and a search for cheaper alternatives, such as roll-your-own cigarettes
and pipe tobacco.
Consumers are also turning to low-cost cigarettes, whose makers have
been thriving and already control a share of over 11 percent of the
market.
Also to an ages old solution;
According to a KPMG study commissioned by the four largest cigarette
manufacturers ... 8.8 percent of all tobacco consumed
in Spain is smuggled in. If you also take into account the 15 packs that
a person can legally bring in from the tax-free principality of
Andorra, just north of Catalonia, on each visit, the proportion of
tax-free cigarettes smoked in Spain is now over 11.3 percent, compared
with 2.5 percent in 2009.
Qué sorpresa.
No comments:
Post a Comment