North Korea Cigarettes Market Size, Share & Trends Analysis and Forecast 2021-2025
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North Korea Cigarettes, 2021, is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the North Korean 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 North Korean cigarette market remains poorly documented. Production data has been kept largely confidential since the mid-1960s, and foreign trade figures have also been unavailable to the outside world. The limited available information is based on data from North Korea’s trading partners rather than the country’s trade statistics. The only recent hard fact to come out of the country was that the former leader, Kim Jong II, had given up smoking and was leading a nationwide anti-smoking campaign.
Scope
– Based on market estimates and population data, legitimate per capita consumption rates were estimated at 725 pieces in 2019. Forecasts suggest a 5.8% fall in per capita consumption in 2020 to 683 pieces.
– The performance of the North Korean economy remains a major problem for all those operating in the cigarette market. Recent GDP performance has been poor with the economy contracting 3.5% in 2017 and 4.1% in 2018 as a result from increased international sanctions. Although growth of 0.4% is recorded for 2019 another contraction is forecast for 2020 as the economy is hit by the global COVID-19 pandemic.
– GlobalData forecasts a 5.4% fall in cigarette sales in 2020 as a result taking volumes 13.7% above those in 1990.
Reasons to Buy
– 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.
Kwangmyong
Saebom
Ryongbon
Kangsom Marlboro (PMI)
Parliament (PMI)
Camel (JTI)
Kent (BAT)
Rothmans (BAT)
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