Category: Tobacco Products
Nigeria Tobacco Products
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Nigeria Cigarettes
... 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 ... Read More
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Nigeria Cigars, Cigarillos and Smoking Tobacco
... consumer spending power, whilst unit prices rose strongly due to the depreciation of the local currency making imports significantly more expensive. Cigars and cigarillos were the worst affected as these are considered luxury and unessential ... Read More
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Nigeria Smokeless Tobacco, E-Vapour Products and Heated Tobacco
... 2023. Unit prices have increased over 50%, leading to strong growth in current value sales, but a sizeable decline in retail volume terms. The high price and weak economy curbed demand for what is considered ... Read More
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Nigeria Tobacco
... to reduce consumption or to seek cheaper alternatives, including products via illicit trade. Depreciation of the local currency, which was partly responsible for the inflationary conditions, was the underlying factor forcing companies to increase unit ... Read More
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Nigeria: Tobacco Industry - Analysis, Size, Trends, Consumption, and Forecast
... development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis of the Nigerian tobacco ... Read More
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Nigeria: Cigarettes Market - Analysis, Size, Trends, Consumption, and Forecast
... forecast for the market development in the medium term. The report provides a strategic analysis of the cigarettes market in Nigeria and describes the main market participants, growth and demand drivers, challenges, and all other ... Read More
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Nigeria: E-Cigarettes Market - Analysis, Size, Trends, Consumption, and Forecast
... forecast for the market development in the medium term. The report provides a strategic analysis of the e-cigarettes market in Nigeria and describes the main market participants, growth and demand drivers, challenges, and all other ... Read More
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Nigeria: Smoking Tobacco Market - Analysis, Size, Trends, Consumption, and Forecast
... it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the smoking tobacco market in Nigeria and describes the main market participants, growth and demand drivers, ... Read More
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Middle East and Africa Aluminum Foil Packaging Market, By Product (Foil Wraps, Pouches, Blisters, Containers); By End Use (Food & Beverages, Tobacco, Pharmaceuticals, Cosmetics); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Competitive Landscape & Forecast, 2019–2029
... Rest of MEA), Competitive Landscape & Forecast, 2019–2029 Middle East and Africa Aluminum Foil Packaging Market Size Grows at Steady CAGR of 4.9% to Reach USD 2.97 Billion by 2029 Middle East and Africa aluminum ... Read More
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Smokeless Tobacco, E-Vapour Products and Heated Tobacco in Nigeria
... erosion of purchasing power among consumers as inflation soared due to the global recovery from COVID-19, the fallout of Russia’s invasion of Ukraine and the depreciation of the naira. Unfavourable foreign exchange rates were a ... Read More
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Cigarettes in Nigeria
... as high inflation eroded purchasing power and drove up the general cost of living. Price hikes were primarily attributable to a significant rise in the specific excise on these products from June, but also reflected ... Read More
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Cigars, Cigarillos and Smoking Tobacco in Nigeria
... a spike in inflation caused by the depreciation of the naira, the global recovery from the pandemic and Russia’s invasion of Ukraine. Being dominated by imported brands and having a relatively niche appeal, these categories ... Read More
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Tobacco in Nigeria
... the global recovery from the pandemic, the fallout of Russia’s invasion of Ukraine and the depreciation of the naira. With high inflation eroding purchasing power and causing the general cost of living to soar, rapidly ... Read More
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