Summary

Hungary Smoking Tobacco, 2021, is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Hungarian tobacco 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.

Smoking tobacco in Hungary has recorded positive performance since 2010 in 2020. The FCT sector dominates with 99.5% of the total market in 2020. Pipe tobacco takes the remaining 0.5%. GlobalData estimates 87% of total smoking tobacco volumes were expanded MYO in 2020 compared with 12% for traditional MYO. The Hungarian tobacco market has recently been subject to a number of changes in the way tobacco is taxed; most notably, the replacement of ad valorem, a specific excise duty.

Scope

- Smoking tobacco in Hungary has recorded positive performance since 2010 in 2020.
- The FCT sector dominates with 99.5% of the total market in 2020. Pipe tobacco takes the remaining 0.5%. GlobalData estimates 87% of total smoking tobacco volumes were expanded MYO in 2020 compared with 12% for traditional MYO.
- Domestic production is carried out by two companies: Róna Tobacco Manufacturing Ltd, a subsidiary of Heintz Van Landewyck, and Continental Tobacco.
- The Hungarian tobacco market has recently been subject to a number of changes in the way tobacco is taxed; most notably, the replacement of ad valorem, a specific excise duty.
- Retail prices have been increasing as levels of tax on smoking tobacco have been raised.

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.