Cigarettes made up the largest portion of tobacco product revenue in South America in 2019 and were set to grow in market share to 78.57 percent by 2022. E-cigarettes were the smallest revenue segment but also stood to gain some market share by 2022.
Revenue share of tobacco products in South America in 2019 and 2022, by segment
The market for Tobacco Products is constituted here by (filtered) Cigarettes, Smoking Tobacco (fine-cut tobacco, pipe tobacco), Cigars and cigarillos, and E-Cigarettes. Snuff, chewing tobacco and heat-not-burn products are not included at the moment nor are untaxed tobacco products. All prices and market value statements include all relevant sales and consumption taxes.
To enable a better comparison between Cigarettes and Cigars and loose tobacco in terms of per capita consumption and price per unit, the latter's volume is denoted in 1.000 kgs (total consumption) and grams (per capita consumption, price per unit). Due to a growing health consciousness of consumers and increased regulation (such as through advertising bans in Europe) the use of tobacco in Europe has been decreasing in recent years and volume growth has almost exclusively been realized in emerging markets. The five most important producers worldwide are the China National Tobacco Corporation, Philip Morris International (PMI), British American Tobacco (BAT), Japan Tobacco International (JTI) and Imperial Tobacco.
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Statista Consumer Market Insights. (March 4, 2021). Revenue share of tobacco products in South America in 2019 and 2022, by segment [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/forecasts/794850/tobacco-product-revenue-share-south-america
Statista Consumer Market Insights. "Revenue share of tobacco products in South America in 2019 and 2022, by segment." Chart. March 4, 2021. Statista. Accessed December 02, 2024. https://www.statista.com/forecasts/794850/tobacco-product-revenue-share-south-america
Statista Consumer Market Insights. (2021). Revenue share of tobacco products in South America in 2019 and 2022, by segment. Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/forecasts/794850/tobacco-product-revenue-share-south-america
Statista Consumer Market Insights. "Revenue Share of Tobacco Products in South America in 2019 and 2022, by Segment." Statista, Statista Inc., 4 Mar 2021, https://www.statista.com/forecasts/794850/tobacco-product-revenue-share-south-america
Statista Consumer Market Insights, Revenue share of tobacco products in South America in 2019 and 2022, by segment Statista, https://www.statista.com/forecasts/794850/tobacco-product-revenue-share-south-america (last visited December 02, 2024)
Revenue share of tobacco products in South America in 2019 and 2022, by segment [Graph], Statista Consumer Market Insights, March 4, 2021. [Online]. Available: https://www.statista.com/forecasts/794850/tobacco-product-revenue-share-south-america