The Saudi government’s excise tax implementation in June 2017 of 100% excise tax, doubled the price per pack. Although there were reported declines in the market, consumers took to social media to complain about the steep price rise, a majority decided to either pay the price increase or switch to mid-priced or economy brands. The price rise...
Smokeless tobacco is non-existent in Saudi Arabia, with this situation not expected to change over the forecast period.? Euromonitor International’s Smokeless Tobacco and Vapour Products in Saudi Arabia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data...
In 2017, sales of tobacco in Saudi Arabia declined due to excise tax implementation at 100% that was implemented as a first in the region. As of June 2017, the Saudi Ministry of Health doubled the price of cigarettes. This made brands even less affordable, and compounded by the new 5% Value Added Tax (VAT) implemented in January 2018. According...
Cigarettes in Saudi Arabia, 2017 Summary "Cigarettes in Saudi Arabia, 2017", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Saudi Arabian market. Saudi Arabia has been one of the most proactive countries in seeking...
The report Tobacco Product Market in Saudi Arabia to 2021 offers the most up-to-date industry data on the actual market situation, and future outlook for tobacco products in Saudi Arabia. The research includes historical data from 2010 to 2016 and forecasts until 2021 which makes the report an invaluable resource for industry...