Elasticity of Tobacco Products
Estimated price elasticities for selected SEE countries vary from 0.44 in Croatia up to 0.83 in Bosnia-Herzegovina, which means that increase in prices of cigarettes for 10% per pack will lead to decrease in consumption of cigarettes by 4.4%-8.3%
Tobacco Market
The total annual number of cigarettes produced in selected SEE countries increased from 36,100 million sticks in 2013 to 52,000 million sticks in 2017, while raw tobacco yields have decreased from 50,300 t to 42,500 t indicating rapid growth of its imports to satisfy growing needs of the industry
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Tobacco Taxation and Pricing
The total excise tax per cigarette pack, among selected SEE non-EU countries, varies from 0.79€ in Macedonia up to 1.55€ in Bosnia-Hercegovina, while the EU Directive 2011/64/EU requires it to be at least 1.9€
Latest
Roundtable “The effectiveness of tax policy changes in Montenegro – smoking behavior by socioeconomic status”
03 12 2019Institute for Socio-Economic Analysis held the second round table regarding the issue related to acceleration of tobacco taxation policy in Montenegro.Roundtable “Price and Income elasticity on extensive and intensive margin and by income group”
26 11 2019Democracy Plus held the first national roundtable. The results form the analyses on “Price and Income elasticity on extensive and intensive margin and by income group” were communicated to the stakeholders.Roundtable "Improvement of tobacco taxation policy in Serbia"
18 11 2019The Roundtable on "Improvement of tobacco taxation policy in Serbia" was organized in Belgrade on November 18, 2019.
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