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
New Research and Policy Outputs launched
12 12 2019We have officially launched our new research and policy report regarding impact of excise taxes on consumption of tobacco products in Southeastern Europe region.The Workshop on Tobacco Economics in Southeastern Europe
11 12 2019The research related Workshop was held on December 11th, 2019 in hotel Holiday Inn in Skopje, North Macedonia.
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