- Apr 2, 2009
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Philip Morris International reports .4% ovreall cigarette volume decline (i.e. 41.2 million pack decline) in 3Q14
PMI.com Event Details
But note that PMI reported the following impact of e-cig sales on cigarette consumption in Italy and Poland.
“In Italy, the total cigarette market of 20.1 billion units decreased by 0.1%, mainly reflecting a lower incidence of e-vapor products and continued growth of the low-price segment.”
“In Poland, the total cigarette market of 11.3 billion units decreased by 10.8%, reflecting the prevalence of e-cigarettes, illicit trade and non-duty paid OTP products.”
PMI.com Event Details
But note that PMI reported the following impact of e-cig sales on cigarette consumption in Italy and Poland.
“In Italy, the total cigarette market of 20.1 billion units decreased by 0.1%, mainly reflecting a lower incidence of e-vapor products and continued growth of the low-price segment.”
“In Poland, the total cigarette market of 11.3 billion units decreased by 10.8%, reflecting the prevalence of e-cigarettes, illicit trade and non-duty paid OTP products.”
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