Tobacco in Israel witnessed healthy retail value sales growth in 2010. This was largely due to two main reasons, namely the stable growth of smokers in 2010 with insignificant decreases in the number of existing smokers, alongside a significant increase in the tax on cigarettes, which served to increase unit prices dramatically. As cigarettes remained the largest tobacco category, significant unit price increases, coupled with stagnant retail volume sales growth, helped drive the development of tobacco as a whole in 2010.
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New legislation increases cigarette taxation in 2010
Tobacco products remained subject to high taxation rates in Israel in 2010. In July 2010, the tax on cigarettes was raised once again, following the previous tax hike in April 2009. In July 2010, the tax on cigarettes included an ad valorem excise duty of 260.6% on the price to retail, which means that for every NIS1for the importer out of the price to retail, an excise tax of NIS2.606 is charged. This ad valorem tax is in addition to the fixed tax of NIS214.5 per 1,000 sticks (NIS4.29 a pack). This new law affects all parties: importers and distributors, manufacturers and retailers, as well as the consumer. It is important to mention that there is a minimum tax of NIS475 per 1,000 sticks or NIS9.50 per pack.
Local manufacturer Dubek witnesses the largest decline in retail volume sales share in 2010
Dubek, the only local tobacco manufacturer in Israel, tends to carry a wide variety of local and imported economy brands. In 2010, economy cigarettes suffered a drastic decrease in retail volume sales, as consumers who previously smoked lower-end economy brands traded up to higher quality, upper-economy and mid-priced brands, mainly Next, Pall Mall and Winston. This had a significant negative impact on Dubek’s performance.
Our market research reports answer questions such as:
- What is the market size of Tobacco in Israel?
- What are the major brands in Israel?
- Which sector of the tobacco products market is the largest by value sales in Israel?
- Which sector of the tobacco products market has been growing the fastest, by volume and value, in Israel?
- Which sector is the most heavily taxed in Israel?
- Which companies dominate in the total tobacco market in Israel in terms of market share?
- What is the distribution channel split for the tobacco products market in Israel?
Major points covered in Table of Contents of this report include:
- Executive Summary
- OPERATING ENVIRONMENT
- TAXATION AND PRICING
- PRODUCTION/IMPORTS/EXPORTS
- MARKET INDICATORS
- DEFINITIONS
- Devidas Group Ltd in Tobacco (Israel)
- Dubek Ltd in Tobacco (Israel)
- Globrands Ltd in Tobacco (Israel)
- Cigarettes in Israel - Category Analysis
Explore Comprehensive list of more than Tables & Figures available in the report @http://www.reportsnreports.com/reports/144581-tobacco-in-israel.html
Report Details:
Published: January 2012
No. of Pages:
Price: Single User License – US $ 1900
Published: January 2012
No. of Pages:
Price: Single User License – US $ 1900
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