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Cigarettes in Trinidad & Tobago

Published By :

Canadean

Published Date : Oct 2016

Category :

Tobacco Products

No. of Pages : 37 Pages

Summary
Trinidad & Tobago is a comparatively small and declining cigarette market with estimated sales of 1.22 billion pieces in 2014. There is only one cigarette manufacturer operating in Trinidad: the West Indian Tobacco Co (WITCO), a 50.1% owned subsidiary of BAT. It is the dominant supplier with 95% of market volume.

Key Findings
-The importance of WITCO means the market is dominated by domestically manufactured cigarettes and import penetration is low

-The market comprises a mix of national and international brands. They are mostly of Virginia, rather than American blend, the latter being confined to the premium segment and recording only a small volume

-In June 2009 it was reported that Trinidad & Tobago has the fourth highest rate of smoking amongst 13-15 year olds in the region.

Synopsis
Cigarettes in Trinidad & Tobago, is an analytical report by Canadean that provides extensive and highly detailed current and future market trends in the Trinidad & Tobago market.

What else does this report offer?

-Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis and our in-house expertise

-Detailed information such as market shares and recent developments of the manufacturers, leading brands along with company profiles

-Regulations, taxation, retail pricing, smoking habit and the growing health concerns affecting overall production

-Prospects and forecasts of overall sales and consumption for 2014 to 2024

ReasonsToBuy
-Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market

-Identify the areas of growth and opportunities, which will aid effective marketing planning

-As consumers product demands evolve, the dynamics between different countries also change favoring some countries and leaving others increasingly out of line with demand patterns. As a result, understanding the specific market dynamics of the Trinidad & Tobago market is crucial to ensuring maximum future sales

-The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes -prime intelligence for marketers

-Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future
Table of Contents
1 Overview
2 Market Size
3 Market Structure
4 Manufacturers & Brands
5 Taxation & Retail Prices
5.1 Taxation
5.2 Retail Prices
6 The Smoking Population
7 Production & Trade
7.1 Production
7.2 Imports
7.3 Exports
8 Operating Constraints
8.1 Advertising Restrictions
8.2 Health Warnings
8.3 Other Restrictions
9 Company Profiles
10 Prospects & Forecasts
11 Appendix
11.1 What is this Report About?
11.2 Time Frame
11.3 Product Category Coverage
11.4 Methodology
11.5 About Canadean
11.6 Disclaimer

List of Tables
Table 1: Cigarette Consumption, 19902015
Table 2: Per Capita Consumption, 19902015
Table 3: Market Breakdown: Domestic v Imported Products, 2000-2014, Million Pieces
Table 4: Market Breakdown: Domestic v Imported Products, 2000-2014, % of Total
Table 5: Manufacturer Sales & Market Shares, 2000-2015, Million Pieces
Table 6: Manufacturer Sales & Market Shares, 2000-2015, % of Total
Table 7: Retail Prices: Selected Brands, 2007-2011, TT$/Pack
Table 8: Retail Prices: Selected Brands, 2013 & 2014, TT$/Pack
Table 9: Smoking Population, 19902014
Table 10: Cigarette Production, 19902014
Table 11: Imports of Cigarettes, 1990-2014
Table 12: Imports by Country of Origin, 2003-2014, Million Pieces
Table 13: Imports by Country of Origin, 2003-2014, % of Total
Table 14: Exports of Cigarettes, 1990-2014
Table 15: Exports by Country of Destination, Volume, 2000 2014, Million Pieces
Table 16: Exports by Country of Destination, Volume, 2000 2014, % of Total
Table 17: Company profile: West Indian Tobacco Company Ltd (WITCO)
Table 18: Consumption Forecasts to 2024

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