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Latin America

Read our latest reports on Latin America here, with analyses and ...

Read our latest reports on Latin America here, with analyses and market statistics that explore the evolving consumer preferences, market environment and inherent growth potential in individual countries, or briefings that assess key strategic themes...

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Country Report

Tobacco in Panama

Jun 2024

Volume sales of cigarettes continued to decline in 2023. Government anti-tobacco initiatives, a decrease in smoking prevalence and growth in illicit trade challenged legal sales. Despite inflation-induced price sensitivity, premium brands remained…

USD 2,450
Country Report

Tobacco in Paraguay

Jun 2024

Paraguay’s consumption of tobacco declined once again in 2023 as smoking prevalence continued to fall. The increased awareness of the harmful effects of smoking on health, anti-tobacco policies, such as bans on advertising, the inclusion of health…

USD 2,450
Country Report

Cigarettes in Costa Rica

Jun 2024

Despite a significant reduction in domestic inflation, average unit prices for cigarettes in Costa Rica continued to rise in 2023. Indeed, official sources indicate the consumer price index (CPI) for these products increased at a faster rate than in…

USD 1,195
Country Report

Cigarettes in Dominican Republic

Jun 2024

The cigarette market in the Dominican Republic continued to decline in 2023 in volume terms due to rising health awareness, resulting in more smokers quitting and fewer new cigarette consumers. Sales have also been impacted by the shift to e-vapour…

USD 1,195
Country Report

Cigarettes in Peru

Jun 2024

Cigarettes in Peru continued to suffer from persistent illegal trade in 2023. Since the beginning of the COVID-19 pandemic, the advance of the illicit market - essentially composed of smuggling – has been relentless, with illicit trade in 2023…

USD 1,195
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