Rising Sales of Small Cigars in Russia Due to Price Stability

Market by 2FIRSTS.ai

Nov.20.2023

Rising Sales of Small Cigars in Russia Due to Price Stability

According to Russian media RBC, sales of Russian cigars have increased by 105.7% in the first nine months of this year.

According to a report by Russian media RBC on November 16, the sales of small cigars in Russia have increased by 105.7% in the first nine months of this year compared to the same period last year. Meanwhile, the sales growth for cigarettes and roll-your-own tobacco were 4.1% and 6.2% respectively.

In Voronezh, Nikolay Shalygin, the founder of the "Depository 1931" cigar lounge, revealed that the sales of small cigars have increased due to the significant surge of 40-50% in cigar prices this year. While the prices of small cigars have remained relatively stable, the sharp rise in cigar prices has contributed to this rise in sales.

References:

[1] Альтернатива подорожавшим сигарам – в России резко вырос спрос на сигариллы

Also Read:

[1] E-cigarette Epidemic Among Minors Sparks Concern in Russian City

[2] Russia Considers Banning E-cigarettes to Protect Public Health

#Russia

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