Market Insights Consumer Tobacco Products

Cigarettes - Uganda

Uganda

In 2024, the revenue in the Cigarettes market in Uganda amounts to UGX US$273.8m.
It is projected that the market will experience an annual growth rate of 3.47% (CAGR 2024-2028).
Comparing globally, in China generates the highest revenue in this segment, with UGX US$282,900m in 2024.
Considering the total population, per person revenues of UGX US$7.78 are generated in 2024.
Looking ahead to 2028, it is expected that the volume in the Cigarettes market will reach 4.0bn pieces.
Additionally, a volume growth of -0.7% is anticipated in 2025.
The average volume per person in the Cigarettes market is projected to be 119.4pieces in 2024.
Uganda's cigarette market is experiencing a surge in demand due to a high smoking prevalence among the population.

Key regions: Philippines, Germany, Worldwide, Russia, Indonesia

Market

Region

Region comparison

Currency

Analyst Opinion

Cigarettes represent more than 90% of the value in the traditional Tobacco Products market. The mainstay of Big Tobacco has come under heightened scrutiny from regulatory bodies and the public, which has led to an enduring decline in volume sales. Due to high levels of taxation, roughly half of all revenues go directly to the state in the form of various excise duties and sales taxes.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Cigarettes.

Modeling approach:

The segment size is determined through a bottom-up approach. In order to analyze the markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., Statista Consumer Insights), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as smoking rates, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing and regression analysis. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.