Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Industry revenue of »manufacture of tobacco products« in Bulgaria 2011-2023

Between 2011-2015, revenues of the Bulgarian tobacco products manufacturing industry witnessed a 40 percent growth, owing to a rapid rise in illegal cigarette manufacturing companies. Ever since, the government has taken robust measures to eliminate illegal producers and tackle the spread of illicit tobacco products. Additionally, the tariffs on cigarettes have also been hiked by as much as 40 percent. This has affected industry revenues to a certain extent, however, consumer demand still remains high and therefore revenues are projected to grow from 817 million U.S. dollars in 2016 to 908 million U.S. dollars by 2023.

Seventh leading cigarette producer in Europe

Bulgaria was the seventh largest cigarette producer in Europe in 2016, having produced over 21 billion cigarettes. The market has benefited from the presence of some of the largest tobacco companies in the world such as British American Tobacco, Philip Morris International, Japan Tobacco International and Imperial Tobacco to name a few.

Industry revenue of »manufacture of tobacco products« in Bulgaria from 2011 to 2023

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Bulgaria. The industry “manufacture of tobacco products“ has the code “C12“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Bulgaria"

Further Content: You might find this interesting as well

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.