In 2019, the total expenditure on cigarettes and tobacco in Indonesia was about 41 billion U.S. dollars. This was expected to increase to 42 billion U.S. dollars in 2022. The economic impact of the coronavirus (COVID-19) pandemic was predicted to lead to a decrease in spending on cigarettes and tobacco in 2020. However, this was expected to rebound by 2022.
Changes to consumer spend on tobacco during the pandemic
The coronavirus (COVID-19) pandemic had led to significant changes in consumer spending. The closures of borders and businesses meant that many households saw a reduction in their disposable income. Indonesian consumers were thus expected to reduce their share of consumption expenditure on tobacco and cigarettes in 2020. This decrease in spending could also be due to the increase in cigarette and tobacco tax imposed by the Indonesian government earlier that year.
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DBS Group Research. (September 22, 2020). Annual expenditure on cigarettes and tobacco in Indonesia from 2010 to 2019, with forecasts for 2020 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1177671/indonesia-annual-expenditure-on-cigarettes-and-tobacco/
DBS Group Research. "Annual expenditure on cigarettes and tobacco in Indonesia from 2010 to 2019, with forecasts for 2020 to 2022 (in billion U.S. dollars)." Chart. September 22, 2020. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1177671/indonesia-annual-expenditure-on-cigarettes-and-tobacco/
DBS Group Research. (2020). Annual expenditure on cigarettes and tobacco in Indonesia from 2010 to 2019, with forecasts for 2020 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1177671/indonesia-annual-expenditure-on-cigarettes-and-tobacco/
DBS Group Research. "Annual Expenditure on Cigarettes and Tobacco in Indonesia from 2010 to 2019, with Forecasts for 2020 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Sep 2020, https://www.statista.com/statistics/1177671/indonesia-annual-expenditure-on-cigarettes-and-tobacco/
DBS Group Research, Annual expenditure on cigarettes and tobacco in Indonesia from 2010 to 2019, with forecasts for 2020 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1177671/indonesia-annual-expenditure-on-cigarettes-and-tobacco/ (last visited July 27, 2024)
Annual expenditure on cigarettes and tobacco in Indonesia from 2010 to 2019, with forecasts for 2020 to 2022 (in billion U.S. dollars) [Graph], DBS Group Research, September 22, 2020. [Online]. Available: https://www.statista.com/statistics/1177671/indonesia-annual-expenditure-on-cigarettes-and-tobacco/