Cigarettes - Ethiopia

  • Ethiopia
  • In 2024, the Cigarettes market in Ethiopia reported a revenue of US$0.7bn.
  • Looking ahead, the market is projected to grow at an annual rate of 10.25% from 2024 to 2029, according to the compound annual growth rate (CAGR).
  • When compared to other countries globally, in China stands out as the top revenue generator in the Cigarettes market, with a revenue of US$282,900m in 2024.
  • In terms of per capita figures, the per person revenue generated in the Cigarettes market in Ethiopia amounted to US$7.35 in 2024.
  • This showcases the market's performance relative to the total population of the country.
  • Looking at volume, it is expected that the Cigarettes market will reach a volume of 10.2bn pieces by 2029.
  • In 2025, the segment is projected to experience a volume growth of 2.9%.
  • Furthermore, the average volume per person in the Cigarettes market is expected to be 92.8pieces in 2024.
  • This indicates the amount of cigarettes consumed per individual in Ethiopia.
  • Despite a rising awareness of the health risks associated with smoking, cigarettes continue to be widely consumed in Ethiopia, reflecting a deeply ingrained cultural habit.

Key regions: Singapore, China, Worldwide, Germany, United States

 
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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., the Statista Consumer Insights Global Survey), 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). Survey data is reweighted for representativeness.

Overview

  • Revenue
  • Key Players
  • Volume
  • Price
  • Analyst Opinion
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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