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Rising Prices of Cigarettes Lowering Consumption in Finland: Ke

  • Ken research announced its recent publication on Cigarettes in Finland . The report provides a comprehensive analysis  on the cigarette market of Finland. It gives an highly analytical, extensive and  detailed current and future market trends in the Finnish market. It further , covers market size and structure along with per capita and overall consumption. Additionally, it delineates about the brand data, retail pricing, prospects and forecasts for sales and consumption to 2025.

    Finland is a sovereign state in northern Europe and a part of the Eurozone .The nation has a highly industrialized mixed economy . The service sector is the largest sector of the economy at 72.7% , followed by manufacturing ( 31.4%) and primary sector (2.9%).  It has a relatively open economy and the international trade is a third of the GDP. The biggest trade partners are with, Russia  Sweden, the United Kingdom, the United States, Netherlands and China. The Finnish tax structure is heavily based on ad valorem or value-based tax

    Finland is sparsely populated as it located in the Arctic circle . The nation does not have a very young lot of citizens ats over 20% of its population are above the age of 65. Finnish government invests heavily in education , training and research and thus delivers one of the most quality workforce in the world.

    On the external front, the collapse of the Soviet Union in 1990s had hit its exports badly. With the fall in prices, western sanctions related to the crisis in  Ukraine and Russia’s trade retaliation against the EU has further impacted the trade negotiations of Finland. Further, the wage rate is rising and the labour productivity is falling.

    The level of smoking in Finland is lowest amongst all the European nations . Recently , the sale for cigarettes is falling regularly . The major factor is the regular rise in the price of cigarettes. Further, the campaign against smoking and the government commitment to fight the industry is showing success. The ban on the flavored cigarettes will also impact the industry as methanol cigarettes have a considerable share in the market.  As EU brings out its tobacco product directive , the industry is set to see more setbacks.

    The laws related to tobacco products

        Sale is prohibited to people under the age of 18
        Advertising is strictly prohibited
        People cannot smoke in restaurants, pubs or workplaces
        Retail sale of tobacco is subject to license

    Thus, with the enactment of strict laws, the Finnish government aims abolish smoking completely in the upcoming years

    Topics Covered in the Report

        Cigarettes Market Finland
        Cigarette Market Consumption Finland
        Global Cigarette Production Volume
        Finland Cigarette Market Future Outlook
        Cigarette Advertisement Expenditure Finland
        Finland Cigarette export volume
        Finland Cigarette import volume
        Finland Cigarette Market Size
        Finland Cigarette Market trends
        Finland Cigarette Market growth
        Finland Cigarette Market share
        Finland Cigarette Market future
        Finland Cigarette Market analysis
        Finland Cigarette Market research

    For more information click on the link below

    https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/cigarettes-finland/78851-11.html

    Related Links

    https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/cigarettes-algeria/78850-11.html

    https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/cigarettes-singapore-2017/79695-11.html

    Contact:
    Ken Research

    Ankur Gupta, Head Marketing & Communications

    [email protected]

    +91-124-4230204


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