aA
The market of illegal cigarettes in Lithuania has further expanded over the past year and remains among the biggest in the European Union, according to the latest study by the international audit, tax and consulting company KPMG.
Lithuania's illicit tobacco market remains among biggest in Europe
© MKT

Lithuania came 2nd in the EU and the country's budget lost 68 million in potential revenue last year, up 2 million from 2018.

The situation in other Baltic states is improving, the survey shows as the illegal tobacco market in Latvia and Estonia shrank last year.

Illicit cigarettes last year accounted for 17.7 percent of Lithuania's total tobacco product market, compared to 14 percent in Latvia and 7 percent in Estonia. Only the illegal tobacco market was only bigger in Greece, accounting for 22 percent of the total.

KPMG's empty pack and sales survey shows the total number of cigarettes smoked in Lithuania inched down slightly last year but as many as 540 million illegal cigarettes were consumed, up 0.04 percent, or 0.2 million units, from 2018.

The shadow tobacco market in Estonia shrank 2.1 percent last year and contracted as much as 5.4 percent in Latvia.

Around 80 percent of cigarettes imported to Lithuanian came from neighboring Belarus.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Lithuanian urban logistics platform raises €2.2M seed from Japanese backed VC

Ziticity , Lithuanian last-mile delivery service has closed a €2.2 million seed equity investment...

Some 70 flights to return to Lithuanian airports in July

As European countries are gradually resuming air transport, some 70 flights are scheduled to return to...

Loan signed to finance planned gas interconnection between Poland and Lithuania

The European Investment Bank (EIB) has signed a €65 million loan agreement with Lithuanian gas...

Seimas brings low-alcohol drinks to beaches (2)

The Seimas of Lithuania has backed a proposal of a group of lawmakers to ease the sale of low- alcohol...

Coffee Address to acquire Estonian vending and coffee service company

Coffee Address Holding, a vending and coffee service company in the Baltics operating under the...

Top news

Twelve suspects and convicts brought by military plane from UK

Twelve suspects and convicts whose extradition had to be postponed due to the coronavirus pandemic...

Lithuania hands over to Russia regarding serious environmental violations in Baltic Sea

On 3 July, the Ministry of Foreign Affairs of Lithuania handed over a verbal note to the Embassy of...

LGBT community calls on president to show solidarity and wear rainbow badge

Representatives of Lithuania’s lesbian, gay, bisexual and transgender ( LGBT ) community and their...

3 new coronavirus cases

On Thursday, 3 new coronavirus cases were recorded in Lithuania. Overall, 1828 COVID-19 cases have...

First ladies discuss challenges brought by COVID-19 pandemic

Lithuania’s First Lady Diana Nausediene and Elke Budenbender, spouse of Germany’s president,...

|Maža didelių žinių kaina