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

Šimonytė: Lithuania's budget deficit to exceed 5 pct of GDP next year

Lithuania's budget deficit in 2021 will "inevitably" exceed the current projection of 5 percent of...

Air Baltic launches new flight from Vilnius

Air Baltic is on Tuesday launching flights between Vilnius and Kiev .

EU commissioner: Lithuania should cut other taxes if environment taxes are raised

Europe takes the view that taxes need to be balanced and if some taxes are raised, other taxes should...

Capacity at Salcininkai border checkpoint might drop for 4 days in December

The capacity of the Salcininkai international border checkpoint on the Lithuanian-Belarusian border...

Online payment business predicts double turnover for e-shops during Black Friday sale

Black Friday , one of the biggest sale campaigns across the Western world, will be slightly different...

Top news

Office: president and Anusauskas' defense priorities match

The priorities of Lithuanian President Gitanas Nauseda and Arvydas Anusauskas , candidate for the...

Lithuania posts 4-fold surge in coronavirus infections for November

Coronavirus infections surged four-fold in Lithuania in November compared to October and around 10...

Šimonytė: Lithuania's budget deficit to exceed 5 pct of GDP next year

Lithuania's budget deficit in 2021 will "inevitably" exceed the current projection of 5 percent of...

2450 new coronavirus cases

On Wednesday, 2 450 new COVID-19 cases were recorded in Lithuania . In total, the country has already...

Salvatore Babones | D+ nariams

The Quad’s Malabar exercises point the way to an Asian NATO

India, Japan, Australia, and the United States have a good model if they want to keep the peace...

|Maža didelių žinių kaina