Economy

Philip Morris sees 11% fall in shipments in Ukraine in Q2 2017

Philip Morris International Inc. (PMI) in April-June 2017 cut cigarette shipments in Ukraine by 11% year-over-year, to 5.3 billion cigarettes.

Referring to a quarterly report of A.C. Nielsen, PMI said that shipments in January-June 2017 fell by 18.9% year-over-year, to 9.4 billion cigarettes.

In Q2 2017 the Ukrainian estimated total market narrowed by 9.3%, to 17.5 billion cigarettes, and in H1 2017 – by 11.6%, to 32.4 billion cigarettes.

PMI's share of the Ukrainian tobacco market in H1 2017 fell by 2.7 percentage points, to 27.6%, and in Q2 2017 – by 2.7 percentage points, to 28.2%.

Growth of Marlboro and Parliament brands in April-June 2017 was 0.1 and 0.5 percentage points, to 3.2% and 3.4% respectively. The Bond Street brand share fell by 1.5 percentage points, to 9%.

As reported, Philip Morris International Inc. in 2016 increased shipments of cigarettes in Ukraine by 14.7% in 2016, to 22.014 billion pieces.

Philip Morris International is one of the world's largest manufacturers of tobacco products. It produces cigarettes at more than 50 factories, sells them in 180 countries.

The company has been operating in Ukraine for more than 20 years. It manufactures products at the factory in Kharkiv region.

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