<strong>China Tobacco Industry Keeps Steady Development in First Ten Months</strong>

Source from:  TobaccoChina Online 12/17/2013

The tobacco industry of China, registered balanced growth of both cigarette production and sales in first 10 months in 2013, with the increment of brands value, and with key brands going up steadily.

Cigarette Production

During January to October 2013, China's tobacco industry produced 2152.35 billion cigarettes (43.047 million cases) for domestic sales, an increase of 1.0 percent over the same period 2012.

Cigarette Sales

During January to October, the tobacco industry sold 2172.45 billion cigarettes (43.449 million cases), an increase of 1.3 percent, compared to the same period last year. Grade one, 2 and 3 registered a higher sales volume at the first 10 months; sales of the Grade one, 2 and 3 increased by 15.8%、16.5% and 3.6% respectively, the Grade one accounted to 17.9 percent of total sales volume in China's tobacco industry, increased by 2.2 percent year-on-year. The total sales volume of first three grades cigarettes accounted to 73.5 percent in total sales volume of China's tobacco industry, increased by 4.4 percent year-on-year.

Cigarette Inventories

At the end of October, the cigarette inventories on the part of China's tobacco industry reached 170.4 billion cigarettes (3.408 million cases), up 12.8 billion cigarettes (0.256 million cases), with the cigarette inventories of manufacturing sector at 53.55 billion cigarettes (1.071 million cases), and the cigarette inventories of commercial sector at 116.85 billion cigarettes (2.164 million cases).

Taxes and Profits

On first 10 months, the tobacco industry of China generated 854.07 billion yuan in manufacturing and commercial taxes and profits, an increase of 11 percent over same period of 2012, with the amount of manufacturing taxes and profits going up 10.6 percent year-on-year at 584.64 billion yuan, and with the amount of commercial taxes and profits going up 12 percent year-on-year at 269.69 billion yuan.

Cigarette brands

On first 10 months in 2013, the tobacco industry of China sold 1704.5 billion cigarettes (34.09 million cases) of key brand cigarette, up 78.5 percent year-on-year, and commercial sectors generated 999.3 billion yuan in sales, up 11.5 percent, accounted to 91.4 percent of total sales of tobacco industry.

On first 10 months in 2013, the tobacco industry of China sold 1286.8 billion cigarettes (25.736 million cases) of 15 key brand cigarette in first three grades, up 9.9 percent year-on-year，accounted to 59.2 percent of total sales of tobacco industry，up 4.6 percent year-on-year.

On first 10 months in 2013, 15 key brands by sales of the tobacco industry of China generated 861.77 billion yuan in sales, up 12.2 percent year-on-year, accounted to 78.9 percent of total sales of tobacco industry，up 2.3 percent year-on-year. Enditem