China Tobacco Industry Keeps Steady Development in First Eight Months 2014

Source from:  China Tobacco Magazine 10/20/2014

Cigarette Sales

During January to August, the tobacco industry sold 1726.7 billion cigarettes (34.534 million cases) in domestic market, an increase of 1.3 percent, compared to the same period last year. During the same period, the tobacco industry sold 1757.65 billion cigarettes (35.153 million cases), an increase of 0.2 percent, compared to the same period last year. Grade one, 2 registered a higher sales volume, Grade 3 reduced at the first 8 months; sales of the Grade one, 2 increased by 16.6 percent and 17.1 percent respectively, the Grade one accounted to 20.7 percent of total sales volume in China's tobacco industry, increased by 2.9 percent year-on-year. The total sales volume of first three grades cigarettes accounted to 76.0 percent in total sales volume of China's tobacco industry, increased by 2.5 percent year-on-year.

Cigarette Inventories

At the end of August, the cigarette inventories on the part of China's tobacco industry reached 194.35 billion cigarettes (3.887 million cases), up 48.3 billion cigarettes (0.966 million cases), with the cigarette inventories of manufacturing sector at 74.5 billion cigarettes (1.49 million cases), and the cigarette inventories of commercial sector at 223.3 billion cigarettes (4.466 million cases).

Taxes and Profits

On first eight months in 2014, the tobacco industry of China generated 752.4 billion yuan in manufacturing and commercial taxes and profits, an increase of 9.3 percent over same period of 2013, with the amount of manufacturing taxes and profits going up 7.7 percent year-on-year at 505.557 billion yuan, and with the amount of commercial taxes and profits going up 11.9 percent year-on-year at 245.47 billion yuan.

Key cigarette brands

On first eight months in 2014, the tobacco industry of China sold 1466.5 billion cigarettes (29.33 million cases) of key brand cigarette, up 1.5 percent year-on-year, accounted to 83.5 percent of total sales of tobacco industry, and commercial sectors generated 893.51 billion yuan in sales.

On first eight months in 2014, the tobacco industry of China sold 1087.5 billion cigarettes (21.75 million cases) of 15 key brand cigarette in first three grades, up 5 percent year-on-year, accounted to 61.9 percent of total sales of tobacco industry.

On first eight months in 2014, 15 key brands by sales of the tobacco industry of China generated 766.77 billion yuan in sales, up 10.4 percent year-on-year, accounted to 80.5 percent of total sales of tobacco industry, up 1.8 percent year-on-year. Enditem