Turkish Market Still a Delight for Tobacco

Source from:  World Tobacco 03/27/2009

The Turkish tobacco sector is a money pit, despite its increasing health and marketing controls. By Paul Cochrane, in Beirut. Turkey's tobacco market, the eighth largest in the world and valued this month at around US$9bn (E6bn) in consumer price turnover by British American Tobacco (BAT), has contracted by 5% over the past year following the imposition of a nationwide smoking ban. In 2007, some 107.46bn sticks were sold, according to the Turkish Tobacco and Alcohol Market Regulatory Agency (TAPDK), whereas in the first ten months of 2008, 90.11bn cigarettes were consumed. Enditem