The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.Learn More
Vladislav Savinov, Research Analyst at Euromonitor International, gives an overview of the tobacco industry in Russia. The consumption of tobacco has been on the decline in Russia, slowing growth of the market. This slow down can be traced to government anti-smoking campaigns paired with the economic slowdown. However, the price of cigarettes in Russia is low compared to its neighboring countries, and the smuggling of cigarettes is well-organised and continues to grow.