As many of us have expected, tobacco cigarette sales have and will continue to fall. Whether it’s electronic cigarettes or not that is causing the plummet, the result means many saved lives.
Altria reported a 3.6% decline in cigarette volume in US during first three quarters of 2013, 6.0% increase in smokeless tobacco volume.
Reynolds American reported a 6.3% decline in cigarette volume in US during first three quarters of 2013, 6.0% increase in American Snuff’s moist snuff volume.
Lorillard reported $177 million in e-cigarette sales in US during first three quarters of 2013 (up from $22 million in a year ago), and .2% decline in cigarette volume in US.
British American Tobacco reported cigarette volume decline of 3.2% during first three quarters of 2013, including declines in Brazil, Russia, Turkey, Ukraine, Egypt and Western Europe.
Philip Morris International reported overall cigarette volume decline of 7.9% in EU for first three quarters of 2013, reports PMI cigarette volume declines of 7% in EU, 7.2% in Asia, 3.4% in Latin America & Canada, 2.8% in Eastern Europe, Middle East & Africa.