Press release - Study Highlights the Philippines as Country with the Fastest Growth in Illicit Cigarettes
- Philippines’ illicit cigarette consumption almost tripled in 2013; mainly attributed to domestically-produced illicit cigarettes
- Accounts for 34.5% of all total illicit cigarettes consumed in ASEAN countries during 2013, and is second only to Vietnam with 39%
- Almost one in five cigarettes in the Philippines is found to be illicit, leading to an estimated loss in tax revenue of USD368 million
Singapore September 11, 2014 – The Philippines is the fastest-growing and now one of the top two illicit cigarette markets within ASEAN (Association of Southeast Asian Nations). Consumption of illicit cigarettes grew by 198% from 2012 to 2013 according to a newly-released study.