Ungated Post | 26 Sep 2013
Asia-11 Illicit Tobacco Indicator 2012
This report, prepared by ITIC (www.ITICnet.org) and Oxford Economics, provides an overview of the nature of the illicit trade of cigarettes across 11 selected Asian markets (including Australia), and establishes credible estimates of consumption of illicit cigarettes and the impact this has on tobacco tax revenue in each of the countries. Total consumption (legal and illicit) across the Asia-11 markets covered in this report totalled an estimated 736.4 billion cigarettes in 2012, of which 9% or 66.5 billion cigarettes are estimated to have been illicit. Illicit consumption of cigarettes resulted in a tax revenue loss for Asia-11 governments totalling US$ 3.4 billion in 2012.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
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Diantha Redd
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Aoife Pearson
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