Philip Morris International Inc. (PMI) Tobacco Company in 2018 reduced cigarette shipments in Ukraine by 8.8% from due to a decline in the overall market, which was partially offset by an increase in the total market share of heated tobacco products. The total volume of the cigarette market in Ukraine in 2018 decreased by 8.1% mainly due to an impact of rising prices and an increase in illegal trade, PMI said in an annual report. According to the company, the total volume of the cigarette market in Ukraine decreased by 8.7% in the fourth quarter of 2018 alone. Shipments of PMI cigarettes in October-December decreased by 10.4%.
Philip Morris International is one of the world’s largest manufacturers of tobacco products. It produces cigarettes in more than 50 factories, sells them in 180 countries.
In Ukraine, it has been working for more than 20 years. Its production facilities are based in Kharkiv region.
