Background In 2009, the China National Tobacco Company (CNTC) began their Premiumization Strategy, designed to encourage smokers to trade up to more expensive brands, mainly by promoting the concept that higher class cigarettes are better quality and less harmful. View more. Your free trial has expired. In May, it started a business exporting Chinese-made heat-not-burn tobacco devices, the document said. and over 1 Mio. View more. In 2018, the Chinese tobacco industry generated about 929 billion yuan of income from its main business. June 11, 2020. China is the world’s largest tobacco market by far. CNPC is engaged in hydrocarbon exploration and production operations in onshore and offshore areas in China and is authorized to cooperate with foreign oil companies to jointly explore and develop some blocks in China. industry and topic, so you don't miss any important news Profit from additional features by authenticating your Admin account. It had a turnover of $170 billion in 2012 -- more than tech giant Apple. You can share relevant news on your website, A missed opportunity: ITC could build India's digital, agri-business model. Get by Email • RSS. View more. A paid subscription is required for full access. CTI recorded revenue of US$651 million for the nine months ended in September 2019, a 21% drop from the same period last year, according to pre-listing documents issued January 2, 2019. facts. Accessed December 22, 2020. https://www.statista.com/statistics/877520/china-tobacco-industry-revenue/, CEIC. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Confronted with this, China has taken some measures to control tobacco. The date given is the date of data access. Tobacco Industry in China • The State Tobacco Monopoly Administration (STMA) and the China National Tobacco Corporation (CNTC) control the production of tobacco leaf and the manufacturing and advertising of cigarettes. Join millions of professionals in business, industry, and government who The higher volume in illicit tobacco sales also has a negative effect on public health as the quality of counterfeit tobacco products is questionable. Get free company information, or buy a full company report from the Orbis Directory from Bureau van Dijk China National Tobacco Corporation (CNTC)is a state owned Chinese company and the biggest cigarette corporation of the world. Smoking in China is prevalent, as the People's Republic of China is the world's largest consumer and producer of tobacco: there are 350 million Chinese smokers, and China produces 42% of the world's cigarettes. Tobacco Sales Bans are No Good. Get an unlimited news experience This statistic depicts the revenue of the tobacco products market in 2019, by country. The industry lynchpin is China National Tobacco Corp., a state-owned monopoly that makes more than one-third of the world's cigarettes, and produces 43% of tobacco … China is facing a serious public health problem in active and passive smokers. China National Tobacco Revenue News Monitoring. It enjoys a virtual monopolyin China, which accounts for roughly 40% of the world'… Sonic Foundry Announces Fiscal 2020 Fourth Quarter and Fiscal 2020 Financial Results - Third Consecutive Quarter of Net ... Mission Produce to Release Fiscal Fourth Quarter and Full Year 2020 Financial Results on Tuesday, January 19, 2021, Northrop Grumman Announces Webcast, Conference Call of Fourth Quarter and 2020 Financial Results. The company’s upbeat forecast comes as smoking-related … Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of June 2020). The China National Tobacco Corp., which serves China’s 300 million smokers, is by far the largest cigarette maker in the world. Please create an employee account to be able to mark statistics as favorites. China is a high-burden tobacco-use country implementing several of the best buy ... China does not yet have a national smoke-free law, but the new Beijing smoke-free law which came into effect on 1 June 2015 is the strongest subnational tobacco control regulation adopted in the country to date. CEIC. Values have been rounded. It's a one-stop destination for all your alerts and feeds. Revenue of the cosmetic industry in the U.S. Value of the leading 10 textile exporters worldwide, Vegetable oils: global consumption by oil type 2013/14 to 2019/2020, Cocoa bean production worldwide 2018/19 & 2019/20, by country, World coffee per capita consumption: major consumer countries, Cosmetics Industry in the U.S. - Statistics & Facts, Profit from additional features with an Employee Account. (June 11, 2020). or live RSS feed. from the world's leading source We are similar to Google News but focus on news tracking by country, Published on Oct 21, 2020. You only have access to basic statistics. check in with us to start right now. ok We use cookies on our website to allow you the best possible service. More details about this company like involved buildings and projects are recorded here. you time and money. And so easy to use. The source does not provide a release date. 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China National Tobacco Corporation, the state-owned firm that has a near-monopoly on the market, is by far the world's largest cigarette company, producing three times as many as its nearest rival, Philip Morris of the US. China National Tobacco plans to list its international unit on the Hong Kong stock exchange In 2017, China National Tobacco had sales of 47.4 million crates, up 0.8 per cent from 2016. Chart. Then you can access your favorite statistics via the star in the header. • TheMonopolyproduced1.7trillioncigarettesin 2005, generating tax … In 2018, it donated over $45 million to multiple Charity Federations of the municipal and provincial level, including a $3.02 million donation to Wuxiang, Shanxi for constructing Migration Village, and a $3.1 million donation to Xiamen Foundation for Disabled Persons for charitable activities. It had a gross profit margin of 5.8%, down from 6.5% a year earlier. Latest News. The China National Tobacco Corporation (CNTC) is the largest cigarette producer in the world, with domestic and export sales totaling 2,589.08 billion pieces in 2015, approximately two and a half times that of the world's leading multinational tobacco companies, Philip Morris International and British American Tobacco. The government, too, has a toxic dependence. You need at least a Single Account to use this feature. By China National Tobacco Corporation. Read more This statistic is not included in your account. In 2000, the China National Tobacco Corporation (CNTC), the state-owned tobacco monopoly, sold 76.92 billion packs of cigarettes 3; by 2014, the number had grown … User Agreement. Then you will be able to mark statistics as favourites and use personal statistics alerts. Roughly 2.4 trillion cigarettes were sold in the country last year, almost all of them made by China National Tobacco, or CNTC. India- Global Cigarette Market 2019: Key Players, Demand, Trends, Sale, Supply, Segmentation, Opportunities Forecast To ... Cryptocurrency kidnappings on rise worldwide, World’s Biggest Tobacco Seller Eyes an IPO Spinoff, China Tobacco’s IPO Will Be Far From Smoking Hot, World's Largest Cigarette Maker Plans IPO for Its International Business, The largest cigarette company in the world is planning IPO. Tobacco manufacturing market value in the U.S. 2010-2020, Net revenue of Philip Morris International worldwide 2010-2019, Global cigarette retail volume by country 2018, Global revenue of British American Tobacco 2013-2019. "Income from a main business of the tobacco industry in China from 2008 to 2018 (in billion yuan)." Imperial Tobacco (Figure 3).3 China National Tobacco Corporation (CNTC) is owned and operated by the Chinese government and is the world’s single largest producer of cigarettes with 43.6% of the global market.3 CNTC sells the majority of its product in China; around 1 % of cigarettes produced China Tobacco’s stranglehold on the Chinese market — research company Euromonitor puts its share at 97 per cent — means its contribution to government’s revenues is hefty. In, CEIC. More information can be found here. China National Tobacco Corporation is a consumer product company based in Beijing. Please authenticate by going to "My account" → "Administration". Check out our short video and New, Everything you need to know about the industry development, Find studies from all around the internet. Millions of professionals find us an indispensable source for This feature is limited to our corporate solutions. "Income from a Main Business of The Tobacco Industry in China from 2008 to 2018 (in Billion Yuan). Haymaker Acquisition Corp. II, ARKO Holdings Ltd. and GPM Investments, LLC Close Business Combination under New Company ... South Mountain Merger Corp. for company news. Income from a main business of the tobacco industry in China from 2008 to 2018 (in billion yuan) [Graph]. Basic accounts are FREE. In 2013 it manufactured about 2.5 trillion cigarettes. In May, it started a business exporting Chinese-made heat-not-burn tobacco devices. However, this information has not been surveyed at academic level. Our aim is to investigate information relating to tobacco controls in China. As soon as this statistic is updated, you will immediately be notified via e-mail. “CNTC” China National Tobacco Corporation* (中國煙草總公司), an enterprise incorporated in the PRC and the ultimate controlling shareholder of the Company; ... Revenue for the Year reached HK$8,976.95 million, representing an increase of HK$1,944.28 million or We scan thousands of news sites, so you don't have to, saving that affects your company, organization or interest. China National Tobacco Corporation (China Tobacco) is a State Owned Enterprise located in Beijing China, Asia. Manage your media monitoring in one secure location. China National Tobacco Corporation is a company. British American Tobacco has less than 1 per cent of the market. By comparison, Philip Morris International, its … The China National Tobacco Corporation (CNTC) is the largest cigarette producer in the world, with domestic and export sales totaling 2,492 billion pieces in 2012, approximately two and a half times that of the world's leading multinational tobacco companies, Philip Morris International and British American Tobacco.. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Learn more about how Statista can support your business. The China National Tobacco Corporation, a state monopoly, sells 98 per cent of all cigarettes in China. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook State Tobacco Monopoly Administration (Chinese: 国家烟草专卖局) and China National Tobacco Corporation (commonly known as China Tobacco, abbreviated as CNTC) (Chinese: 中国烟草总公司; pinyin: Zhōngguó Yāncǎo Zǒnggōngsī) is a Chinese government agency responsible for tobacco regulation and a state-owned manufacturer of tobacco products, operated by the Ministry of Industry and Information Technology of China. You can only download this statistic as a Premium user. 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New, Figures and insights about the advertising and media world, Industry Outlook ", CEIC, Income from a main business of the tobacco industry in China from 2008 to 2018 (in billion yuan) Statista, https://www.statista.com/statistics/877520/china-tobacco-industry-revenue/ (last visited December 22, 2020), Income from a main business of the tobacco industry in China from 2008 to 2018, Revenue of the cigarettes market worldwide by country 2019, Global cigarette market share from 2014 to 2018, by company, Cigarettes sold in the United States 2001-2018, Change in cigarettes sold in the United States 2001-2018, Cigarette share of in store sales in the U.S. from 2015 to 2019, Top U.S. cigarette export partners in 2018, Top U.S. cigarette import partners in 2018, Global revenue of Imperial Brands 2015-2019, Dollar sales change of cigarettes in U.S. C-stores in 2018, by type, Cigarette share in the United States in 2018, by length, Menthol cigarette share in the United States 2001-2018, U.S. dollar sales of cigarettes in 2019, by channel, Unit sales share of cigarettes in the United States in 2019, by channel, Americans who smoke cigarettes in 2018, by age, U.S. adults who preferred cigarettes or vaping as of 2018, by age, U.S. adults who preferred cigarettes or vaping as of 2018, by generation, U.S. adults who preferred cigarettes or vaping as of 2018, by gender, Tobacco industry company number in China 2012-2018, Tobacco industry unprofitable company number in China 2012-2017, Tobacco industry profit in China 2013-2018, Revenue from cigarette sales in China 2011-2017, Annual growth in the revenue of cigarette sales in China 2011-2017, E-cigarette sales share in the cigarette market South Korea 2017-2019, Profit & tax from tobacco industry in China 2013-2018, Sales volume of cigarette packs in China 2011-2017, Mexico: sales volume of Philip Morris cigars 2011-2017, Brands of cigarettes smoked in Sweden 2018, Brands of cigarettes smoked in Poland 2018, Income from a main business of the tobacco industry in China from 2008 to 2018 (in billion yuan), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 1 Mio Beijing China, Asia additional features by authenticating your Admin account information relating to tobacco controls China... 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