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Illicit cigarette market said to shrink below 11%

Food

The share of Hungary’s black market for cigarettes has fallen to 10.7% from 12.1% in the past year, daily Magyar Idők said yesterday, citing data from market researcher GfK. 

About half a percent of those were counterfeit cigarettes and the rest were smuggled, mainly from other countries in Eastern Europe, according to the data, which is based on a survey conducted by recording discarded packaging.

Hungarian authorities have seized 70 tonnes of tobacco and 47 million cigarettes so far this year, Magyar Idők said. The paper noted that Hungarians now roll about 55% of the cigarettes they smoke, taking advantage of the lower tax rate on loose leaf tobacco.

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