Food & Beverages

Tobacco Company Profile - NKGTC

  • CAN783107
  • 18 Pages
  • November 2016
  • Food & Beverages
Summary
North Korean General Tobacco Corporation (NKGTC) is the state-owned tobacco monopoly organization. It has traditionally dominated the cigarette market in the Democratic People's Republic of Korea (North Korea), which was created in 1948 after the Korean War. As of 2015, its share had fallen to 43% with the Jilin joint venture companies having market leadership with 50%.

Key Findings
- The ban on the legitimate import of cigarettes, which was imposed by the country in 2014, effectively means the market is closed to foreign manufacturers unless they are involved with local joint ventures.

- There are three major cigarette factories operated by the NKGTC, although the company is also understood to operate a number of others around the country.

- Few details are known of North Korean cigarette manufacturing capacity, although production levels are reported to have risen to between 25 and 30 billion pieces per year.

Synopsis
Tobacco Company Profile - NKGTC is an analytical company report by Canadean that provides extensive and highly detailed current and future market trends in the cigarette market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption.

Reasons To Buy
- Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning.

- The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes - prime intelligence for marketers.

- Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.

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