The collapse of tourism causes a 40% drop in cigarette sales linked to the sector

- Advertisement -

The collapse of tourism derived from the pandemic has caused a drop in cigarette sales related to the sector of 40%. That is in areas closely linked to tourist activity and which this summer have suffered a drop in visitor arrivals Foreign sales have been cut almost in half.

This was stated today by  Agueda Garcia-Agullo, president and general director of the Tobacco Board, during the presentation of the annual report on the situation of the sector. Throughout the pandemic, this has always been considered an essential activity. Even during the harshest months of the first wave, during confinement, the tobacconists were, along with the supermarkets, the only shops that could remain open.

- Advertisement -

Despite this, in the areas that this summer have been empty of tourists due to the impact of the pandemic (Balearic Islands or Canary Islands, for example), cigarette sales have suffered a drop. Less visitors, less activity.

In the Balearic Islands, for example, according to the sales data for the month of October, the decrease was 40%, five times more than that which occurred in all of Spain, which registered an average fall of 8, 8%.

- Advertisement -

“The decrease in tourism has led to a 40% decrease in sales related to it. Also because of the change in habits”Garcia-Agulló has pointed out.

The CEOE president, Antonio Garamendi, who participated in the presentation, highlighted the contribution of the tobacco sector to the Spanish economy: it generates 43,000 jobs and a tax contribution of more than 9,000 million euros per year. It is the fifth largest taxpayer in the state.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Related Articles