Everything You Need To Know About The $661 Billion Tobacco Industry

cigarettes and coffee

[credit provider=”Juan Nosé via Flickr” url=”http://www.flickr.com/photos/ilo_oli/170984337″]

A few months ago Citi warned that smoking would virtually disappear by 2050.Despite this prediction, the bank has identified geographic regions where cigarette use is growing. Worldwide tobacco sales total an impressive $661 billion.

A few facts from Citi’s report include:

  • Cigarettes account for 91% of all tobacco sold in the world
  • People are smoking less in the EU, but Asia is referred to as “Where the growth is”

  • Latin America is described as a small market that is “”Regaining ground”

Following are charts and graphs outlining the world’s continuing tobacco use.

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[slide
permalink=”global-tobacco-sales-currently-total-661-billion-1″
title=”Global tobacco sales currently total $661 billion”
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image=”http://static.businessinsider.com/image/4dd519f1ccd1d55775020000″
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[slide
permalink=”but-numbers-of-smokers-are-going-down-in-most-parts-of-the-world-2″
title=”But numbers of smokers are going down in most parts of the world”
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image=”http://static.businessinsider.com/image/4dd51a07ccd1d55773130000″
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[slide
permalink=”a-spike-in-volume-in-2008-when-the-global-financial-crisis-swung-into-full-effect-but-an-over-2-drop-in-2010-3″
title=”A spike in volume in 2008 when the global financial crisis swung into full effect, but an over 2% drop in 2010″
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image=”http://static.businessinsider.com/image/4dd51a1d49e2ae2e45090000″
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[slide
permalink=”marlboro-continues-to-enjoy-strong-sales-and-recognition-4″
title=”Marlboro continues to enjoy strong sales and recognition”
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image=”http://static.businessinsider.com/image/4dd51a29cadcbb55660d0000″
caption=””
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]
[slide
permalink=”latin-america-saw-a-slight-increase-in-tobacco-use-in-2010-5″
title=”Latin America saw a slight increase in tobacco use in 2010″
content=””
image=”http://static.businessinsider.com/image/4dd51a38ccd1d5916f1f0000″
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[slide
permalink=”this-is-a-growth-region-as-only-17-of-brazils-population-used-tobacco-6″
title=”This is a growth region, as only 17% of Brazil’s population used tobacco”
content=””
image=”http://static.businessinsider.com/image/4dd51b45ccd1d55175100000″
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[slide
permalink=”europeans-continue-to-use-the-most-tobacco-7″
title=”Europeans continue to use the most tobacco”
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image=”http://static.businessinsider.com/image/4dd51a55ccd1d58e711a0000″
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[slide
permalink=”though-the-spanish-are-smoking-much-less-than-four-years-ago-8″
title=”Though the Spanish are smoking much less than four years ago”
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image=”http://static.businessinsider.com/image/4dd51afbccd1d54d75210000″
caption=””
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[slide
permalink=”americans-bought-122-billion-marlboros-last-year-9″
title=”Americans bought 122 billion Marlboros last year”
content=””
image=”http://static.businessinsider.com/image/4dd51f4eccd1d5157b0c0000″
caption=””
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]
[slide
permalink=”marlboro-claimed-50-of-cigarettes-sold-in-the-us-10″
title=”Marlboro claimed 50% of cigarettes sold in the U.S.”
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image=”http://static.businessinsider.com/image/4dd51b0c4bd7c89b021c0000″
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[slide
permalink=”tobacco-sales-havent-shown-a-year-over-year-growth-since-1995-11″
title=”Tobacco sales haven’t shown a year-over-year growth since 1995″
content=””
image=”http://static.businessinsider.com/image/4dd51b1bccd1d54d75250000″
caption=””
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]
[slide
permalink=”volume-in-the-eu-is-down-more-than-the-global-average-12″
title=”Volume in The EU is down more than the global average”
content=””
image=”http://static.businessinsider.com/image/4dd51b32cadcbb126c030000″
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]
[slide
permalink=”italians-and-germans-smoke-more-than-any-other-eu-country-13″
title=”Italians and Germans smoke more than any other EU country”
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image=”http://static.businessinsider.com/image/4dd51b3b49e2ae9a42250000″
caption=””
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]
[slide
permalink=”but-nowhere-near-the-40-of-russians-that-smoked-in-2009-14″
title=”But nowhere near the 40% of Russians that smoked in 2009″
content=””
image=”http://static.businessinsider.com/image/4dd51b4d4bd7c86504190000″
caption=””
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]
[slide
permalink=”us-sales-have-declined-due-in-part-to-increased-excise-taxes-15″
title=”U.S. Sales have declined due in part to increased excise taxes”
content=””
image=”http://static.businessinsider.com/image/4dd51b2649e2ae2e45110000″
caption=””
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]
[slide
permalink=”next-vice-16″
title=”Next vice…”
content=”How Americans Get Smashed On Liquor >
image=”http://static.businessinsider.com/image/4bc5feb57f8b9aaf34180500″
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