Kosovo's tobacco imports hit record high

Kosovo's tobacco imports hit record high

Business

Kosovo ranks as the poorest country in Europe, yet millions of euros are being spent on tobacco consumption. According to statistics from the Kosovo Customs, in 2024, Kosovo saw an increase in the value of tobacco imports as a luxury product.

The value of tobacco imports exceeds 125 million euros in 2024, a rise of over 6 million euros compared to 2023, which was over 119 million euros, CE Report quotes Kosova Press.

"In 2024, Kosovo imported a total of 125 million, 244 thousand, and 175 euros worth of tobacco, while in 2023 this figure was 119 million, 170 thousand, and 767 euros," according to Kosovo Customs statistics.

In terms of tobacco import quantity, in 2024 Kosovo imported approximately 4,150 tons, compared to 4,187 tons in 2023.

Meanwhile, according to the Kosovo Agency of Statistics, the price of this product increased by 1.4% in December 2024 compared to the same period in the previous year, i.e., December 2023.

Despite the negative health effects, the citizens of Kosovo continue to indulge in tobacco use. On the other hand, the World Health Organization reports high figures of deaths caused by tobacco use worldwide.

Tags

Related articles

Starbucks Reports 4% Drop in Global Sales for Q1 FY2025
US coffee giant Starbucks saw a 4% decline in global sales during the October-December 2024 period, according to its Q1 FY2025 results released Tuesday.
Chisinau and Marculesti Airports to Merge in Ambitious Development Project
The Public Property Agency (PPA), founder of Chisinau International Airport (CIA) and Marculesti International Airport, has announced a major merger and development initiative for the two state enterprises.
Moldova’s Chamber of Commerce and Industry to Organize 55 Exhibitions in 2025
The Chamber of Commerce and Industry (CCI) of Moldova has announced plans to organize 55 exhibitions and fairs in 2025, including 50 national and regional events and five international exhibitions titled Moldova Presents in Romania.
Deadline Extended for Bids on High-Performance Power Plants in Chisinau
The deadline for bids in the international tender to build two high-efficiency heating power plants (CET) in Chisinau has been extended to 21 February at the request of bidders.
State Budget Surplus Exceeds Targets in 2024
The Greek state budget achieved a primary surplus of €8.7 billion in 2024, significantly surpassing the target of €4.635 billion and the €3.92 billion surplus recorded in 2023, according to final data from the finance ministry.
Fed Unlikely to Cut Rates Amid Inflation Concerns Linked to Trump’s Policies
The Federal Reserve may delay interest rate cuts or even consider hikes as inflationary pressures rise due to President Donald Trump’s economic policies, despite strong macroeconomic indicators, according to experts.
Anticipated Electricity Demand Increase on January 27
Electricity consumption on the right bank of the Dniester River is expected to rise by 17% on January 27 compared to the previous day, though it remains 3% lower than a typical winter day.
Wholesale Fruit Prices Rise in Bulgaria, Tangerines and Apples Lead the Increase
The wholesale price of fruit in Bulgaria rose during the week ending January 24, according to data from the State Commission for Commodity Exchanges and Wholesale Markets.
Winter Sales Continue Amid Optimistic Retail Expectations
Stores will be open this Sunday for winter sales from 11:00 to 18:00, though participation is optional for store owners. Supermarkets will remain closed.