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Brand choice creates some variability, from around 12 for the cheapest budget lines to 18 or more for premium products, but the underlying tax structure means no brand offers genuinely affordable access to cigarettes for regular smokers

The tobacco industry has been one of the most lucrative long-term investments in the stock market, but it has also drawn huge amounts of controversy

The 2018 China GATS reported that only 20% of current/former smokers made at least one quit attempt in the past 12 months, and only 16% of current smokers planned to quit or thought about quitting in the next 12 months in China 14

Its hard to quantify but guesstimates are ok

While many European countries follow standard EU duty-free rules, others, like Australia, Turkey, and the UAE, have unique regulations worth noting