In recent years, Uruguay has benefited from a stable economy and was able to remain strong despite the economic crisis faced by its neighbour Argentina. In fact, Uruguay’s economy posted positive growth in 2023 in a context in which its neighbour and commercial partner witnessed significant and serious economic turmoil.
One of the most pressing and major issues faced by industry players, including tobacco producers, importers, distributors and retailers, has been in dealing with illicit trade of cigarettes. Although it is not a new problem, the smuggling of low-priced brands from Paraguay continued expanding over the review period.
As of 2023, cigarettes accounted for the vast majority of the total tobacco market value sales in Uruguay. Hence, Cía Industrial de Tabacos Monte Paz, the only company to produce locally and which is the absolute leader in cigarettes, is the main player in this industry.
As of 2023, small local grocers, including kiosks, was the most important distribution channel for cigarettes in Uruguay. There are thousands of these stores across the country, including large, medium and small cities, as well as small villages.
The pursuit of healthier habits will continue expanding in Uruguay over the forecast period, especially among younger generations. In line with this trend, smoking prevalence is expected to continue falling.
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Tobacco
Passport Tobacco covers the seven major tobacco categories: Cigarettes, Cigars & Cigarillos, Smoking tobacco (made up of Pipe tobacco and RYO tobacco), Smokeless Tobacco (snuff and chewing tobacco), E-Vapour Products (closed and open); Heated Tobacco; and Tobacco Free Oral Nicotine. Smoking paraphernalia such as pipes, rolling papers, lighters or matches, etc., are not included, nor are nicotine replacement therapy (NRT) products, which are part of Euromonitor's Passport Consumer Healthcare database.
See All of Our DefinitionsThis report originates from Passport, our Tobacco research and analysis database.
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