Tobacco smuggling: the canary in the cal mine of organised crime
In the year 2013, according to the Tobacco industry’s figures ,58.6 billion of illicit cigarettes were that means these huge majority of these cigarettes is smuggled. Only 5.8% of consumed illicit cigarettes are counterfeit, the rest is contraband (including the so called “Illicit Whites”). On top of the consumed illicit cigarettes, around 4 billion of illicit cigarettes are seized each year. The consumed illicit cigarettes make up for around 10.5% of overall consumption in the EU, which is at around 560 billion cigarettes per year. In the European Union, every year around 12.9 billion Euros of turnover with illicit cigarettes. Usually, tobacco manufacturers have high profit margins at around 40% of turnover (or higher). Hence, the European cigarette smokers (conservatively estimated) finance smugglers and counterfeiters of cigarettes with around 5 billion Euros each year.
http://www.neurope.eu/blog/tobacco-smuggling-the-canary-in-the-coal-mine-of-organized-crime/
Related Posts
Man tries to smuggle gold in kitchen utensils, nabbed
Bengaluru: Gold smuggling from the Gulf and innovation go hand in hand. Late last...
Icann, Regulators Clash Over Illegal Online Drug Sales
FDA, Interpol Want Internet Gatekeeper to Take Action Against Suspicious...
Dubai nabs fake shipment of Unilever’s Vaseline
Customs in Dubai have intercepted a shipment of 17,280 counterfeit packs of...
Dangers posed by fake pesticides
ISLAMABAD: It is a great tragedy that fake products and documents have made their...


