Circulation of Electric Cigarettes Interferes Djarum Production: http://www.liputan6.com/bisnis/read/3206700/peredaran-rokok-elektrik-ganggu-produksi-djarum/27 December 2017
Tobacco company owned by Hartono brothers, PT Djarum estimates a decline in cigarette production this year around 1.2 billion cigarettes or 2 percent of the production last year. One reason is because the circulation of electric cigarettes or vape. This was conveyed by Senior Production Manager Kretek Operations of Djarum, Slamet Rahardjo. However, Slamet has no data on the impact of electric cigarettes or vape to the sale of Djarum.
There are changes in people's lifestyles that switch from clove cigarettes and white cigarettes to electric cigarettes. Slamet supports the government's move to impose excise duty on electric cigarette liquid containing tobacco by 57 percent as of 1 July 2017.
World's Second-Largest Cigarette Market Raises Levy by 12.5%: https://www.bloomberg.com/news/articles/2020-12-10/indonesia-raises-cigarette-levy-by-12-5-to-boost-state-revenue/ 10 December 2020
Indonesia will raise the excise duty on cigarette products by an average of 12.5% as the country seeks higher earnings from the industry. The world's second-largest cigarette market, after China, boosted the levy as it seeks to earn 174 trillion rupiah ($12 billion) in state revenue from tobacco products in 2021, a 5% increase from this year's target. The industry accounts for a majority of the government's excise revenue. The higher levies are effective Feb. 1, 2021. Indonesia sets a different amount of levy on various types of cigarette, from machine- or hand-rolled as well as whether they contain cloves. The government hiked the duty by 23% this year.
Clove Cigarette Manufacturing in Indonesia
Indonesia Industry Report and Market Research
November 27, 2023
Industry Code : C3142
Forecast to : 2027
Definition
Clove Cigarette Manufacturing in Indonesia Manufacturing clove cigarettes that include clove flowers, leaves, stalks and fragrance.
Activities
The primary activities of firms in this industry are:
The Clove Cigarette Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.