Table 3

Affordability and demand trend for some of the most common cigarette brands in Taiwan from 2011 to 2016

CompanyBrandNominal retail price ($NT)*Real retail price ($NT)*RIP*RIP change (%)Demand (millions of packs)*Demand change (%)AEDPrice segment
TTL Ace55 to 5555.0 to 52.30.89 to 0.75−16. 8%24.77 to 28.5514.16%−0.84Economy
TTL New Paradise55 to 5555.0 to 52.30.89 to 0.75−16.8%26.13 to 35.0329.08%−1.73
BAT Pall Mall55 to 6055.0 to 57.10.89 to 0.82−8.16%32.22 to 56.9255.43%−6.80
TTL Long Life60 to 6060.0 to 57.10.97 to 0.82−16.8%160.66 to 120.71−28.40%1.69
TTL Gentle70 to 7070.0 to 66.61.13 to 0.96−16.8%251.54 to 228.53−9.59%0.57Premium
JT Winston70 to 7070.0 to 66.61.13 to 0.96−16.8%19.04 to 70.86115.27%−6.85
BAT Dunhill75 to 9575.0 to 90.41.22 to 1.36.8%88.04 to 72.69−19.11%−2.82
PMI Marlboro75 to 9575.0 to 90.41.22 to 1.36.8%45.99 to 38.8−16.95%−2.50
JT Mevius80 to 9580.0 to 90.41.3 to 1.30.3%510.06 to 407.73−22.30%−68.86
IB Davidoff85 to 9585.0 to 90.41.38 to 1.3−5.7%184.77 to 121.97−40.94%7.14
JT Mi-Ne95 to 12095.0 to 114.21.54 to 1.646.5%69.78 to 63.41−9.57%−1.47
  • Figures are rounded to one or two decimal places.

  • *2011–2016.

  • AED, affordability elasticity of demand; BAT, British American Tobacco; IB, Imperial Brands; JT, Japan Tobacco; PMI, Philip Morris International; RIP, relative income price; TTL, Taiwan Tobacco and Liquor Corporation.