News

Danish tobacco prices have risen the least in Europe since 1998

The average price in the EU has tripled over the past 20 years … but Denmark isn’t in a position to take credit

Since 1998, the average price of tobacco in the EU has tripled, according to a new report from the national statistics keeper Danmarks Statistik.

But it’s not much thanks to Denmark, where the price has only increased by about 65 percent. 

In fact, from 1998-2009 and 2014-2019, prices remained relatively unchanged.

The price of food, clothing, transport and other consumer goods, meanwhile, has increased more than tobacco in Denmark since 1998.

READ ALSO: Tobacco giant hopes to smoke competition in price war

Huge dip in expenditure 
The opposite trend has been seen in a number of countries in Europe, including Norway, Iceland, the UK, Ireland and France.

In several other countries, such as Finland, Sweden, the Netherlands and Germany, the difference between the rise in tobacco prices and other consumer goods is more balanced.

Only in Switzerland has the difference been akin to that of Denmark.

The report also found that the Danish consumption of tobacco, measured in kroner, has fallen by 20 percent over the past 20 years.

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