Key Market Indicators
Iceland is set to have one of the lowest rates of daily smoking among persons aged 15 and above by 2026. According to a recent study, the percentage of daily smokers in the country will drop from 6.7% in 2021 to 3.6% in 2026. This is a decrease of 10.6 points compared to the year-on-year CAGR. Since 1992, the demand for tobacco in Iceland has decreased by 8.1 points year on year. Iceland currently stands at number 36 in the rankings, with Norway overtaking it at 6.7%. Russia, Greece and Hungary are respectively ranked numbers 2, 3 and 4.
