“In 2020, the tobacco products market, according to our estimates, grew by 80%”, but after the excise tax was increased by 320% from January 1, 2021, and subsequently the price grew, this indicator first slowed down a lot, reported Interfax-Ukraine. According to Philip Morris, the state budget receipts from the sale of tobacco products in the fourth quarter of 2021 will decrease by 60-70% compared to the same period in 2020.