Tobacco.org

Swedish Match says snuff hoarding half of last year's  

Tobacco products firm Swedish Match said on Thursday Swedes probably hoarded half as much snuff ahead of a tax rise in January as they did ahead of a year-earlier one.

A Swedish excise snuff tax rise at the start of 2007 led to distorted buying patterns for the firm's most profitable product segment. Snuff is a wet tobacco sold loose or in pouches and placed under the upper lip.

Consumers stocked up before the hike and stayed away from the shops in the following months, sending sales volumes up at the end of 2006, but down at the beginning of 2007.

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