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This statistic highlights Philip Morris’ Shipment Volume Breakdown by region, split between East Asia & Australia, Eastern Europe, European Union, Latin America & Canada, Middle East & Africa, and South & Southeast Asia, reported annually from 2013 onwards.
The following table highlights Philip Morris’ shipment volume breakdown for the years 2018, 2019, and 2020.
Shipment Volume by Region | 2018 | 2019 | 2020 | Contribution in 2020 |
East Asia & Australia | $83.03 | $80.63 | $78.96 | 11.21% |
Eastern Europe | $113.70 | $114.10 | $114.36 | 16.23% |
European Union | $185.60 | $186.89 | $183.26 | 26.01% |
Latin America & Canada | $80.89 | $72.59 | $64.20 | 9.11% |
Middle East & Africa | $140.01 | $137.22 | $119.02 | 16.89% |
South & Southeast Asia | $178.47 | $174.93 | $144.82 | 20.55% |
Total | $781.70 | $766.36 | $704.62 | 100.00% |
(All figures in billions, except percentages)
The total shipment volume of Philip Morris International Inc. (PMI) fell from $766.36 billion in 2019 to $704.62 billion in 2020, marking an 8.1% decrease on a year-on-year basis. Most of the shipments forged by the company came from the European Union amounting to $183.26 billion in 2020.
East Asia & Australia
Total shipment volume of this region decreased by 2.1%, from $80.63 billion in 2019 to $78.96 billion in 2020, mainly due to:
Eastern Europe
The total shipment volume of this region increased by 0.23% amounting to $114.36 billion in 2020 compared with $114.1 billion in 2019, mainly due to:
European Union
The total shipment volume of this region decreased by 1.9% to $183.26 billion in 2020. The reason being:
Latin America & Canada
The total shipment volume of this region fell by 11.6%, from $72.59 billion in 2019 to $64.2 billion in 2020, notably due to:
Middle East & Africa
The total shipment volume of this region fell by 13.3% to $119 billion in 2020. The main reasons are:
South & Southeast Asia
The total shipment volume of this region decreased by 17.2% to $144.8 billion in 2020. This is because of:
About the Company
Philip Morris International Inc. is a holding company founded in Virginia, U.S. in 1987. It is a leading multinational tobacco manufacturing company dealing in cigarettes and smoke-free products. It was ranked 101 in the 2021 Fortune 500 list of the largest corporations by total revenue. The company sells its products in more than 180 countries and has over 71,000 employees. Some of the primary competitors of PMI include British American Tobacco Plc, Altria Group Inc, Vector Group Ltd, and Universal Corp.
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