Hany Aman, CEO of the Eastern Tobacco Company said that the increase in cigarettes prices will be applied to all types of cigarettes manufactured in Egypt and imported on July 1.
Aman added that the increase that has been planned for a long time, since the health insurance law was issued 3 years ago.
He continued, "These increases will be on all packs of domestic and imported cigarettes alike," noting that another increase will take place, which is 25 piastres according to the value-added tax (VAT).
He pointing out that the total increase on local and imported cigarette packs will be 50 piastres pided as follows: 25 piastres in the health insurance tax law and 25 piastres in VAT.
The tobacco industry in Egypt is dominated by the Eastern Tobacco Company; however, since the cultivation of tobacco is prohibited in Egypt the manufacturer must rely entirely on imported tobacco. The number of adults smoking tobacco products in Egypt continues to rise, some suggest by as much as four to five percent annually.
The use of tobacco products in Egypt is widespread. It is estimated that approximately twenty percent of the population uses tobacco products daily. Cigarettes are the most common form of tobacco consumption in Egypt, with an estimated twenty billion cigarettes smoked annually in the country.
After cigarettes, shisha water-pipes are the most common form of tobacco consumption. Many Egyptians are not fully aware of the health risks of using a water-pipe and many believe it to be less harmful than cigarettes.
Meantime, new types of cigarettes spread in markets, including e-cigarettes or vapes.
According to the World Health Organization, there has been a small but steady decrease in the estimated number of smokers globally, to just over one billion.
The e-cigarette market is expanding, as the number of vapers rises. The global market is now estimated to be worth $19.3 billion - up from $6.9 billion just five years ago. The United States, United Kingdom and France are the biggest markets. Vapers in the three countries spent more than $10 billion on smokeless tobacco and vaping products in 2018.
Find out about cigarette prices after the increase
The price of Marlboro cigarettes of all kinds will be priced at 44.50 pounds starting July 1, while the price of Merit cigarettes of all kinds will be priced at 48.50 pounds.
The price of LM will increase to 33.50 pounds, while the Marlboro Crafted will be set at 36.50 pounds.
Dunhill's price will be set at 44.50 pounds, while Kent will increase to 38.50 pounds, and Rothmans will be priced at 32.50 pounds.
Lucky Strike: 32.50 pounds
Pall Mall: 27.50 pounds
Camel: 37.50 pounds
Winston: 30.50 pounds
LD: 27.50 pounds
Cleopatra King Size: 17 pounds
Cleopatra box: 18.50 pounds
Cleopatra Soft: 17.50 pounds
Boston/Belmont: 18 pounds
Mundial: 19 pounds
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