Egypt to Increase Prices of 10 Cigarette Brands

Apr.11.2023
Egypt to Increase Prices of 10 Cigarette Brands
Egypt raises prices on 10 cigarette brands, including Merit, due to the rise in USD to EGP exchange rate.

The Egyptian Chamber of Commerce's tobacco department recently announced an increase in the prices of 10 cigarette brands, including the popular Egyptian brand Merit, starting from April 6th. These 10 brands are all products under the international tobacco company Philip Morris International (PMI).


PMI is one of Egypt's largest distributors of tobacco and cigarettes. The Tobacco Department of the Egyptian Chamber of Commerce attributed the price increase to the rise in the exchange rate between the US dollar and the Egyptian pound.


The head of the tobacco department of the Food Industry Association of the Egyptian Federation of Industries, Ibrahim Imbaby, stated that the increase in PMI prices was due to a decrease in hard currency management and a rise in production costs.


According to a report by 2FIRSTS, the state-owned Eastern Company in Egypt has announced a price increase of 2-3 Egyptian pounds (equivalent to 0.44-0.66 yuan) per pack for cigarettes, cigars, and pipe tobacco.


In September 2022, PMI subsidiary United Tobacco Company (UTC) began producing cigarettes in the Egyptian market, breaking the monopoly of the state-owned Eastern Tobacco Company over cigarette production in Egypt.


Further reading:


Egyptian cigarette prices have increased by 2-3 Egyptian pounds per pack.


Reference:


Prices of ten different types of cigarettes have been increased in Egypt.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

New Law in New South Wales, Australia: Selling Illegal E-cigarettes May Lead to Up to 7 Years in Prison and Over One Million Dollars in Fines
New Law in New South Wales, Australia: Selling Illegal E-cigarettes May Lead to Up to 7 Years in Prison and Over One Million Dollars in Fines
The New South Wales (NSW) government in Australia plans to introduce the strictest nationwide legislation to crack down on the sale of illegal tobacco and e-cigarette products. Offenders face fines of up to AUD 1.5 million (approximately $990,000) and imprisonment for up to 7 years.
Jul.28 by 2FIRSTS.ai
Products | "Pod Mod Surge" Accelerates Post-Disposable Ban as VOZOL Launches New Pod System in the UK
Products | "Pod Mod Surge" Accelerates Post-Disposable Ban as VOZOL Launches New Pod System in the UK
After the disposable vape ban took effect, updates to the pod category in the UK's MHRA database surged, showing that the market is rapidly pivoting to reusable pod systems. Against this backdrop, 2FIRSTS observed that VOZOL also recently launched a new pod product in the UK, which this article will examine in detail.
Aug.28 by 2FIRSTS.ai
Texas vaping bill to take effect in September, e-cigarettes and consumables with Chinese - made components will be banned
Texas vaping bill to take effect in September, e-cigarettes and consumables with Chinese - made components will be banned
A new Texas law that bans the sale of e-cigarettes containing ingredients manufactured in China will take effect on September 1. U.S. District Judge Keith Ellison rejected a request for a temporary restraining order from industry groups. The law also prohibits the sale of devices or packaging that could appeal to minors and products containing or marketed as containing cannabinoids, alcohol, and other substances. Violators will face up to one year in jail and fines of up to $4,000 per offense.
Aug.29 by 2FIRSTS.ai
United Kingdom | About £212,000 worth of illegal cigarettes and vapes seized in Preston, Lancashire
United Kingdom | About £212,000 worth of illegal cigarettes and vapes seized in Preston, Lancashire
Lancashire Police, working with Lancashire County Council’s Trading Standards, conducted an operation in the Brookfield area of Preston and seized 10,932 packs of cigarettes, 1,348 vapes, and 558 packs of hand-rolling tobacco. Based on genuine retail prices, the haul is valued at approximately £212,000. Police and local authorities are urging the public to report illegal tobacco and non-compliant vape sales.
Sep.04 by 2FIRSTS.ai
Smuggled e-cigarettes seized in Padang Besar, Malaysia, involving about $220,000
Smuggled e-cigarettes seized in Padang Besar, Malaysia, involving about $220,000
Smuggled e-cigarettes were seized in Padang Besar, Malaysia, with two suspects arrested. The seized e-cigarettes are valued at 916,000 ringgit (approximately $220,000).
Aug.11 by 2FIRSTS.ai
Malaysia’s Health Minister Datuk Seri Dr Dzulkefly: Nearly 44,500 Students Used Cigarettes or Vapes in 2024
Malaysia’s Health Minister Datuk Seri Dr Dzulkefly: Nearly 44,500 Students Used Cigarettes or Vapes in 2024
Malaysia’s Health Minister Datuk Seri Dr Dzulkefly Ahmad reported that 44,441 students—44,211 secondary and 230 primary—were identified as users of smoking products in 2024 through the Oral Health Without Smoking Practices Programme. The Health Ministry cited ongoing cessation support via 857 clinics and the JomQuit digital platform, with 4,916 adults successfully quitting after setting a quit date last year.
Sep.10