Rising Tobacco Prices and Regulations in Lithuania

Dec.13.2022

Rising Tobacco Prices and Regulations in Lithuania

Lithuania's tobacco prices set to rise in 2023 due to increases in consumer taxes and tighter restrictions on tobacco products.

In 2023, tobacco products prices in Lithuania are expected to increase.

In 2021, an amendment to the Consumption Tax Law was passed, which is expected to result in an increase in the consumption tax rate between 2022 and 2024.

As explained to 15min by the Ministry of Finance, the average price of a pack of cigarettes (20 cigarettes) may increase by approximately €0.18 due to tax factors in the coming years. The average prices for 20g of small cigars or cigars may increase by around €0.31, while 20g of smoking tobacco may increase by about €0.18. Furthermore, the tobacco market in Lithuania will face greater restrictions in the near future. As announced, on November 24th, Seimas will legalize shops or departments specifically for smokers, including e-cigarettes. These establishments will begin operating in 2025, and regular shops will no longer be able to openly display smoking accessories.

On Thursday, members of Congress passed the revised Tobacco, Tobacco-Related Products and Associated Products Control Law of 2019. Of the 74 participating members, 44 voted in favor, 13 opposed, and 17 abstained. The amendment states that tobacco shops can only sell tobacco products and related goods, but must refrain from displaying them in external showcases. Other stores will be prohibited from publicly showcasing such products, permitting only the display of the smoker's name and the packaging or the package's price.

2FIRSTS will continue to track and report on this issue. Further updates will be available on the "2FIRSTSAPP". Scan the QR code below to download the app.

#Asia #Market #China #Disposable e-cigarettes #Lithuania

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