According to recent reports from French media, tobacco prices are expected to increase by as much as 1.50 euros by 2024. Retailers have expressed deep concerns over the regulated prices of hand-rolled and heated tobacco, fearing that such price hikes will further fuel rampant illicit trade.
According to reports, tobacco retailers are expecting a 40 to 50 euro cent increase in cigarette prices on January 1, 2024, as tobacco taxes are currently linked to inflation levels. In 2023, the tax department implemented a new tax system for previously low-tax products such as hand-rolled cigarettes and heat-not-burn cigarettes. Most tobacco manufacturers have stated that prices will be raised by 50 euro cents to account for the impact of inflation, but some companies have taken a more aggressive approach. For example, Philip Morris International (PMI) has announced that their Marlboro products will see a minimum increase of 1 euro, according to a document released by customs on Tuesday.
"This price adjustment exploits the consumers of hand-rolled and heated cigarettes, most of whom are living in poverty," lamented the Tobacco Distributors Association. "We were aware that prices would increase, and the adjustments in the prices of hand-rolled and heated cigarettes were inevitable. However, the situation has now exceeded our expectations, and the drastic price increase is likely to drive consumers towards the illegal market," expressed the Tobacco Distributors Association.
The French government's new anti-smoking plan, proposed at the end of November last year, predicts that by early 2027, the minimum price for a pack of 20 cigarettes will gradually increase to 13 euros, with the first step being an increase to 12 euros in 2025.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
