Tobacco Product Prices to Increase by 12% in 2025 The annual consumption of cigarettes in Egypt is currently estimated at 85 billion cigarettes. Tobacco prices will rise in April 2025 as per the VAT Law passed in November 2023, which stipulates a 12% annual increase. The Eastern Tobacco Company has recently announced that its local cigarette product prices have increased by 22 piastres, which follows Law No. 2 of 2018, which stipulates an increase of up to 25 piastres on tobacco products every three years until it has reached an EGP 1.5 total increase. This increase is mandated by the Health Insurance Law. Cigarette prices have been negatively impacted by recent geopolitical tensions which h... [Read more]