Egypt Eastern Company raises cigarette prices by EGP 2-8 per pack

Ahram Online , Friday 16 Feb 2024

Egypt’s largest tobacco producer Eastern Company will increase cigarette prices by EGP 2-8 starting Saturday, Ahram Arabic news gate reported on Friday.

Packs of Eastern Company's Cleopatra cigarette brand. Al-Ahram


This marks the company’s second price hike in three months.

As per the new prices, the company’s most affordable brand, Cleopatra, will be officially priced at EGP 30 instead of EGP 27 for a pack of 20 cigarettes.

This applies to all Cleopatra packs, including Cleopatra Box (20) Soft Queen, King Size, and other brands like Boston, Belmont, and Mondial.

Additionally, a pack of Cleopatra Box containing 10 cigarettes will be sold for EGP 22 instead of EGP 20. The prices of Viceroy and Pall Mall cigarettes will increase from EGP 42 to EGP 50 per pack.

Over the past decade, Cleopatra-produced cigarettes have more than tripled, though they remain an option for lower-income smokers. 

The actual price paid by consumers at retailers can be even higher.

Earlier this month, Philip Morris Egypt raised prices of traditional cigarettes, including Marlboro, Merit, and L&M brands by EGP 9-11. It also increased the prices of other tobacco products.

Cigarette prices have increased multiple times over the past year in Egypt amid the decreasing value of the Egyptian pound against the US dollar.

Approximately 18 million Egyptians are smokers out of a population of nearly 105 million, according to recent official data.

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