china cigarette price increase january 2026 prices in are rising 40% China E-cigarette and Vape Market
China E cigarette and Vape Market Insights Forecasts to 2035 While cigarette sales have fallen across much of the world, China has moved in the opposite direction. The 2.4 trillion cigarettes sold in China each year account for nearly half the global cigarette prices in are rising 40% Finance Minister Amir Khasru Mahmud Chowdhury told parliament on Tuesday that cigarette prices and tax rates will remain unchanged in the proposed budget for fiscal year 2026 27. He made the disclosure during Tobacco Prices Q1 2026: Trends, Chart & Forecast Prime Minister Lawrence Wong announced a 20 per cent increase in tobacco excise duty, across all tobacco products, in his Budget Speech of 2026. This will take place with effect from today (Feb. 12, 2026).
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