Tobacco products to get more expensive in Hungary due to tax changes

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As of 1 February, the price of alternative products substituting cigarettes, known as heated tobacco products, will increase significantly. These products have so far not been subject to excise duty. This will change from Wednesday.

In addition, the price of conventional cigarettes may also rise, as the European Commission has drafted a proposal to increase the excise duty on them, vg.hu points out. This means that within a few months, all products may show an increase in price in tobacco shops.

Here is how prices may change in Hungarian tobacco shops

Vg.hu asked Ádám Fischer, cooperating partner of the Niveus Consulting Group, how the price of heated tobacco products might change. In his answer, he explained that currently, the excise duty of HUF 35 is charged per cigarette. Given this fact, it can be calculated that, for example, a packet of 20 cigarettes would be subject to a total excise duty of HUF 700 (EUR 1.79). This means that heated tobacco products will now cost HUF 700 more than before.

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Smoke-free alternatives as a solution for quitting smoking

Hungary has a relatively high number of smokers, but several experts believe that alternative, smoke-free tobacco products can provide a solution for quitting. These types of products, even though they are unhealthy, are less harmful than conventional cigarettes. If someone chooses to use them, they are already closer to quitting. And even if they do not quit, they can still expect a longer lifespan thanks to the alternative product, says Dr Emil Toldy-Schedel.

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