Philippines Increases Floor Prices for Cigarettes and Vape Products

The Philippines’ Bureau of Internal Revenue (BIR) has announced a significant increase in the floor prices for cigarettes, heated tobacco, and various vaporized nicotine products. The new minimum retail prices, released on July 18th, are set to take effect 15 days after publication. This move is designed to ensure that excise and value-added taxes are properly accounted for, based on updated estimates of reasonable production costs.

Under the new regulations, the floor price for a 20-stick pack of cigarettes rises to P85.57 from P78.58. For vaping products, the changes are particularly substantial, with the minimum price for a 2-milliliter (ml) nicotine pod nearly doubling. The BIR also established new floor prices for several 10ml vape product categories.

This move follows a dramatic surge in tax collections. In the first half of the year, excise tax collections on tobacco products rose by 34.16% to P58.97 billion, while collections from vapor products skyrocketed by an incredible 738.09% to P1.50 billion.

New Floor Price Comparison

Here is a breakdown of the updated minimum retail prices for key product categories:

Product Category	New Floor Price (PHP)	Previous Floor Price (PHP)
Cigarettes (per 20-pack)	P85.57	P78.58
Heated Tobacco (per 20-pack)	P61.47	P60.11
Nicotine Pods (2ml)	P353.18	P180.67
Disposable Pods (10ml)	P183.31	N/A
Prefilled Pods (10ml)	P174.89	N/A
Disposable Devices (10ml)	P98.18	N/A

News source: BIR raises floor price for cigarettes, vape products

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Matthew Ma

Marketing at Ecigator

With over a decade of experience in the e-cigarette industry, Matthew Ma is a seasoned expert in both the manufacturing and usage aspects of vaping products. His extensive background has provided him with a deep understanding of the intricacies and evolving dynamics of e-cigarettes.