Update May 2013
Impact on Revenue
Cigarette Price (2012)
Most popular foreign brand is Marlboro costs 9.31 USD per pack
Singapore has done a good job at reducing daily smoking prevalence among adult by increasing 300% in cigarette prices, averaging a 4% increase in price each year.
Up to March 2003, excise duty on cigarettes was by weight per kilogram of tobacco. From July 2003, excise duty on cigarettes was revised to a unit-based (per stick) system. This change to a unit-based system was in response to the emergence in 2000 of low-priced cigarettes that had less tobacco content and less weight per cigarette and which, due to their price, were attracting young people to smoke and encouraging smokers to smoke more, as evidenced in a shift in consumer behavior pattern (sales of low-priced cigarettes increased from 6% in 2000 to 25% in (2003).
Overall, with its general tobacco control strategy, Singapore has done a good job at reducing daily smoking prevalence among adults aged 18 years and older: from 18.3% in 1992 to 15.2% in 1998 to 12.6% in 2004. This reduction correlates well with the 300% increase in cigarette prices, averaging a 4% increase in price each year, and resulting in a 57% decrease in per capita cigarette consumption from 1987 to 2005.