Table 2. Cigarette pack prices and tax yields, China, 2014–2016.
| Variable | Cigarette classa |
Weighted average | |||||
|---|---|---|---|---|---|---|---|
| I(A) | I(B) | II | III | IV | V | ||
| Average wholesale price, ¥/pack | |||||||
| 2014 | 36.0 | 20.6 | 11.6 | 8.3 | 4.5 | 2.3 | 10.3 |
| 2015 | 38.2 | 21.8 | 12.3 | 8.8 | 4.8 | 2.4 | 11.2 |
| 2016 | 38.2 | 21.8 | 12.3 | 8.8 | 4.8 | 2.4 | 11.2 |
| Change (%) | 2.2 (6) | 1.2 (6) | 0.7 (6) | 0.5 (6) | 0.3 (6) | 0.1 (6) | 0.9 (9) |
| Average retail price, ¥/pack | |||||||
| 2014 | 43.0 | 23.0 | 13.0 | 9.5 | 5.0 | 2.5 | 11.6 |
| 2015 | 45.0 | 25.0 | 14.0 | 10.0 | 5.5 | 3.0 | 12.8 |
| 2016 | 45.0 | 25.0 | 14.0 | 10.0 | 5.5 | 3.0 | 12.8 |
| Change (%) | 2.0 (5) | 2.0 (9) | 1.0 (8) | 0.5 (5) | 0.5 (10) | 0.5 (20) | 1.2 (11) |
| Average excise tax, ¥/pack | |||||||
| 2014 | 13.5 | 8.1 | 4.8 | 2.4 | 1.3 | 0.7 | 3.6 |
| 2015 | 15.6 | 9.4 | 5.6 | 3.0 | 1.7 | 1.0 | 4.4 |
| 2016 | 15.6 | 9.4 | 5.6 | 3.0 | 1.7 | 1.0 | 4.4 |
| Change (%) | 2.1 (16) | 1.3 (16) | 0.8 (16) | 0.6 (24) | 0.4 (27) | 0.2 (31) | 0.8 (24) |
| Average total tax,b ¥/pack | |||||||
| 2014 | 22.2 | 13.0 | 7.6 | 4.3 | 2.4 | 1.4 | 6.0 |
| 2015 | 24.9 | 14.7 | 8.6 | 5.0 | 2.9 | 1.7 | 7.1 |
| 2016 | 24.9 | 14.7 | 8.6 | 5.0 | 2.9 | 1.7 | 7.2 |
| Change (%) | 2.7 (12) | 1.8 (13) | 1.0 (13) | 0.7 (17) | 0.5 (20) | 0.3 (25) | 1.2 (19) |
¥: yuan.
a Classification according to the State Tobacco Monopoly Administration. Class I has a wide retail price span, so we divided class I in to (A) and (B), where I(A) spans retail prices above 43 ¥ per pack. However, given that I(A) has a very small market share, we don’t address this category in detail in this paper.
b Total tax includes excise and other indirect taxes on consumption, but excludes enterprise income tax.
Notes: One cigarette pack contains 20 sticks. The conversion rate in 2016 was 1 United States dollars to ¥ 6.64.