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For instance, British American Tobacco estimates worldwide tobacco consumption to be declining at a -1.6% annual rate since 2010

IQOS has a high start-up cost, with a device and pack of 200 HeatSticks selling for $60 or more, but packs of HeatSticks are sold for as low as $5.75 per pack, similar to the price of a pack of cigarettes

Glo Glo is BATs heated, not burned product and has also seen category market share growth over the past few years, up from 12% to 20% since 2020

VAT at the standard rate is payable on the Buyers Premium by all Buyers, unless otherwise stated

The groups also said they would seek to counter what they described as false accusations against tobacco-growing communities and negative narratives promoted by anti-tobacco NGOs