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Daily News on Vape Industry October 23rd, 2023


2023-10-23
  1. In September, China exported e-cigarettes to US$898 million, a month-on-month increase of 2.36% from US$877 million in the previous month, and a year-on-year decrease of 8.29%. This also interrupted the continuous decline in monthly export volume since May this year.

 

  1. In August, China exported e-cigarettes to Indonesia to approximately US$7.43 million, a month-on-month increase of 20.14%, and a year-on-year increase of 5.42%. The export volume was approximately 113 tons, a month-on-month increase of 33.97%, and a year-on-year increase of 22.97%. The export unit price was US$65.86/kg. A month-on-month decrease of 10.32% and a year-on-year decrease of 14.27%.

 

  1. According to data from the General Administration of Customs of China, China’s e-cigarettes have beenexported to 17 new countries/regions in 2023, including Congo, Mauritania, Samoa, etc.

 

  1. NJOY, a subsidiary of Altria, filed a lawsuit against 34 manufacturers, distributors and online retailers in China and the United States, accusing them of illegally selling disposable vapesand violating the laws of California and other places.

 

  1. Philip Morris International’s net income in the third quarter of 2023 was US$9.14 billion, a year-on-year increase of 13.8%. Shipments of heated tobacco products, including vapes, increased 18% in the quarter.

 

  1. Canadian Tobacco, a subsidiary of British American Tobacco, is secretly conducting a boycott of the “ban on flavored vapes”.

 

  1. Russian President Vladimir Putin signed a law that will impose fines of up to 25,000 rubles on individuals transporting unlabeled nicotine-containing products (such as e-cigarettes) in excess of permitted limits.