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Daily News on Vape Industry August 10th, 2023


2023-08-10

1. China Customs statistics show that during the period from January to June 2023, the export value of disposable vape in China reached 3.831 billion US dollars, accounting for about 70% of the total export value of vaping products, with an average monthly export value of about 638  million U.S. dollars.

 

2. At the IECIE VapeExhibition in Jakarta, Indonesia, the manager of the Indonesian electronic cigarette brand ReFresh said that more and more young people want to have simple and uncomplicated habits, which will trigger their shift to disposable vape. The outlook for the market is optimistic.

 

3. Russia’s draft decree banning the sale of flavoring additives used in vapingdevices will be submitted to the government for consideration in the near future. The project seeks to ban all artificial and natural flavors and food additives, including those containing harmful and dangerous compounds, stimulants, sweeteners, colors, and other low-risk additives.

 

4. The Russian Nicotine Products Industry Union and the Russian Electronic Nicotine System Market Professional Union have sent a letter to Minister of Finance Anton Siluanov, requesting that food flavors and salt-based nicotine be removed from the list of prohibited substances and additives. The letter was supported by more than 50 vaping industry legal persons and experts.

 

5. KT&G released an environmental, social and corporate governance (ESG) report called “2022 KT&G Comprehensive Report”, which includes sustainable business strategies and performance data, and demonstrates the company’s sustainable business strategies and results.

 

6. The World Health Organization issued a report, which emphasized that by 2022, only 42 countries have completely banned the use of e-cigarettes in indoor public places, workplaces and public transportation. Furthermore, only 23 countries have restricted advertising of these products.

 

7. The World Health Organization has published the ninth WHO Report on the Global Tobacco Epidemic, which summarizes the efforts of countries to implement the most effective tobacco demand reduction measures of the WHO Framework Convention on Tobacco Control. These measures have been proven to reduce tobacco use and are collectively referred to as the “MPOWER” package of tobacco control measures.