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Daily News on Vape Industry January 24th, 2024


2024-01-24
  1. In December, China’s exports of vapes to the United States were approximately US$327 million, a month-on-month increase of 22.31% and a year-on-year increase of 21.96%.

 

  1. The U.S. FDA refuses Bidi Vapor LLC vaping productsto enter the market because Bidi Vapor LLC failed to prove that its products provide adult smokers with a risk-reducing alternative.

 

  1. Nearly 100 vapebrands from around the world will participate in the TPE exhibition in Las Vegas, USA.

 

  1. The U.S. Food and Drug Administration (FDA) stated that it will complete the review of all submitted vapemarketing applications by June 30.

 

  1. Pakistan’s counterfeit cigarette problem brings an annual loss of 5.7 billion rupees (about 34 million U.S. dollars) to the national treasury. Currently, private tobacco giants are putting pressure on the government to implement a more powerful tracking and investigation system to curb the spread of the black market.

 

  1. In 2023, due to the vigorous crackdown on illegal trade, more than 150 million smuggled cigarettes were seized in Romania, with a market value of nearly 110 million lei (approximately 24 million US dollars). This smuggling volume has increased by nearly 40% compared with 2022 and is the highest level of illegal cigarette smuggling in the past five years.

 

  1. PMI South Africa said the Control of Tobacco Products and Electronic Delivery Systems Bill approved by the South African Cabinet did not provide adult smokers with the opportunity to learn about smoke-free alternatives, calling for revisions to promote safer options.