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Daily News on Vape Industry March 20th, 2024

  1. In December 2023, China’s vapeexports to the Czech Republic were approximately US$3.868 million, a month-on-month decrease of 43.01%, and a year-on-year decrease of 4.47%; the export volume was approximately 62 tons, a month-on-month decrease of 53.19%, and a year-on-year decrease of 2.04%.


  1. The China State Tobacco Monopoly Administration organized a special inspection to standardize the order of the vapemarket in 2024. It will enter the key inspection stage starting from April 1 and ending on June 30.


  1. HM Revenue and Customs (HMRC) will make it mandatory to use “digital channels” in preparation for the upcoming new vapetax. This will require UK manufacturers to register with HMRC and report information on the goods they produce in order to pay the appropriate tax through monthly returns.


  1. The Philippine Department of Trade and Industry (DTI) has suspended sales of the vapebrand Flava in the local market. The move follows accusations of breaching product communication restrictions, including the use of flavor descriptions and celebrity endorsements.


  1. The Shenzhen Tobacco Monopoly Bureau collects clues from the public about the illegal production and sale of counterfeit and shoddy vapes. If the reported content is verified to be true, rewards will be given in accordance with relevant regulations.


  1. The Malaysian Ministry of Health held a symposium with relevant parties in the vapeindustry to discuss the proposal to ban the sale of vapes. At the meeting, industry leaders opposed the strict control plan proposed by the Ministry of Health for vapes. They pointed out that excessive control may cause damage to the local industry.