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Daily News on Vape Industry May 10th, 2024

  1. Several well-known brands have launched “N-in-1” disposable vapes in the UK. Logistics companies revealed that the order volume of this type of multi-cartridge disposable vapes is increasing.


  1. In March 2024, China exported about 32.13 million US dollars of vapesto the Netherlands, up 17.92% month-on-month and 25.80% year-on-year; the export volume was about 854 tons, up 9.12% month-on-month and 71.09% year-on-year.


  1. Japan Tobacco’s operating income in the first quarter of 2024 increased by 11.3% year-on-year to 740.3 billion yen (about 4.9 billion US dollars), and net profit increased by 8.7% to 157.3 billion yen (about 1 billion US dollars).


  1. According to data, the transaction volume of vapessold through illegal channels in Italy exceeded 180 million euros. However, China’s vapeexports to Italy in 2023 were only 76.19 million euros.


  1. The Singapore Health Sciences Authority (HSA) is reviewing and adjusting the law to strengthen the supervision of vapeadvertising, importation and distribution, said the Senior Parliamentary Secretary of the Ministry of Health of Singapore.


  1. The President of the Philippines asked the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR) to strengthen the fight against the smuggling of tobacco and vapes. The directive aims to improve the efficiency of the fight against smuggling and purify the market of illegal tobacco and vapes.


  1. British American Tobacco (BAT) Kenya asked the government to review the Tobacco Control Act of 2007. Its spokesperson said that the existing warning signs may mislead consumers.