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Daily News on Vape Industry May 29th, 2024

  1. Malaysian Customs seized 70,000 vapesworth one million ringgit (approximately US$170,000) in a large-scale operation. The smuggling case is still under investigation.


  1. In April 2024, China exported vapes to Malaysia for approximately US$35.37 million, a month-on-month increase of 32.19%, and a year-on-year increase of 11.21%; the export volume was approximately 785.6 tons, a month-on-month increase of 38.67%, and a year-on-year increase of 7.92%.


  1. Pakistan Tobacco Company (PTC) launched the “Made in Pakistan 3.0 plan to export nicotine bag VELOproducts to the Japanese market, which is expected to increase annual foreign exchange earnings by US$100 million.


  1. A report by the German Federal Center for Health Education (BZgA) pointed out that since 2001, the proportion of teenage smokers in Germany has dropped significantly, and disposable vapesare popular among young people.


  1. The Pakistani government may increase federal excise tax on tobacco in the upcoming fiscal year 2024-2025 budget to more effectively cut the health burden associated with tobacco consumption.


  1. JTI released PloomX Advanced, a heated tobacco device in Ukraine. The device is currently sold in 18 countries and regions.


  1. Philip Morris International will launch the latest heated tobacco device IQOS ILUMA in Romania. Philip Morris International said that more than half of adult smokers in Romania have chosen its smoke-free devices.