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Daily News on Vape Industry May 9th, 2024


2024-05-09
  1. Affected by the UK’s ban on disposable vapes, since March this year, stocks in the European market have begun to shift to the Middle East market on a large scale, and the prices of some disposable vapeshave fallen below RMB 10.

 

  1. Flonq launched the Ultra and Flonq Max Pro vapes, both of which are equipped with display screens.

 

  1. British American Tobacco plans to launch a new synthetic nicotine vapesin South Korea, using regulatory loopholes to evade taxes and sell them to consumers at a lower price. The company claims to have invested heavily in research and development to improve product quality.

 

  1. The Nepalese government has launched a comprehensive ban on vapes, calling for multi-departmental collaboration. They emphasized the health risks that vapesmay bring and warned that vapesmay become a “gateway” to tobacco consumption.

 

  1. JTI UK has launched a new online retail platform called “JTI 360” to replace the original “JTI Advance” website. Retailers can register to participate before June 10.

 

  1. In March 2024, China exported approximately US$10.73 million worth of vapes to the UAE, a month-on-month decrease of 26.78% and a year-on-year decrease of 36.49%; the export volume was approximately 263 tons, a month-on-month decrease of 32.26% and a year-on-year decrease of 12.16%.