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Daily News on Vape Industry November 22nd, 2023

  1. In September, China’s e-cigarette exports to Kazakhstan were approximately US$6.14 million, a month-on-month increase of 111.17%, and a year-on-year decrease of 51.44%; the export volume was approximately 55.5 tons, a month-on-month decrease of 8.05%, and a year-on-year decrease of 83.85%.


  1. According to the Russian customs clearance company, there is currently a large demand for compliant vapesin the Russian market. If a company hopes to launch vaping productin the Russian market in compliance with regulations, it must make full preparations at least three months in advance.


  1. The global nicotine chewing gum market is valued at US$1.2 billion in 2022 and is expected to increase to US$1.8 billion by 2030.


  1. The Ministry of Finance of South Korea opposes treating vapes thatusing synthetic nicotine the same as traditional cigarettes, believing that it is too early to treat synthetic nicotine as a tobacco raw material.


  1. Philip Morris International (PMI) has launched IQOS ILUMA in Macedonia, a series that includes three models: IQOS ILUMA PRIME, IQOS ILUMA and IQOS ILUMA ONE.


  1. Japan Tobacco Incorporated (JTI) accused Oriental, Egypt’s largest tobacco manufacturer, of monopolizing the market and filed a complaint with the Egyptian Competition Authority (ECA).


  1. Santa Rosa, California, USA may ban the sale ofvapes. The policy has been submitted to the City Council and is expected to be further reviewed by the city in the first quarter of 2024.