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Daily News on Vape Industry October 11th, 2023

  1.  In August, China’s exports of e-cigarettes to the Netherlands totaled US$39.85 million, a month-on-month increase of 32.76%, and a year-on-year increase of 34.58%; the export volume was 976,125 kilograms, a year-on-year increase of 162.12%; the export volume was 976,125 kilograms, a month-on-month increase of 30.08%, a year-on-year increase of 162.12%; The export unit price was US$40.82/kg, an increase of 2.06% month-on-month and a year-on-year decrease of 48.66%.


  1. John Dunn, Chairman of the British Electronic Cigarette Industry Association, reminds vapebrands not to export illegal vapesto the UK; do not use packaging with cartoon characters or that is overly attractive to young people; do not use the names of well-known candies .


  1. During a surprise inspection of a company by the law enforcement authorities in Ho Chi Minh City, Vietnam, they found that its warehouse contained a large number of illegal vapingproducts with a total value of 70 billion VND (approximately RMB 20.5 million).


  1. Rachel Reeves, a member of the British Labor Party and Shadow Chancellor of the Exchequer, told the media that the Labor Party supports Prime Minister Rishi Sunak’s anti-smoking policy.


  1. Philip Morris International Bulgaria held a press conference to announce the release of the new IQOS ILUMA product in the country.


  1. Flashlight Capital, a shareholder of KT&G, issued a statement seeking to disclose information including export business profits, global distribution contracts with Philip Morris International, and “consulting fees” of US$19 million.


  1. Starting from 2024, Latvia will gradually increase excise taxes on vapes, cigarettes, alcohol and alternative tobacco products.


  1. The Brazilian Federal Highway Police seized a large amount of goods smuggled from Paraguay in Tres Laguas, including 7,200 vapes.