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Daily News on Vape Industry October 30th, 2023

  1.  In September, China exported US$59.78 million of e-cigarettes to South Korea, an increase of 1.15% from the previous month and an increase of 43.55% year-on-year. The export volume was approximately 2,587 tons, a decrease of 0.05% from the previous month and an increase of 174.9% year-on-year. The export unit price was US$23.11/kg. A month-on-month increase of 1.21% and a year-on-year decrease of 47.78%.


  1. THE VAPER EXPO UK was held in Birmingham from October 27th to 29th. Electronic cigarette brands including VOOPOO, ELF BAR, LOST MARY, SKE, HQ D, ELUX, etc. participated in the exhibition. .


  1. Altria’s net revenue in the third quarter of 2023 was US$6.28 billion, a year-on-year decrease of 4.1%, and its net profit in the quarter was US$2.17 billion, a year-on-year increase of 100%.


  1. Antonio Torres, director of Brazil’s National Health Supervision Agency, said that he plans to conduct a public consultation on e-cigarettes this year as part of the revision of e-cigarette industry policies.


  1. British American Tobacco’s stock price hit a 52-week low. The stock price fell to a low of $29.55 on October 26, and finally closed at a price of $29.65.