According to updated trade data from the General Administration of Customs of the People's Republic of China, 2FIRSTS has compiled statistics on e-cigarette exports from China to Germany in October 2023. The details are as follows:
The export amount was approximately 54.68 million US dollars, with a month-on-month decrease of 17.07% and a year-on-year decrease of 31.05%.
The export volume amounted to approximately 987 tons, showing a decrease of 7.98% compared to the previous period, but a growth of 27.10% compared to the same period last year.
The export unit price decreased by 9.87% compared to the previous period and dropped by 45.75% compared to the same period last year. The average price for "e-cigarettes and similar personal electronic vaporizers" is $17.20 per unit.
Among them, "e-cigarettes and similar personal electronic vaporizers" accounted for 33.92% of the export categories, while "non-combustible products containing nicotine, without tobacco or reconstituted tobacco" accounted for 66.08%.
According to data from Statista, the e-cigarette market in Germany is expected to generate $1.1 billion in revenue by 2023. The market is projected to have an annual growth rate of 0.85% (2023-2028 compound annual growth rate). Considering the total population, the per capita e-cigarette consumption in Germany is estimated to be $15.15 in 2023. The popularity of e-cigarettes in Germany is significantly increasing, with more and more smokers opting to use these devices as a less harmful alternative to traditional tobacco products.
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