China's E-cigarette Exports to South Korea Decrease in December 2023

Market by 2FIRSTS Mincy
Jan.25.2024
China's E-cigarette Exports to South Korea Decrease in December 2023
China's e-cigarette exports to South Korea in December 2023 decreased by 18.3% compared to the previous month.

According to the latest trade data from the General Administration of Customs of the People's Republic of China, 2FIRSTS has compiled the e-cigarette export statistics to South Korea for December 2023 as follows:

China's E-cigarette Exports to South Korea Decrease in December 2023
Image source: 2FIRSTS (Created by Mincy)

 

Exports amounted to approximately 62.13 million US dollars, marking a decrease of 18.3% compared to the previous period and a decline of 15.54% year-on-year.

China's E-cigarette Exports to South Korea Decrease in December 2023
Image source: 2FIRSTS (graph created by Mincy)

 

The export volume decreased by 21.8% month-on-month, reaching approximately 2,920 tons, while it increased by 77.09% year-on-year.

China's E-cigarette Exports to South Korea Decrease in December 2023
Image source: 2FIRSTS (Created by Mincy)

 

The export unit price was $21.28 per kilogram, representing a 4.48% increase compared to the previous period, but a 52.31% decrease year-on-year. The average price of "e-cigarettes and similar personal electronic vaporizers" stood at $2.49 per unit.

China's E-cigarette Exports to South Korea Decrease in December 2023
Image source: 2FIRSTS (Chart by Mincy)

 

Among them, 'e-cigarettes and similar personal electronic vapor devices' account for 10.72% of the export category, while 'non-combustible nicotine-containing products that do not contain tobacco or reconstituted tobacco' account for 89.28%.

China's E-cigarette Exports to South Korea Decrease in December 2023
Image source: 2FIRSTS (Mincy Mapping)

 

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1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

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