China's E-cigarette Exports to UK Soar in September 2023
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 figures from China to the United Kingdom in September 2023. The details are as follows:
Exports reached approximately $115 million, with a monthly growth of 11.79% and a year-on-year growth of 6.71%.
The export volume reached approximately 2,883 tons, increasing by 10.30% compared to the previous period and by 36.47% compared to the same period last year.
The export unit price for "e-cigarette and similar personal electronic vaporizer devices" is $39.9 per kilogram, showing a 1.35% increase compared to the previous period and a 21.80% decrease compared to the same period last year. Meanwhile, the average price for these devices is $5.91 per unit.
Among them, "e-cigarettes and similar personal electronic vapor devices" accounted for 10% of the export category, while "non-combustible products containing nicotine, excluding tobacco or reconstituted tobacco" accounted for 90% of the share.
According to data from Statista, the e-cigarette market in the UK is expected to generate $3.9 billion in revenue by 2023. The annual growth rate is projected to be 2.45% (compounded annual growth rate from 2023 to 2028). In terms of population, the per capita e-cigarette consumption in 2023 is estimated to reach $64.59. The popularity of e-cigarettes in the UK is noticeably increasing, with more and more people switching from traditional cigarettes to e-cigarettes.
Disclaimer:
This article is translated from an original Chinese article available on 2firsts.cn by AI, and has been reviewed and edited by 2FIRSTS's English editorial team. The Chinese original text is the only authoritative source of information. The exclusive copyright and license rights to this article are held by 2FIRSTS Technology Co., Ltd. Any reproduction, reprinting, or redistribution of this article, either in part or in full, requires express written permission from 2FIRSTS and must include clear attribution along with a link to this content. Non-compliance may result in legal action. 2FIRSTS Technology Co., Ltd. reserves the right to pursue legal actions in case of unauthorized use or distribution.
