Russia's E-Cigarette Liquid Sales Soar in Q2 2024

Oct.08.2024

Russia's e-cigarette liquid sales surge by 23.4 times in Q2 2024, reaching 51.25 thousand liters worth 198 billion rubles.

According to a report from IVBG on October 5th, the Russian national product labeling system "Honest Mark" (Честный знак) released data stating that in the second quarter of 2024, Russia sold 512,500 liters of e-cigarette liquid, totaling 198 billion rubles (2 billion US dollars). This sales volume is 23.4 times higher than the same period in 2023.

In 2024, the number of manufacturers producing e-cigarette liquid has increased to 102, up from 68 in the same period last year. The number of retail outlets legally selling e-cigarettes has also increased by 178,200 in the past two years, reaching a total of 235,600.

In May 2024, the Russian State Duma submitted a bill to ban the retail sale of e-cigarettes containing and not containing nicotine.

References:

[1] В России за квартал продали жидкостей для вейпов почти на 20 млрд рублей

Also Read:

[1] Proposal to Ban Tobacco Sales for Russian Citizens Born after 2009

[2] Research Shows Illegal E-cigarette Prevalence and Tax Evasion in Russia

[3] Fine for Smoking E-Cigarettes in Public Places in Russia

[4] Establishment of Special Working Group to Regulate Use of E-Cigarettes

[5] Russia Plans to Ban Sale of High-Nicotine Heated Tobacco Products

[6] Bashkortostan to Impose Fines for Public E-Cigarette Use

[7] Putin Expresses Concern Over Youth E-Cigarette Use in Russia

[8] Russian State Duma Considers Ban on Sale of E-Cigarettes

[9] Russia Implements Tax Hike on Tobacco Alternatives starting 2024

#Europe #Legislation #E-liquids #Russia

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