Significant Growth in E-cigarette Market in Bosnia and Herzegovina

Market by 2FIRSTS.ai
Nov.08.2023
Significant Growth in E-cigarette Market in Bosnia and Herzegovina
Disposable e-cigarettes, both with and without nicotine, worth over 8.3 million marks have been imported into Bosnia and Herzegovina this year.

According to data from the Indirect Taxation Authority of Bosnia and Herzegovina (UIO), the Bosnian market has received a total value of over 8.3 million marks (equivalent to approximately 32.92 million yuan) in disposable e-cigarettes (with or without nicotine) for the first ten months of this year.

 

According to recent reports, the value of e-cigarettes and e-liquids containing nicotine in this particular case has exceeded 6.7 million marks, while those without nicotine amounted to 1.6 million marks. It is worth mentioning that the majority of e-cigarettes originate from China, although imports from Serbia, Croatia, Czech Republic, Spain, Poland, Italy, Greece, and Malaysia have also been observed.

 

Compared to the same period last year, there has been a significant growth in both e-cigarettes and e-liquids in the first ten months of this year. The weight of the related products received during the same period last year was 39,001 kilograms, valued at approximately 5 million marks, whereas this year the weight of the related products is 61,789 kilograms.

 

Furthermore, according to the retail store Srpskoj, there has been a substantial increase in demand for e-cigarettes recently, with the majority of consumers being young individuals who mostly purchase them on Fridays to enhance their nightlife experience.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

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.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Related Topics