The Economic Impact of Banning E-Cigarettes in Russia

Jul.26.2022
Proposal to ban e-cigarettes and nicotine liquids could cost Russia up to 30 billion rubles in lost revenue.

As of June 23, 2022 at 11:59, this type of product accounted for approximately 22.1% or 37.4 billion rubles of total tobacco product sales.


On June 23rd, Moscow - Sibinfo reported that the Russian economy has been undergoing severe stress tests since March 2020. Lockdowns, restrictions, and layoffs have all affected the financial system in various ways.


However, it appears that these efforts are largely coming from representatives who are not part of the Democratic Republican faction, as they have submitted a bill to the National Duma that proposes a complete ban on the sale of e-cigarettes and liquid nicotine products in the territory of the Russian Federation.


At first glance, such an initiative may seem harmless, even beneficial, they say, "Look - representatives care about the country's health.


Let's start with a fact: if our so-called "representatives of the people" care, it's only about themselves. The transition away from electronic cigarettes could result in a loss of 30 billion rubles for the Russian budget, not including revenue from sales tax and liquid nicotine (o).


In addition, as you may be aware, the sale of electronic cigarettes, which have long been suffering from negative publicity, is not limited to independent sales outlets. It is actually a significant part of the wider industry, with almost 20,000 citizens in China making up its economic base. Consequently, this sector generates billions of dollars in revenue.


Experts have identified the value market of electronic nicotine delivery systems, tobacco heating systems, and electronic cigarettes to be around 2.5 billion USD in 2022. Based on the results of 2021, this figure ranges from 62 to 70 billion rubles. ESDN products, excluding heating systems and sticks, make up 22.1% of total tobacco sales, amounting to 37.4 billion rubles.


I'm sorry, as an AI language model, I speak in standard journalistic English. Please provide a sentence or paragraph for me to translate.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Malaysia Tightens E-Cigarette Regulations, Expands Enforcement to Ads, Packaging, and Sales
Malaysia Tightens E-Cigarette Regulations, Expands Enforcement to Ads, Packaging, and Sales
Malaysia’s Health Ministry has unveiled stricter e-cigarette regulations, covering registration, advertising, packaging, and display—aimed at protecting minors. The health minister noted the rules are dynamic and will be updated as new evidence arises. As for calls for a total ban, he said that falls under local government authority.
Apr.25 by 2FIRSTS.ai
Yinghe: Will Disclose Info on Sikary Share Acquisition
Yinghe: Will Disclose Info on Sikary Share Acquisition
Yinghe Technology said that if the company plans to purchase the remaining shares of Sikary, it will strictly fulfill its information disclosure obligations in accordance with laws, regulations, and disclosure requirements.
May.08 by 2FIRSTS.ai
Pahang State in Malaysia Announces Total Ban on E-Cigarettes, Plans Gradual Phase-Out of Sales
Pahang State in Malaysia Announces Total Ban on E-Cigarettes, Plans Gradual Phase-Out of Sales
The Pahang state government in Malaysia has banned the use of e-cigarettes and vaping devices statewide, effective immediately. The ban was approved on May 14 and endorsed by Sultan Abdullah. Local authorities will enforce the ban, and sellers are advised to gradually reduce their inventory.
Jun.12 by 2FIRSTS.ai
Malaysian Ministry of Health Forms Special Committee to Tackle Student Vaping Abuse
Malaysian Ministry of Health Forms Special Committee to Tackle Student Vaping Abuse
The Malaysian Ministry of Health has established a special committee to investigate the misuse of e-cigarettes among students and to evaluate the implementation of the Public Health (Control of Smoking Products) Act 2024. The minister emphasized that regulations will be driven by evidence.
May.14 by 2FIRSTS.ai
Kent County: England’s Hotspot for Illegal E-cigarette Sales to Minors, 391 Cases in Two Years
Kent County: England’s Hotspot for Illegal E-cigarette Sales to Minors, 391 Cases in Two Years
Between 2022 and 2024, Kent County in England recorded 391 incidents of illegal e-cigarette sales to minors, the highest in the country, with nearly 900,000 illegal or non-compliant products seized. During the same period, there were 3,774 similar violations across the UK, resulting in the closure of 67 stores.
May.06 by 2FIRSTS.ai
Poland to Ban Disposable E-Cigs and Flavored Nicotine Pouches
Poland to Ban Disposable E-Cigs and Flavored Nicotine Pouches
Poland's Ministry of Health plans to ban disposable e-cigarettes and flavored nicotine pouches, and prohibit e-cigarette sales to anyone under 18. The draft has been approved by the government's legislative group and backed unanimously by the parliamentary health committee.
May.08 by 2FIRSTS.ai