China's E-cigarette Export Volume Has Reached A New High

Jan 08, 2024

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Recently, data released by the General Administration of Customs of China showed that the export volume of electronic cigarettes in China reached 20600 tons in September, setting a new high for this year, with a month on month increase of 4.49% and a year-on-year increase of 30.16%. This data exceeded July's 20300 tons, becoming the highest value of the year.

It is understood that the United States, South Korea, and Latvia are the three countries with the largest export volume of electronic cigarettes from China. Among them, the export volume to the United States reached 17.66 million units, accounting for 45.9% of the total. Calculated by quantity, the average export price is $5.2 per unit, and calculated by weight, the average export price is $92.48 per kilogram.

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It is worth noting that the comprehensive unit price of electronic cigarettes continues to decline. In September, the export unit price of Chinese electronic cigarettes was 43.37 US dollars per kilogram, a decrease of 2.04% month on month and 29.54% year-on-year. This trend has been ongoing for 8 months, and the decline is gradually tightening. Among them, the average export price of electronic cigarettes and similar personal electronic atomization devices based on quantity is 5.2 US dollars per unit, and the average export price based on weight is 92.48 US dollars per kilogram.

By weight, the country with the highest average unit price is Bangladesh, with an export unit price of $220.6 per kilogram. It is followed by Japan (148.46 US dollars/kg) and Türkiye (136.76 US dollars/kg). The country with the lowest average unit price is Singapore, with an export unit price of 5.94 US dollars per kilogram. Next are South Korea ($23.11/kg) and the Marshall Islands ($31.33/kg).

By quantity, the country with the highest average unit price is Armenia, with an export unit price of $55.65 per unit. Next are Kazakhstan ($55.30 per unit) and Hungary ($53.96 per unit). The country with the lowest average unit price is North Macedonia, with an export unit price of $1.43 per unit. Next are Latvia ($1.45 per unit) and Oman ($1.48 per unit).

Overall, the export volume of Chinese e-cigarettes has continued to grow this year, but the overall unit price has continued to decline. This trend is a challenge for e-cigarette manufacturers, who need to continuously improve product quality and technological level to enhance the added value and competitiveness of their products.