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According to data released by the General Administration of Customs of China on December 20, the total value of vape exports in the first 11 months of 2023 exceeded 70 billion yuan, and the full-year export volume is expected to reach 78 billion yuan. Under the wave of Chinese e-cigarette manufacturers going global, the United States, the United Kingdom, Germany, Russia, etc. have become red sea markets. Fierce competition has promoted industrial upgrading. What trends will e-cigarettes have in 2024?

According to the Mirror, the British vape tax plan will be announced in the budget in March this year, which may increase the cost of E-liquid by at least a quarter. A government source said a vape tax is almost inevitable as part of the spring budget, which will be announced by chancellor Jeremy Hunt on March 6.

From January 1, 2024, vape shops in the Netherlands will not be allowed to sell flavored vape or e-liquid such as peach, mango or mint, and only tobacco-flavored vape products will be legally sold. The Dutch government hopes the measure will prevent teenagers from picking up a nicotine habit and then switching to combustible cigarettes.

In the past 2023, the international vape industry encountered some setbacks, but the overall market size still achieved growth.

Last year, some countries banned vape sales or strictly regulated vape products, and some vape retailers and manufacturers went bankrupt. The U.S. Food and Drug Administration (FDA) has rejected many applications for vape products, which has pushed the size of the illegal vape market in the United States into billions of dollars.

New Illinois Smoking Laws.
According to the Centers for Disease Control, 4.5% of Americans over 18 use e-cigarettes. But just because they don’t emit smoke, doesn’t mean vape users can vape anytime and anywhere. “E-cigarette devices” are now protected by the Illinois Smoke-Free Act (HB1540/Public Act 103-0272),

METROPOLIS, IL— House Bill 1540 passed last March in Illinois but officially went into effect across the state on January 1, 2024. The law prohibits smoking vapes or e-cigarettes inside public places including restaurants, stores, and schools. Also when smoking outside you must be at least 15 feet from the building’s entrance.

According to a CNBC report on December 26, the e-cigarette industry has developed rapidly in the past decade, while the traditional cigarette market continues to shrink. However, due to the dependence and addiction of young people on vapes and the increasing number of addicts, the e-cigarette industry is facing a major review, and governments at all levels are planning to restrict the sales of disposable vapes.

On December 14, the World Health Organization issued a statement urging action to prevent e-cigarette use and combat nicotine addiction. On the same day, it published a technical note detailing the evidence and factors underpinning its guidance. “E-cigarettes, as a consumer product, have not been shown to be effective in smoking cessation in the population. On the contrary, alarming evidence of adverse effects on population health has emerged,” the WHO wrote.

In the first 11 months of this year, China’s total e-cigarette exports exceeded 70 billion
On December 20, the General Administration of Customs of China released electronic cigarette export trade data for November this year. The data showed that from January to November 2023, vape products (including vape and similar personal electronic atomization equipment, other non-combustion products containing nicotine) Absorbent products) exports totaled US$9.988 billion (approximately 71.275 billion yuan).