Countdown begins for the 2023 Russia vaping market

2023 Russiavape Expo

Exhibition time: 2023/4/29-30

The bilateral trade volume between China and Russia will exceed US$190 billion in 2022 and is likely to exceed US$200 billion in 2023. Investment cooperation between China and Russia is also growing rapidly. Although Russia's trade with Europe has been severely blocked, China is still sincerely developing economic and trade relations with Russia even though Russia is facing extreme difficulties. This is a boost to the Russian economy and the promotion of the "Belt and Road" construction. It is an incentive.

With the gradual withdrawal of European and American tobacco markets and foreign countriese-cigarette brandsThe gradual reduction of business in Russia, Chinae-cigarettesGoing to Russia will be a blue ocean in the next three years.

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At the end of 2021, there are more than 5000 stores selling e-cigarettes in Russia, including more than 1100 in the Moscow region. According to data from real estate platform DNA REALTY, the number of Russian cigarette shops will increase by at least 20% in 2022, and profits mainly come from e-cigarette sales. In 2023, BAT (British American Tobacco) will withdraw from the Russian and Belarusian tobacco markets, and PMI (Philip Morris International) is also considering retaining its business in Russia, because Russia is PMI's seventh largest tobacco market and the largest investor in Russia by international tobacco companies. JTI(Japan Tobacco) suspended investment in Russia, and Imperial Tobacco IMB also transferred its Russian operations to its successor in Russia.

Since Russia's tobacco industry relies heavily on the support and investment of foreign brands, once international tobacco companies withdraw, it will cause a large shortage in the Russian tobacco market, which will lead to a significant increase in the prices of tobacco products sold in Russia.

new tobaccoProducts (HNB) and e-cigarettes have great potential to become an alternative to the Russian tobacco market, with e-cigarette consumers accounting for 6.8% of the total number of smokers in Russia. Russia ranks third in the world after the United States and Europe in terms of imports of electronic nicotine delivery system equipment. China accounts for 90% of the global market. In 2021, China's exports to Russia will reach 82.5 billion rubles. This year this year, this number may increase by 35% to 111 billion rubles."

The Russian Federation Customs Director Vladimir? Bravin previously said that the bureau expects that Russia-China trade volume will increase to US$170 billion by the end of 2022, an increase of 26% in the first 11 months of this year.

Moscow Electronic Cigarette Exhibition #p#Pagination Title #e#, April 29-30, open again

It is expected that 7000+ visitors will visit and more than 100 brands will be exhibited, with an exhibition area of 5500 square meters. Many e-cigarette KOL participated, top model platforms, and well-known DJs on the scene participated in the fun......

Exhibition information in April, May and June  

4 monthsRussia #p#pagination title #e#Exhibition,FranceExhibition Live

5 monthsGermany, Colombia, Egypt, Italy, Kazan, Russia, BirminghamE-cigarette exhibitionlive broadcast

6 monthsDubai #p#pagination title #e#Electronic Cigarette Exhibition,Spainvape Expo