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China's e-cigarette exports reached RMB 53.3 billion in the first eight months, with export unit pri

Key points: From January to August 2023, China's e-cigarette exports totaled US$7,285,324,738, or about US$7.285 billion, equivalent to roughly RMB 53.272 billion at the current exchange rate. Since February 2023, export unit prices have fallen for seven

From January to August 2023, China's e-cigarette exports reached $7,285,324,738, approximately 72.85 billion USD, equivalent to about RMB 53.27 billion at current exchange rates. Since February 2023, the unit price of e-cigarette exports has been continuously declining, dropping from a peak of $57.53/kg in February to $44.38/kg in August, a decrease of 22.85%.

According to data released by Chinese customs, from January to August 2023, the export value of Chinese e-cigarettes (including e-cigarettes and similar personal vaporizing devices, as well as other non-combustible nicotine products) was $7,285,324,738, approximately 72.85 billion USD, equivalent to RMB 53.27 billion; the export volume from January to August was 144,172,540 kg, about 144,172.54 tons; the average export unit price of e-cigarettes from January to August was $51.14/kg. 

Data shows that the export value in April reached $1,034,843,994, approximately $10.35 billion (about RMB 7.5 billion), the highest for the first eight months; since April, the export volume of e-cigarettes has remained around 20,000 tons, with July's export volume reaching 20,300,718 kg, about 20.3 tons, setting a record for export volume in 2023; since February, the unit price of e-cigarette exports has been continuously declining, dropping from a peak of $57.53/kg in February to $44.38/kg in August, a decrease of 22.85%.

 

 

Export value of e-cigarettes from January to August|Chart: Two Supremes (Jiang Mingxi)

 

 

Export volume of e-cigarettes from January to August|Chart: Two Supremes (Jiang Mingxi)

 

 

Comprehensive export unit price of e-cigarettes from January to August|Chart: Two Supremes (Jiang Mingxi)

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