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China’s E-Cigarette Exports to Spain Reach About $8.6 Million in September, Up 6.25% Month on Month

Key takeaway: In September, China’s e-cigarette exports to Spain totaled about $8.6 million, up 6.25% month on month and 11.23% year on year.

  In September, China's exports of e-cigarettes to Spain reached approximately $8.6 million, a month-on-month increase of 6.25% and a year-on-year increase of 11.23%.

According to updated trade data from the General Administration of Customs of the People's Republic of China, the statistics for September 2023 regarding e-cigarette exports to Spain are as follows:
 

  Source: Two Above (Jiang Mingxi created the chart)

 

Export value was approximately $8.6 million, with a month-on-month increase of 6.25% and a year-on-year increase of 11.23%.

 

  Source: Two Above (Jiang Mingxi created the chart) 


Export volume was approximately 217 tons, with a month-on-month increase of 17.43% and a year-on-year increase of 85.22%.

  Source: Two Above (Jiang Mingxi created the chart)


The export price was $39.50 per kilogram, a month-on-month decrease of 9.52% and a year-on-year decrease of 39.95%; the average price of "e-cigarettes and similar personal electronic vaporizing devices" was $8.59 per unit.

 

  Source: Two Above (Jiang Mingxi created the chart)

 

Among them, "e-cigarettes and similar personal electronic vaporizing devices" accounted for 13.39% of the export categories, while "non-tobacco or reconstituted tobacco products containing nicotine for non-combustible use" accounted for 86.61%.

 

  Source: Two Above (Jiang Mingxi created the chart)

 

According to Statista's data, it is predicted that in Spain, the e-cigarette market revenue is expected to reach $194.2 million by 2023; the expected annual growth rate is 2.21% (compound annual growth rate from 2023 to 2028); per capita e-cigarette consumption in Spain is expected to be $4.49 in 2023; in recent years, the popularity of e-cigarettes in Spain has surged, with more and more Spaniards starting to use e-cigarettes as a substitute for traditional tobacco products.

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