Title: China’s E-cigarette Export to Czech Republic Sees Mixed Performance in September 2023
According to the latest trade data released by the General Administration of Customs of the People’s Republic of China, the e-cigarette export figures from China to the Czech Republic in September 2023 have revealed interesting trends and market dynamics.
Export Volume and Value
The e-cigarette export volume reached approximately 119 tons during this period, marking a month-on-month growth of 12.35% and a year-on-year growth of 44.34%. However, in terms of export value, the figures stood at around 5.59 million US dollars, reflecting both a month-on-month increase of 11.53% and a year-on-year decrease of 26.64%.
Unit Price Fluctuations
The average export unit price experienced a slight decline compared to the previous period, dropping by 0.73%. In comparison to the same period last year, the average unit price witnessed a significant decline of 49.18%. The average price per kilogram stood at $46.76. Additionally, the average price of “e-cigarettes and similar personal electronic vaporizing devices” amounted to $3.31 per unit.
Composition of Exported Products
Among the exported e-cigarette products, “e-cigarettes and similar personal electronic vapor devices” accounted for 30.74% of the export category, whereas “non-combustible products containing nicotine, without tobacco or reconstituted tobacco” represented the remaining 69.26%.
Market Outlook in the Czech Republic
According to Statista, the revenue of the e-cigarette market in the Czech Republic is predicted to reach $105.8 million in 2023, with an anticipated annual compound growth rate of 2.47% from 2023 to 2028. Per capita, e-cigarette consumption in the Czech Republic is estimated to be $11.27 in 2023. The country has witnessed a steady increase in the popularity of e-cigarettes, with more consumers embracing their usage each year.
It is important to note that the data presented is sourced from the General Administration of Customs of the People’s Republic of China, and the figures are subject to change. The article aims to provide an overview of the current trends based on available information.
