Overview of February’s Export Performance
In February 2024, China’s e-cigarette exports to Belgium saw significant figures but marked a decrease compared to previous periods. The exports amounted to $4.16 million, reflecting a 9.88% drop from the previous month and a sharp 16.26% decrease year-on-year.
Export Composition and Trends
The data reveals a diverse export portfolio predominantly leaning towards non-tobacco or tobacco-free nicotine-containing non-combustible products, which comprised 79.74% of the total exports. In contrast, traditional e-cigarettes and similar devices made up about 20.26%.
- Total export volume: Approximately 79 tons, down 11.21% from January 2024 but up 16.17% compared to February 2023.
- Export unit price: The price per kilogram stood at $52.39, increasing by 1.50% month-on-month but showing a significant year-on-year drop of 27.92%.
- Average unit price for devices: Priced at $19.33 per unit, reflecting market adjustments.
Market Insights
The fluctuating export values and volumes indicate shifting demands and market dynamics in Belgium’s e-cigarette market. This could be attributed to regulatory changes, shifts in consumer preference, or other economic factors influencing the trade.
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This revised article aims to keep you engaged with concise, insightful data and trends that matter to you. Whether you are an industry analyst, trader, or enthusiast, understanding these shifts helps you make better decisions and stay informed in the fast-evolving e-cigarette market.
