Yesterday, an Indonesian electronic cigarette exhibition started as scheduled.
Open pods, reloading, and e-liquid are all focuses. There were also many channel dealers at the scene, and there were also many ordinary users. It could be said to be a local e-cigarette carnival. Among them, OXVA became one of the focuses of the scene.
This time, VAPEFAIR, the Indonesian e-cigarette exhibition, was held in Jakarta. VAPEFAIR was hosted by the well-known e-cigarette oil company HUSKY. Exhibitors include more than 30 well-known companies in the industry, including ELFBAR, BECO, OXVA, FREEMAX, PURA, VECEE, and OKK.
According to relevant brand owners at the scene, e-cigarettes have a relatively large audience in Indonesia, and large smoke and open style are the mainstream of this market. Mainly benefiting from the stimulation of tax incentives for local e-liquids.
As the third largest tobacco market in the world, Indonesia has a demographic dividend of more than 200 million and is the most populous country in Southeast Asia. This market is attracting the attention of Chinese overseas companies.
Will WHO’s e-cigarette initiative be postponed?
News on November 12 Recently, it was reported that the 10th Conference of the Parties (COP10) of the World Health Organization Framework Convention on Tobacco Control (FCTC) has been postponed to 2024.
These meetings are expected to take place in Panama as early as 2024, with a date to be determined. The current security issues in Panama are the main reason for the postponement of COP10 and MOP3. The Convention Secretariat stated that further details on COP10 and MOP3 will be communicated as soon as possible.
Financial institutions increase their holdings of Philip Morris International by RMB 200 million!
According to news on November 12, according to the latest U.S. Securities and Exchange Commission (SEC) report, Cullen Frost Bankers, a well-known U.S. financial institution, increased its stake in Philip Morris International (PMI) by 1.4%. Now owns 305,612 shares of PMI after purchasing 4,081 shares during the period, with a total investment value of $29.834 million.
It is reported that Cullen Frost Bankers is a financial services company headquartered in Texas, USA, which mainly provides banking, trust, investment management and other financial services. As a diversified financial institution, it has a certain status and influence in the banking and wealth management fields. The company provides customers with a variety of financial products and services, including savings accounts, loans, investment management and wealth planning. Philip Morris International’s main products include cigarettes and smoke-free products, including heat-not-burn products, atomized e-cigarettes and oral nicotine products, with the main brands IQOS and ZYN; and consumer accessories such as lighters and matches.
What are the transportation requirements for e-cigarettes in Saudi Arabia?
According to news on November 12, we recently learned from logistics providers that the packaging requirements for e-cigarette air shipments in Saudi Arabia include the following. For example, the nicotine content on the product packaging box cannot be displayed in percentage, such as 2%, 3%, or 5%.
It needs to be displayed in Mg, such as 2Mg, 3Mg, 5Mg, 10Mg, 20Mg. The maximum display cannot exceed 20Mg. This shows that we need to pay attention to the packaging requirements for e-cigarette transportation in Saudi Arabia.
Russian e-cigarette exports also exceeded 100 million?
According to news on November 12, Chinese customs data showed that China’s e-cigarette exports to Russia in September were US$33.3 million (equivalent to 180 million yuan), a month-on-month increase of 5.56% and a year-on-year decrease of 24.05%.
Data from this country show that there has been continuous month-on-month growth since June, while exports in September were approximately 709 tons, a month-on-month increase of 3.34%, and a year-on-year decrease of 1.99%. The export unit price was US$46.96/kg, a month-on-month increase of 2.14% and a year-on-year decrease of 22.51%; the average price of “e-cigarettes and similar personal atomization equipment” was US$8.16/unit.
Japan Tobacco will release HMB in convenience stores nationwide in November
According to news on November 12, according to Japan Tobacco’s official website, Japan Tobacco announced that its new heated tobacco product “Ploom X Advanced” will be on sale in convenience stores and tobacco retailers nationwide starting from November 21.
In addition, starting from October 31, the product will also be available for pre-sale to Ploom X CLUB members at the CLUB JT online store and Ploom stores nationwide. JT Company stated that compared with existing equipment, “Ploom The heating temperature has been increased from 295 degrees Celsius to 320 degrees Celsius; the new automatic heating function will automatically start heating once a cigarette is placed in the device; the charging time of the new device is reduced to about 90 minutes compared to about 110 minutes for the existing model .
The suggested retail price given by JT is 1,980 yen including tax (equivalent to US$13.25). It is worth noting that after the release of Ploom X Advanced, JT will stop selling existing Ploom X equipment in the Japanese market.
Will Egypt increase taxes on e-cigarettes?
On November 12, according to the Egyptian Independent, Ibrahim Imbaby, head of the tobacco department of the Egyptian Chamber of Commerce, revealed that the Egyptian House of Representatives approved the revised value-added tax bill. After the bill increases tobacco taxes, it is expected that Cigarette prices in Egypt will rise. Crucially, the value-added tax on e-cigarettes will also be increased.
The bill includes a 50% increase in the scaled tax on cigarette products on the local market, covering three segments (low, medium and high), in addition to increasing the prices of heated tobacco and e-cigarettes. He also explained that prices in the lowest category will not exceed 30 Egyptian pounds, with the legal maximum being 31 Egyptian pounds, adding: “The company will leave one pound for price fluctuations.” He explained that prices in the middle category will Not exceeding LE 43, the price of the highest category will be from LE 55 to LE 60, based on the increase in the new tax value.
British American Tobacco invests approximately CAD 125 million in CBD!
According to news on November 12, according to the official website of British American Tobacco, British American Tobacco (BAT) will deepen its strategic partnership with Organigram, a major Canadian tobacco manufacturer, and invest approximately 74 million pounds from January 2024 to January 2025 ( C$124.6 million) and increased its stake from approximately 19% to 45%.
PDC was founded to combine the knowledge of both companies and develop the next generation of non-flammable products. The majority of the investment will be allocated to Organigram to establish a strategic investment pool aimed at emerging opportunities in the Big M space to accelerate Organigram’s growth and support geographic, technology and product expansion. According to BAT, the investment is still subject to customary conditions, including obtaining the necessary approvals from Organigram shareholders.
China’s e-cigarette exports to Croatia increased by 70%!
According to news on November 12, recent Chinese customs data show that in September, China’s e-cigarette exports to Croatia were approximately US$21.53 million, a month-on-month increase of 69.68% and a year-on-year increase of 22.40%.
The export volume was approximately 275 tons, an increase of 88.75% month-on-month and 86.62% year-on-year. The export unit price was US$78.41/kg, down approximately 10.10% month-on-month and 34.41% year-on-year; the average price of “e-cigarettes and similar personal atomization equipment” was US$21.14/unit. Data shows that September is the peak period for the country’s exports. About 120 million yuan of e-cigarettes were exported to this country in September.
Bali regulatory authorities strengthen e-cigarette monitoring!.
According to news on November 12, Indonesian media “The Jakarta Newspaper” reported that the Indonesian Bali National Narcotics Control Department (BNNP) is monitoring e-cigarettes to prevent liquid narcotics from entering Bali and spreading.
Made Dwi Saputra, public relations coordinator of BNNP Bali, said there is a huge demand for e-cigarettes from the public. Brigadier General of Police Raden Nurhadi Yuwono, head of BNNP, urged e-cigarette manufacturers, suppliers and consumers not to mix narcotics in e-liquids and called on the community to actively report all sales Narcotics vape shop.
LOST MARY’s first sale in Japan is for zero cents!
According to Prtimes news on November 12, the e-cigarette brand LOST MARY has launched a sales plan in Japan. The first product “LOST MARY BM3500” is a zero-nicotine disposable e-cigarette, offering 9 different flavors for consumers to choose from. Use 3500 ports.
The product will be on sale in Japanese online stores, Amazon, and Rakuten markets starting from November 1st. The recommended retail price including tax is 1,980 yen.
New e-cigarette store opens in New York!
According to the overseas website nyvtmedia, an exotic cigar and tobacco shop was recently posing outside the store on Williams Street in Whitehall, New York, USA.
Muflahi, a former New York City resident, said he was inspired to open the store after he couldn’t find the tobacco products he wanted. Drive through the community. The new store offers a variety of tobacco and vaping products, including cigars and cigarettes, as well as smoking paraphernalia such as lighters and glass pipes. It also offers a variety of snacks, including familiar American-made snacks and foreign favorites.
ELFBAR launches reloading type in Malaysia!
According to news on November 12, the “buy one get one free” reloading program only costs RMB 57. Recently, it was discovered in the Malaysian market that ELFBAR has launched a reloadable product called “ELFBAR MATE500 DEVICE” in this market.
In an e-cigarette store in Malacca, the product is on promotion. Consumers only need to purchase a box of cigarette cartridges (3 pieces) worth RMB 57 to receive a free device. The cartridge flavors include Yakult, lychee blackcurrant, cream, watermelon ice, etc. The store clerk told me, “The sales of this reloading product are very good.” According to previous news, ELFBAR has launched a reloadable product in the European market called ELFA PRO.
Poland e-cigarette exports surge
According to news on November 12, according to Chinese customs data, China’s exports of e-cigarettes to Poland in September were approximately US$17.06 million, a month-on-month increase of 45.15%.
The export volume was approximately 332 tons, an increase of 55.67% month-on-month and 88.90% year-on-year. The export unit price was US$51.42/kg, a month-on-month decrease of 6.76%, and a year-on-year decrease of 16.56%; the average price of “e-cigarettes and similar personal atomization equipment” was US$6.18/unit. Polish e-cigarettes ushered in the peak export period from June to July.
ICEWAVE debuts new technology in the UK!
According to news on November 12, ICEWAVE recently attracted more than 1,000 visitors at the British Vaper Expo new product launch conference.
ICEWAVE will shine at the 2023 Vaper Expo with its new e-cigarette products, innovative features and industry recognition. ICEWAVE comes from ICCPP Group, the world’s leading e-cigarette company. Based on the above reasons, ICEWAVE has been comprehensively upgraded on these three points. The mesh coil has been upgraded to ensure flavor consistency and improve flavor reproduction by 30%. The exclusive patented anti-leakage technology greatly improves the packaging effect. ICCPP’s robust sensory analysis department, developed by EVEREST Laboratories, ensures full compliance with all local regulations while providing the strictest quality control to ensure users receive the highest quality final product.
Kazakhstan’s e-cigarette sales increased 300 times in two years!
On November 12, according to Inform, Yeldos Shodabayev, director of the State Revenue Department of the Kazakhstan Finance Commission (Елдос Саудабаев), revealed that in the first eight months of 2023, Kazakhstan had imported 14,655 liters for electronics. Tobacco oil, taxes and duties of 1.914 billion tenge (approximately RMB 29.78 million) were paid, including a consumption tax of 778 million tenge (approximately RMB 12.09 million), a tariff of 100 million tenge and Value-added tax of 1.036 billion tenge (approximately RMB 16.14 million).
Previously, the Kazakhstan government had decided to completely ban e-cigarettes, related e-liquids and flavorings. MP Nurgul Tau wrote to the Prime Minister calling for a ban on promoting e-cigarettes to teenagers and young people. This decision is based on the voice of the Kazakh people. According to data from the Ministry of Finance, the sales of e-cigarettes in Kazakhstan have increased 300 times in the past two years, and the number of imported e-cigarettes has reached 3 million, showing the high-profit business model of the e-cigarette market.
Krakow, Poland, allows the use of e-cigarettes in public places?
According to news on November 12, according to Eska, the Krakow Municipal Government in Poland decided to abolish the regulations on the establishment of smoke-free zones.
Since 2009, the Krakow City Government has made changes to relevant regulations many times, prohibiting smoking in public places, including bus and rail transit stations, children’s playgrounds, parks, etc. However, at a recent city council meeting, the decree on the establishment of smoke-free zones in public places within the administrative boundaries of Krakow was repealed, along with all related provisions including the ban on the use of e-cigarettes and other tobacco products. Kraków City Councilor Łukasz Gibała asked the mayor at a city hall meeting to consider launching a social campaign aimed at raising public awareness about the ban on smoking at bus stops. Łukasz Gibała said that he has recently received feedback from many citizens that the ban is often not enforced, which affects passengers waiting for buses. Citizens believe that this violation is rarely exposed by city guards and the violators are not punished in any way, making the relevant regulations of smoke-free zones almost a “dead clause.” Therefore, it is worth considering educational actions to expand citizens’ understanding of smoke-free zone regulations.
