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US Vape Import Unit Price Drop to $1, China Vape Keep First

US Vape Import Value And Growth Rate(Jan-Aug 2023)

US Vape Import Value And Growth Rate(Jan-Aug 2023)

According to data released by the U.S. International Trade Commission, in August 2023, the United States imported US$69.153 million vapes. It is an increase of 3.97% from July and a decrease of 13.49% from the same period last year. The average import unit price of vapes fell below US$1 for the first time. China vapes Keeps the largest import source to the US. Indonesia vape becomes the second largest vape exporter to the United States.

 

The US total import value of vape devices in August decreased by 13.49% year-on-year.

In August 2023, the United States imported $69.153 million in vapes (approximately 504 million yuan), an increase of 3.97% from July and a decrease of 13.49% from the same period last year.

US Vape Import Weight And Growth Rate(Million Pcs, Jan-Aug 2023)

US Vape Import Weight And Growth Rate(Million Pcs, Jan-Aug 2023)

In August, the United States imported 45.304 million vaping devices (only calculate the sticks amount). It is an increase of 6.91% from July and a year-on-year increase of 22.88% from August last year.

 

The average import unit price of vapes fell below US$1/piece for the first time.

US Vape Import Unit Price And Trend(Jan-Aug 2023)

US Vape Import Unit Price And Trend(Jan-Aug 2023)

The average import unit price of vapes in the United States in August was US$0.91 per stick, a month-on-month decrease of 21.8%, falling below US$1 for the first time. Since the beginning of this year, the price of imported vapes in the United States has been in a volatile decline. The price of imported vapes in July rose to US$1.16 per stick from US$1.12 per stick in June. And the average unit price dropped significantly in August.

Comparison of key import and export figures between China and the US

Comparison of key import and export figures between China and the US

China vapes Keeps the largest import source to the US. Indonesia becomes the second largest vape exporter to the United States.

In August, the main import sources of vapes into the United States is Chinese vapes(54.3%) and Indonesia vapes (41.5%). Chicago (43.7%), Charlotte (40.4%), and San Francisco (5.9%), Miami (4.4%) are the main import ports.

In addition, the import share of Charlotte Port increased significantly in August. Chicago and Charlotte Ports became the two main vape import poles in the United States.

 

In August, the China Customs data shows that China vape exports to the United States were US$252 million. While the U.S. International Trade Commission announced that vapes from China were US$37.571 million, which was only 14.89% of China’s vape exports data to the United States.

 

Note: The above data is analyzed from the United States International Trade Commission (General Imports)