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According to trade data from China Customs, the top vape manufacturer, VPFIT counted the data of China vape exports to Russia in September 2023.
Commodity Name | Electronic cigarettes and similar personal electric vaporizing device | Vaporizer containing nicotine, intended for inhalation without combustion |
Export Value(USD) | 7,117,942.00 | 26,186,826.00 |
Unit of measurement(number of item) | 872,663.00 | – |
Average Price(USD/unit) | 8.16 | – |
Unit of measurement(Ton) | 87.06 | 622.20 |
Average Price(USD/kg) | 81.76 | 42.09 |
China e-cigarette export to Russia value and growth rate(Jun to Sep 2023)
In September 2023, the total value of Chinese vape export to Russia reached at approximately US$33.3 million. It is a month-on-month increase of 5.56% and a year-on-year decrease of 24.05%.
China vape export to Russia weight and growth rate(Jun to Sep 2023)
The total export weight of vapes from China to Russia in that month was approximately 709 tons. The export weight gets a month-on-month increase of 3.34%, and a year-on-year decrease of 1.99%.
The export unit price of China vape to Russia was US$46.96/kg, a 2.14% month-on-month increase and 22.51% year-on-year decrease. The average price of “e-cigarettes and similar personal vaporizing equipment” was US$8.16/unit.
Among them, “electronic cigarettes and similar personal electronic vaporizing devices” accounted for 21.37% of the export categories. However, “electronic vaporizer products containing nicotine, intended for inhalation without combustion” accounted for 78.63%.
According to Statista data, the e-cigarette market revenue in Russia is expected to reach US$1.1 billion in 2023. In addition, the market is expected to have an annual growth rate of 2.80% (compound annual growth rate from 2023 to 2028). Moreover, taking the total population into account, their per capita consumption is approximately US$8.93. Therefore, under the circumstances of increased consumer demand and regulatory contraction, the Russian e-cigarette market has also begun to turn from rapid growth.
Moreover, among the countries along the “Belt and Road”, Russia is a largest export destination of China vapes.
From January 2022 to September 2023, China vapes totally exported US$872 million in value to Russia, and 15,888 tons in total weight.