Rapid Growth in China’s E-cigarette Exports to Spain in September 2023

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Rapid Growth in China's E-cigarette Exports to Spain in September 2023

China’s e-cigarette exports to Spain in September 2023 reached $8.6 million, with a year-on-year increase of 11.23%.

According to the latest trade data released by the General Administration of Customs of the People’s Republic of China, 2FIRSTS has compiled the e-cigarette statistics for China’s exports to Spain in September 2023. The details are as follows:

Rapid Growth in China's E-cigarette Exports to Spain in September 2023
Image source: 2FIRSTS (Map by Mincy)

 

Exports amounted to approximately $8.6 million, showing a 6.25% increase compared to the previous period, and an 11.23% increase year-on-year.

Rapid Growth in China's E-cigarette Exports to Spain in September 2023
Source: 2FIRSTS (Mincy Diagram)

 

The export volume reached approximately 217 tons, showing a monthly increase of 17.43% and a year-on-year growth of 85.22%.

Rapid Growth in China's E-cigarette Exports to Spain in September 2023
Image source: 2FIRSTS (created by Mincy)

 

The average export unit price is $39.50 per kilogram, reflecting a decrease of 9.52% compared to the previous period and a decline of 39.95% compared to the same period last year. The average price of “e-cigarettes and similar personal electronic vaporizers” is $8.59 per unit.

Rapid Growth in China's E-cigarette Exports to Spain in September 2023
Image source: 2FIRSTS (Mincy Graphics)

 

Among them, “e-cigarettes and similar personal electronic vaporizers” account for 13.39% of the export product category, while “non-combustible products without tobacco or reconstituted tobacco, containing nicotine for inhalation” account for 86.61%.

Rapid Growth in China's E-cigarette Exports to Spain in September 2023
Source of the picture: 2FIRSTS (Mincy diagram)

 

According to data from Statista, the revenue of the e-cigarette market in Spain is projected to reach $194.2 million by 2023. The market is expected to have a compound annual growth rate of 2.21% between 2023 and 2028. When calculated per capita, it is estimated that the average e-cigarette consumption in Spain will be $4.49 in 2023. In recent years, the popularity of e-cigarettes has surged in Spain, with more and more Spaniards turning to e-cigarettes as an alternative to traditional tobacco products.

 

Disclaimer: 
This article is translated from an original Chinese article available on 2firsts.cn by AI, and has been reviewed and edited by 2FIRSTS’s English editorial team. The Chinese original text is the only authoritative source of information. The exclusive copyright and license rights to this article are held by 2FIRSTS Technology Co., Ltd. Any reproduction, reprinting, or redistribution of this article, either in part or in full, requires express written permission from 2FIRSTS and must include clear attribution along with a link to this content. Non-compliance may result in legal action. 2FIRSTS Technology Co., Ltd. reserves the right to pursue legal actions in case of unauthorized use or distribution.

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