In September, China's Export Of Hungarian E-cigarettes Reached Approximately 8.85 Million US Dollars, An Increase Of 46.88% Month On Month

In September, China's export of e-cigarettes to Hungary was approximately 8.85 million US dollars, an increase of 46.88% month on month and 166.48% year-on-year.
According to the trade data updated by the General Administration of Customs of the People's Republic of China, the data on e-cigarettes exported from China to Hungary in September 2023 has been compiled by the two authorities. The details are as follows:
The export volume was approximately 8.85 million US dollars, an increase of 46.88% month on month and 166.48% year-on-year.
The export volume is about 177 tons, a month on month increase of 35.76% and a year-on-year increase of 673.49%.
The export unit price was 49.97 US dollars/kilogram, a decrease of 8.20% month on month and 65.55% year-on-year; The average price of electronic cigarettes and similar personal electronic atomization devices is 53.96 US dollars per unit.
Among them, "electronic cigarettes and similar personal electronic atomization devices" account for 1.22% of the export category, while "non tobacco or reconstituted tobacco, non combustion smoking products containing nicotine" account for 98.78%.
According to Statista's data, the revenue of the e-cigarette market in Hungary is expected to reach 97.6 million US dollars by 2023; The expected annual growth rate of this market is 3.88% (compound annual growth rate from 2023 to 2028); The per capita consumption of e-cigarettes in Hungary is expected to be $10.64 in 2023; Despite the increasing popularity of e-cigarettes globally, the market for these products in Hungary is still relatively small and underdeveloped.