In the wave of changes in the global tobacco industry, new tobacco products are gradually emerging and becoming the focus of industry attention. With the improvement of consumers' health awareness and the deepening of their understanding of the harm of traditional tobacco, new tobacco products are rapidly rising in the market with their relatively low harm and diversified usage experience.
At the same time, countries are constantly improving their regulatory policies on new tobacco products, which not only affects the development direction of the industry, but also presents a unique situation at the import and export trade level.
Next, we will analyze in depth the specific situation of my country's new tobacco products in terms of customs codes, import and export scale, and product structure.
1. HS Code for New Tobacco Products
Before 2022, my country did not have a clear customs code for new tobacco products. After 2022, my country's customs codes were adjusted, with a new item 2404 added, mainly various non-combusted tobacco substitutes, and e-cigarettes and similar personal electronic atomization devices were separately proposed, listed as code 85434000, reflecting the global strengthening of supervision on new tobacco products such as e-cigarettes. According to the "International Convention on the Harmonized Commodity Name and Coding System" designated by the World Customs Organization, the statistical names and HS codes of the import and export trade of the new tobacco products industry in China's customs are:

The export proportion of disposable e-cigarettes will be close to 75% in 2024

2. Import scale continued to decline slightly
Since the domestic new tobacco products industry has a very complete industrial chain and the output of new tobacco products is far higher than the demand of the domestic new tobacco products market, the overall level of import trade in my country's new tobacco products industry is not high. In 2023, the total import value of my country's new tobacco products industry was US$52 million, a year-on-year decrease of 11.01%. From January to November 2024, the total import value of my country's new tobacco products industry was US$40 million.

The export proportion of disposable e-cigarettes will be close to 75% in 2024

3. Imports of disposable e-cigarettes account for nearly 97%

From the perspective of the import product structure of my country's new tobacco products industry from January to November 2024, other nicotine-containing products that are not burned and inhaled (disposable electronic cigarettes, cigarette cartridges, e-liquids, etc.) have the highest import proportion, accounting for 96.95%, followed by other nicotine-containing products that ingest nicotine through the mouth (snocturnal cigarettes), with an import proportion of 2.74%.

The export proportion of disposable e-cigarettes will be close to 75% in 2024

4. Imports may further increase in 2024

Compared with import trade, my country's export trade of new tobacco products has a greater advantage in the international new tobacco products market. Benefiting from my country's complete manufacturing industry chain and outstanding cost advantages, my country is currently the world's largest exporter of new tobacco products, and China's new tobacco products supply most of the world's new tobacco products market. In 2023, the export value of my country's new tobacco products industry products totaled US$11.264 billion, a year-on-year increase of 12.62%. From January to November 2024, the export value of my country's new tobacco products industry products totaled US$9.962 billion.

The export proportion of disposable e-cigarettes will be close to 75% in 2024

5. The export proportion of disposable e-cigarettes is close to 75%
Judging from the export product structure of my country's new tobacco products industry in 2023, the export of other nicotine-containing products that are not burned (disposable electronic cigarettes, cartridges, e-liquids, etc.) accounted for 74.61%, followed by electronic cigarettes and similar personal electronic atomization devices, with an export share of 25.27%.

The export proportion of disposable e-cigarettes will be close to 75% in 2024

来源:前瞻网

 

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