According to trade data updated by the General Administration of Customs, reporters calculated data on vapes exported from China to South Korea in March 2024. details as follows:
The export volume was approximately US$62.25 million, a month-on-month increase of 80.62% and a year-on-year decrease of 5.05%.
The export volume was approximately 2,560 tons, a month-on-month increase of 93.17%, and a year-on-year increase of 38.71%.
The export unit price was US$24.32/kg, down 6.50% month-on-month and 31.55% year-on-year; the average price of “vapes and similar personal atomization equipment” was US$2.26/unit.
Among them, “vapes and similar personal atomization devices” accounted for 14.03% of the export categories, while “non-combusted products that do not contain tobacco or reconstituted tobacco and contain nicotine” accounted for 85.97%.
The latest trade data shows that China’s vape exports to South Korea in March 2024 showed a growing trend. For a brand like veehoo vapes that is actively expanding into overseas markets, these data represent opportunities and challenges. This article will explore the impact of China’s vape exports to South Korea on the veehoo vape brand.
Part One: Growth Trend of China’s vape Export Data
According to trade data, the value of vapes exported from China to South Korea in March 2024 was approximately US$62.25 million, a month-on-month increase of 80.62%, and the export volume was approximately 2,560 tons, a month-on-month increase of 93.17%. This growth trend shows the potential and attractiveness of Chinese vapes in the Korean market.
Part Two: Benefits and opportunities of veehoo vape brand
As an vape brand that focuses on quality and user experience, veehoo vapes are expected to benefit from the growth of China’s vape exports. Growing export figures mean more opportunities to enter the Korean market, expand brand awareness and attract more consumers. Veehoo vapes can take advantage of this opportunity to provide high-quality products and excellent user services to further consolidate its position in the Korean market.
Part Three: Addressing Challenges and Improving Competitiveness
The market for vapes exported from China to South Korea is fiercely competitive, and veehoo vapes need to cope with new challenges and improve their competitiveness. Quality, safety and compliance will be key factors in attracting consumers. Veehoo vapes can further strengthen product quality control, safety certification and compliance with local regulations to build brand image. In addition, the company can also strengthen marketing and improve its visibility and reputation in the Korean market.
In conclusion:
The data of vapes exported from China to South Korea is both an opportunity and a challenge for the veehoo vape brand. The growing export data provides veehoo vapes with an opportunity to enter the Korean market. The brand can attract more consumers by providing high-quality products and excellent services. However, the market competition is fierce, and veehoo vapes need to strengthen quality control, safety certification and compliance, and increase marketing efforts to enhance competitiveness and brand awareness. By proactively responding to challenges and seizing opportunities, veehoo vapes are expected to achieve long-term success in the Korean market.
Tags: China’s export data of vapes to South Korea，Korean vape sales trends，veehoo vape