Key Points:
·Ban Content: Ukraine's President signed a new law prohibiting the creation of homemade e-cigarette liquid mixtures.
·Market Impact: The e-cigarette market remains active, with illegal trade reaching billions of hryvnia.
·Tax Loss: Ukraine loses 5 billion hryvnia (approximately $100 million) in tax revenue annually due to the illegal e-cigarette liquid market.
·Regulations: The new regulations prohibit the free distribution or sale of any form of nicotine or e-cigarette liquid, and violators will be subject to heavy fines.
·Market Status: Consumers can still easily purchase homemade kits in cities such as Kyiv.
On September 3, Telegraf reported that Ukrainian President Vladimir Zelensky signed a law banning homemade e-cigarette liquid mixtures. This measure aims to regulate the growing e-cigarette market. The law is part of the "Comprehensive Prevention and Control of Industrial Pollution Act." It will prohibit the production, import, and sale of flavored e-cigarettes in Ukraine starting in July 2024.
Despite the new law, the e-cigarette market remains active. Stores selling e-cigarettes are visible in Kyiv. Illegal transactions are worth billions of hryvnias. The Growford Institute estimates that Ukraine loses 5 billion hryvnias (about 100 million USD) in tax revenue each year due to the illegal e-cigarette liquid market.
The law also bans "DIY kits" for making e-cigarette liquids. These kits are still easily available in stores. Violators face fines of up to 200% of the product's value, with a minimum fine of 24,000 hryvnias (about 581 USD).
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