Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark - 2023

Contents:

1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark (CIF) - 2023
2. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark (FOB) - 2022
3. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark
4. Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark (CIF) - 2023

In October 2023, the average import price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $249 per thousand units, with an increase of 1.6% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +4.3%. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 36% m-o-m. Over the period under review, average import prices hit record highs in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($284 per thousand units), while the price for Germany ($164 per thousand units) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark (FOB) - 2022

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.5 per unit, falling by -10.7% against the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $0.8 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1.7 per unit), while the average price for exports to Germany ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark

In 2022, after two years of decline, there was significant growth in purchases abroad of lighters; pocket, cigarette, gas fuelled, non-refillables, when their volume increased by 69% to 15M units. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables soared to $2.5M in 2022. Overall, imports, however, faced a deep contraction. Over the period under review, imports of attained the maximum at $3.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable to Denmark in 2022:

1. France (3.8M units)
2. Vietnam (3.7M units)
3. China (3.3M units)
4. Sweden (2.0M units)
5. Germany (1.1M units)
6. Netherlands (0.5M units)

Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Denmark

In 2022, approx. 170K units of lighters; pocket, cigarette, gas fuelled, non-refillables were exported from Denmark; shrinking by -91.7% against 2021. Overall, exports recorded a dramatic setback. The smallest decline of -26% was in 2020. The exports peaked at 11M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables shrank notably to $82K in 2022. Over the period under review, exports recorded a sharp downturn. The smallest decline of -23.1% was in 2020. Over the period under review, the exports of attained the maximum at $4.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable from Denmark in 2022:

1. Greenland (85.7K units)
2. Germany (44.2K units)
3. Faroe Islands (37.3K units)
4. Sweden (0.8K units)
5. Norway (0.4K units)
6. Netherlands (0.3K units)

Source: IndexBox Market Intelligence Platform