Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada - 2024

Contents:

  1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada (CIF) - 2024
  2. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada (FOB) - 2022
  3. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada
  4. Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada (CIF) - 2024

In January 2024, the average import price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $1.5 per unit, shrinking by -79.8% against the previous month. Overall, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in June 2023 an increase of 1,066% m-o-m. Over the period under review, average import prices attained the maximum at $12.0 per unit in April 2023; however, from May 2023 to January 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($5.0 per unit), while the price for China ($1.4 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Spain (-4.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.2 per unit in 2022, dropping by -23.3% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 79% against the previous year. The export price peaked at $0.3 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($0.2 per unit) and Spain ($0.2 per unit), while the average price for exports to Macao SAR ($0.2 per unit) and the UK ($0.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+46.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada

In 2022, imports of lighters; pocket, cigarette, gas fuelled, refillables into Canada soared to 2.3M units, increasing by 168% on 2021. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables skyrocketed to $5.9M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.51.32.04.645.3%
SpainN/A0.10.11.0216.2%
Others0.40.20.30.3-9.1%
Total1.91.62.35.945.9%

Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable to Canada in 2022:

  1. China (2252.2K units)
  2. Spain (65.5K units)

Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada

In 2022, approx. 754K units of lighters; pocket, cigarette, gas fuelled, refillables were exported from Canada; picking up by 354% against the previous year's figure. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,314% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables soared to $143K in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,497%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.156.835.692.5162.7%
Macao SARN/AN/AN/A33.80%
SpainN/AN/AN/A15.90%
United Kingdom1.281.05.60.5-25.3%
Others2.3N/AN/A0.3-49.3%
Total8.613841.1143155.2%

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

  1. United States (487.9K units)
  2. Macao SAR (178.0K units)
  3. Spain (83.8K units)
  4. United Kingdom (2.6K units)

Source: IndexBox Market Intelligence Platform

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