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

Contents:

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

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

The average export price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.1 per unit in 2022, rising by 11% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for lighters; pocket, cigarette, gas fuelled, non-refillables increased by +27.5% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 54%. Over the period under review, the average export prices attained the peak figure at $0.1 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($0.1 per unit), while the average price for exports to Indonesia ($0.1 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 Nigeria (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.2 per unit, picking up by 2.3% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22% against the previous year. The import price peaked at $0.2 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($0.2 per unit), while the price for Thailand (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 4B units of lighters; pocket, cigarette, gas fuelled, non-refillables were exported from China; increasing by 33% against 2021. The total export volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables surged to $377M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Indonesia (608.6M units)
2. Russia (322.8M units)
3. United States (284.4M units)
4. India (227.9M units)
5. Japan (198.2M units)
6. United Arab Emirates (178.0M units)
7. Nigeria (127.3M units)
8. Saudi Arabia (126.2M units)
9. Colombia (101.1M units)
10. Iraq (98.0M units)
11. Libya (87.7M units)
12. Chile (84.7M units)
13. Madagascar (80.2M units)

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

In 2022, the amount of lighters; pocket, cigarette, gas fuelled, non-refillables imported into China fell to 11M units, declining by -8% on 2021 figures. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 3.5% against the previous year. Imports peaked at 15M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables shrank to $1.8M in 2022. In general, imports continue to indicate a pronounced setback. The smallest decline of -1.4% was in 2020. Over the period under review, imports of reached the peak figure at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. Philippines (9.4M units)
2. France (1.2M units)
3. Thailand (0.7M units)

Source: IndexBox Market Intelligence Platform