Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Ghana - 2022

Contents:

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

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.1 per unit, reducing by -24.1% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of 82%. Over the period under review, average import prices hit record highs at $0.2 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Nigeria ($0.2 per unit), while the price for Hong Kong SAR (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 Hong Kong SAR (-6.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.3 per unit in 2022, growing by 38% against the previous year. Overall, the export price saw a moderate expansion. The most prominent rate of growth was recorded in 2018 an increase of 66%. As a result, the export price reached the peak level of $0.5 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($0.3 per unit), while the average price for exports to Burkina Faso totaled $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+7.5%).

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

In 2022, imports of lighters; pocket, cigarette, gas fuelled, non-refillables into Ghana surged to 12M units, rising by 21% against 2021. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 141% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables fell to $1.2M in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 196% against the previous year. Imports peaked at $1.3M in 2021, and then reduced in the following year.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.457.8151752250.9%
France13480496336439.5%
Hong Kong SAR12010166.122.2-43.0%
Nigeria44.441.530.511.5-36.3%
United Arab Emirates0.119.527.29.8361.0%
Others41.837.334.57.3-44.1%
Total3581,0611,2731,16748.3%

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

  1. China (9.7M units)
  2. France (2.1M units)
  3. Hong Kong SAR (0.5M units)
  4. United Arab Emirates (0.1M units)
  5. Nigeria (0.1M units)

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

In 2022, shipments abroad of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -21.7% to 51K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 100%. Over the period under review, the exports of hit record highs at 65K units in 2021, and then shrank rapidly in the following year.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables rose significantly to $14K in 2022. The total export value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, the exports attained the peak of $15K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso10.76.09.18.3-8.1%
Cote d'Ivoire1.69.34.05.954.5%
Others0.10.10.10.10.0%
Total12.315.413.214.35.2%

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

  1. Burkina Faso (33.8K units)
  2. Cote d'Ivoire (17.0K units)

Source: IndexBox Market Intelligence Platform

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