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

Contents:

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

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.3 per unit, rising by 23% against the previous year. In general, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2016 an increase of 56%. The import price peaked at $0.4 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1 per unit), while the price for China amounted to $0.2 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $35 per unit, approximately mirroring the previous year. In general, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2014 an increase of 881%. The export price peaked in 2022 and is likely to continue growth in the near future.

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 Saudi Arabia ($44 per unit), while the average price for exports to the United Arab Emirates ($16 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+45.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -54.1% to 626K units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 41%. As a result, imports attained the peak of 1.8M units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables dropped significantly to $212K in 2022. Over the period under review, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2.7% against the previous year. Imports peaked at $446K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (538.0K units)
2. France (81.1K units)

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

In 2022, the amount of lighters; pocket, cigarette, gas fuelled, non-refillables exported from Kuwait totaled 4 units, remaining stable against 2021. Overall, exports faced a sharp curtailment. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the maximum at 12 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $140 in 2022. In general, exports continue to indicate a precipitous slump. The smallest decline of 99.9% was in 2021. The exports peaked at $281 in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

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

1. Qatar (2.0 units)
2. United Arab Emirates (1.0 units)
3. Saudi Arabia (1.0 units)

Source: IndexBox Market Intelligence Platform