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

Contents:

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

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.4 per unit, jumping by 21% against the previous year. Over the period under review, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 72%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($0.3 per unit), while the price for Malaysia stood at $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+51.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.3 per unit, jumping by 16% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 526%. The export price peaked at $0.5 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +39.1% per year.

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

In 2022, supplies from abroad of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -49.1% to 1.3M units, falling for the second year in a row after two years of growth. In general, imports faced a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. As a result, imports attained the peak of 3.6M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables fell sharply to $493K in 2022. Over the period under review, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports attained the peak of $803K, and then fell significantly in the following year.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia269207181186-11.6%
China226230317133-16.2%
France47.3147252N/A130.8%
Others14.356.252.5175130.4%
Total556640803493-3.9%

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

  1. Malaysia (901.9K units)
  2. China (408.9K units)

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

After three years of growth, shipments abroad of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -46.3% to 1M units in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 63,467%. The exports peaked at 1.9M units in 2021, and then contracted dramatically in the following year.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables dropped markedly to $357K in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 46,670%. Over the period under review, the exports of attained the peak figure at $573K in 2021, and then reduced sharply in the following year.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia0.30.548.0356958.7%
BelgiumN/A159N/AN/A0%
United StatesN/A130523N/A302.3%
Others0.30.51.90.626.0%
Total0.6290573357741.1%

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

  1. Indonesia (1027.3K units)

Source: IndexBox Market Intelligence Platform

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