Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States - 2023

Contents:

1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States (CIF) - 2023
2. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States (FOB) - 2023
3. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States
4. Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States (CIF) - 2023

The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $251 per thousand units in December 2023, with an increase of 2.5% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 50% m-o-m. As a result, import price reached the peak level of $0.4 per unit. From March 2023 to December 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Spain ($591 per thousand units), while the price for China ($71.0 per thousand units) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States (FOB) - 2023

The average export price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $457 per thousand units in December 2023, shrinking by -33.6% against the previous month. Overall, the export price saw a mild decrease. The pace of growth was the most pronounced in November 2023 an increase of 51% month-to-month. As a result, the export price reached the peak level of $0.7 per unit, and then fell significantly in the following month.

Average prices varied noticeably for the major overseas markets. In December 2023, the country with the highest price was Canada ($455 per thousand units), while the average price for exports to Mexico totaled $446 per thousand units.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+32.4%), while the prices for the other major destinations experienced a decline.

Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States

In 2022, approx. 578M units of lighters; pocket, cigarette, gas fuelled, non-refillables were imported into the United States; picking up by 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. 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, non-refillables contracted to $129M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. As a result, imports reached the peak of $135M, and then declined in the following year.

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

1. France (266.7M units)
2. China (226.3M units)
3. Spain (31.0M units)
4. Indonesia (25.0M units)
5. Thailand (18.7M units)
6. Vietnam (6.8M units)

Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in the United States

In 2022, shipments abroad of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -10.6% to 28M units, falling for the second consecutive year after two years of growth. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 6.4% against the previous year. As a result, the exports reached the peak of 35M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables shrank to $14M in 2022. Over the period under review, exports saw a noticeable descent. The pace of growth appeared the most rapid in 2020 with an increase of 2.2% against the previous year. Over the period under review, the exports of reached the maximum at $17M in 2021, and then dropped in the following year.

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

1. Canada (27.0M units)
2. France (0.5M units)
3. Mexico (0.1M units)

Source: IndexBox Market Intelligence Platform