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

Contents:

  1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Colombia (CIF) - 2022
  2. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Colombia

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

The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.1 per unit in 2022, surging by 19% against the previous year. In general, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 68%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Spain ($0.6 per unit), while the price for China (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 Spain (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Colombia

In 2022, supplies from abroad of lighters; pocket, cigarette, gas fuelled, refillables decreased by -17.4% to 38M units, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 200% against the previous year. As a result, imports reached the peak of 81M units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables reduced modestly to $4.6M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 404%. As a result, imports attained the peak of $5.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.51.82.12.877.6%
China0.52.62.11.544.2%
Hong Kong SARN/A0.80.50.2-50.0%
OthersN/AN/A0.10.10.0%
Total1.15.34.74.661.1%

Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable to Colombia in 2022:

  1. China (32.4M units)
  2. Spain (4.8M units)
  3. Hong Kong SAR (0.9M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Lighters; pocket, cigarette, gas fuelled, refillable - Colombia