Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia - 2024
Contents:
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia (CIF) - 2022
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia (FOB) - 2022
- Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia
- Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia (CIF) - 2022
The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $12 per unit in 2022, surging by 154% against the previous year. Overall, the import price posted a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 1,663% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21 per unit), while the price for Hong Kong SAR ($6.9 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 (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia (FOB) - 2022
In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $0.2 per unit, increasing by 26% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 52%. The export price peaked at $0.4 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($0.2 per unit), while the average price for exports to Thailand stood at $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-2.8%), while the prices for the other major destinations experienced a decline.
Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia
In 2022, overseas purchases of lighters; pocket, cigarette, gas fuelled, refillables decreased by -57.3% to 161K units, falling for the second consecutive year after two years of growth. Overall, imports faced a sharp decline. The pace of growth appeared the most rapid in 2020 when imports increased by 140%. As a result, imports reached the peak of 4.3M 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 amounted to $1.9M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 77% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 455 | 1,018 | 1,618 | 1,655 | 53.8% |
| United States | 142 | 89.7 | 138 | 223 | 16.2% |
| Hong Kong SAR | 13.1 | 13.7 | 9.3 | 32.0 | 34.7% |
| Others | 36.2 | 20.1 | 13.3 | 15.8 | -24.1% |
| Total | 647 | 1,142 | 1,778 | 1,925 | 43.8% |
Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable to Malaysia in 2022:
- China (143.9K units)
- United States (10.4K units)
- Hong Kong SAR (4.6K units)
Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia
In 2022, the amount of lighters; pocket, cigarette, gas fuelled, refillables exported from Malaysia contracted remarkably to 210K units, waning by -53.5% against the year before. In general, exports faced a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 139%. As a result, the exports reached the peak of 451K units, and then contracted notably in the following year.
In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables reduced notably to $44K in 2022. Overall, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 56%. The exports peaked at $94K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 89.4 | 38.8 | 59.8 | 42.9 | -21.7% |
| Thailand | N/A | N/A | 15.1 | 1.1 | -92.7% |
| Indonesia | 4.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 9.4 | N/A | N/A | 0% |
| Total | 94.1 | 48.2 | 75.0 | 44.1 | -22.3% |
Top Export Markets for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable from Malaysia in 2022:
- Singapore (189.5K units)
- Thailand (20.0K units)
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