Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States - 2024

Contents:

  1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States (CIF) - 2024
  2. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States (FOB) - 2022
  3. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States
  4. Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States (CIF) - 2024

The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $856 per thousand units in February 2024, rising by 23% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in June 2023 when the average import price increased by 41% month-to-month. As a result, import price reached the peak level of $0.9 per unit. From July 2023 to February 2024, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was China ($876 per thousand units), while the price for Spain totaled $138 per thousand units.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+1.0%).

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States (FOB) - 2022

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $8.8 per unit, which is down by -12.5% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2017 an increase of 36% against the previous year. As a result, the export price reached the peak level of $16 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($23 per unit), while the average price for exports to Suriname ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of lighters; pocket, cigarette, gas fuelled, refillables decreased by -8.4% to 2.5M units, falling for the second year in a row after two years of growth. In general, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 2,700% against the previous year. As a result, imports attained the peak of 50M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables rose remarkably to $65M in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.230.354.356.632.7%
Spain0.40.30.25.7142.4%
France1.70.90.81.3-8.6%
Hong Kong SAR0.80.62.00.4-20.6%
IndiaN/AN/AN/A0.10%
Others0.71.01.00.70.0%
Total27.833.058.364.832.6%

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

  1. China (1459.5K units)
  2. India (398.5K units)
  3. Hong Kong SAR (255.8K units)
  4. Spain (221.2K units)
  5. France (113.7K units)

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

For the fourth year in a row, the United States recorded growth in overseas shipments of lighters; pocket, cigarette, gas fuelled, refillables, which increased by 19% to 420K units in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables rose to $3.7M in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 77% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada48676196298826.7%
SingaporeN/A2.633.8303979.5%
ChinaN/A13.033.3226316.9%
Germany9.027.1487181171.9%
SpainN/A14.2N/A165240.9%
United Kingdom35.541910811548.0%
Australia13.419.428.3110101.7%
NetherlandsN/A329616106-43.2%
Poland60.898.214295.416.2%
Hong Kong SAR83.672.475.888.72.0%
Mexico76.136.828.162.3-6.5%
Japan59.242652155.0-2.4%
SurinameN/AN/AN/A9.00%
Others6433745001,17522.3%
Total1,4672,5913,5353,68135.9%

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

  1. Canada (187.2K units)
  2. Singapore (27.1K units)
  3. Germany (25.3K units)
  4. Spain (13.1K units)
  5. United Kingdom (12.8K units)
  6. Hong Kong SAR (12.7K units)
  7. Australia (12.6K units)
  8. China (9.9K units)
  9. Suriname (8.3K units)
  10. Mexico (8.1K units)
  11. Poland (8.0K units)
  12. Netherlands (5.6K units)
  13. Japan (2.7K units)

Source: IndexBox Market Intelligence Platform

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