Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya - 2022
Contents:
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya (CIF) - 2022
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya (FOB) - 2022
- Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya
- Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya (CIF) - 2022
In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.2 per unit, with an increase of 31% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lighters; pocket, cigarette, gas fuelled, non-refillables increased by +47.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 71% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1.4 per unit), while the price for China amounted to less than $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya (FOB) - 2022
The average export price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.2 per unit in 2022, reducing by -11.2% against the previous year. Over the period under review, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in 2013 an increase of 50%. The export price peaked at $0.7 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +4.3% per year.
Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya
In 2022, overseas purchases of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -50.4% to 549K units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Imports peaked at 1.1M units in 2021, and then reduced markedly in the following year.
In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables contracted dramatically to $104K in 2022. Over the period under review, imports saw a noticeable descent. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. As a result, imports attained the peak of $160K, and then declined notably in the following year.
| Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 13.5 | 11.2 | 21.0 | 42.8 | 46.9% |
| China | 24.9 | 31.1 | 27.7 | 19.1 | -8.5% |
| Netherlands | 45.8 | 50.7 | 62.2 | N/A | 16.5% |
| Others | 29.6 | 25.6 | 49.2 | 41.9 | 12.3% |
| Total | 114 | 119 | 160 | 104 | -3.0% |
Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable to Kenya in 2022:
- China (516.8K units)
- Spain (30.2K units)
Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya
For the third year in a row, Kenya recorded decline in shipments abroad of lighters; pocket, cigarette, gas fuelled, non-refillables, which decreased by -28.2% to 63K units in 2022. Overall, exports saw a abrupt slump. The smallest decline of -11% was in 2021. Over the period under review, the exports of hit record highs at 111K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables fell remarkably to $14K in 2022. Over the period under review, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $36K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 12.5 | 7.1 | 13.9 | 13.5 | 2.6% |
| Uganda | 18.4 | 28.5 | 6.8 | N/A | -39.2% |
| Others | 0.4 | 0.1 | 0.5 | N/A | 11.8% |
| Total | 31.3 | 35.7 | 21.2 | 13.5 | -24.4% |
Top Export Markets for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable from Kenya in 2022:
- Tanzania (62.9K units)
497
Global Lighter Market Report 2018. This report provides an in-depth analysis of the global lighter market.
497
Global Lighter Market Report 2018. This report provides an in-depth analysis of the global lighter market.
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