Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama - 2023
Contents:
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama (CIF) - 2022
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama (FOB) - 2022
- Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama
- Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama (CIF) - 2022
The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.2 per unit in 2022, picking up by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Guatemala ($0.2 per unit) and Mexico ($0.2 per unit), while the price for China ($0.2 per unit) and France ($0.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama (FOB) - 2022
The average export price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.7 per unit in 2022, rising by 80% against the previous year. Overall, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 177%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($0.7 per unit), while the average price for exports to Costa Rica amounted to $0.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+28.1%), while the prices for the other major destinations experienced a decline.
Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama
For the third year in a row, Panama recorded decline in supplies from abroad of lighters; pocket, cigarette, gas fuelled, non-refillables, which decreased by -25.3% to 2.5M units in 2022. Over the period under review, imports faced a dramatic decline. The smallest decline of -5.2% was in 2020. Imports peaked at 16M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables contracted rapidly to $577K in 2022. Overall, imports faced a dramatic decline. The smallest decline of -3.2% was in 2020. Over the period under review, imports of attained the maximum at $3.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,158 | 1,785 | 558 | 240 | -51.9% |
| Mexico | 369 | 349 | 147 | 226 | -15.1% |
| China | 302 | 367 | 0.3 | 55.6 | -43.1% |
| Guatemala | 287 | 413 | N/A | 52.7 | -43.2% |
| Others | 51.6 | 151 | 1.8 | 1.9 | -66.7% |
| Total | 3,167 | 3,065 | 707 | 577 | -43.3% |
Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable to Panama in 2022:
- France (1044.0K units)
- Mexico (984.8K units)
- China (241.7K units)
- Guatemala (229.2K units)
Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama
In 2022, shipments abroad of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -79.7% to 252K units, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 5,910%. As a result, the exports reached the peak of 1.3M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables contracted notably to $174K in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 16,543% against the previous year. As a result, the exports attained the peak of $531K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 525 | 329 | 174 | -42.4% |
| Guatemala | 1.7 | 3.7 | 146 | N/A | 826.7% |
| Others | 1.5 | 2.9 | 2.4 | 0.2 | -48.9% |
| Total | 3.2 | 531 | 477 | 174 | 278.8% |
Top Export Markets for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable from Panama in 2022:
- Canada (251.8K units)
499
Global Lighter Market Report 2018. This report provides an in-depth analysis of the global lighter market.
499
Global Lighter Market Report 2018. This report provides an in-depth analysis of the global lighter market.
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