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

Contents:

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

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $0.5 per unit, approximately mirroring the previous year. Overall, the export price, however, showed a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 80% against the previous year. Over the period under review, the average export prices attained the maximum at $0.6 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +11.3% per year.

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $0.2 per unit, falling by -44.8% against the previous year. In general, the import price continues to indicate a dramatic setback. The growth pace was the most rapid in 2016 when the average import price increased by 74% against the previous year. The import price peaked at $4.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($0.4 per unit), while the price for China totaled $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%).

Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Bangladesh

For the fourth year in a row, Bangladesh recorded growth in shipments abroad of lighters; pocket, cigarette, gas fuelled, refillables, which increased by 20% to 1.6M units in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables skyrocketed to $832K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Switzerland (1.6M units)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of lighters; pocket, cigarette, gas fuelled, refillables, when their volume decreased by -15.8% to 2.2M units. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 302%. As a result, imports reached the peak of 2.6M units, and then shrank dramatically in the following year.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables fell significantly to $368K in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of $791K, and then shrank rapidly in the following year.

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

1. China (2173.0K units)
2. India (41.2K units)

Source: IndexBox Market Intelligence Platform