Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China - 2024
Contents:
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China (FOB) - 2024
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China (CIF) - 2022
- Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China
- Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China (FOB) - 2024
The average export price for lighters; pocket, cigarette, gas fuelled, refillables stood at $121 per thousand units in February 2024, increasing by 14% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($740 per thousand units), while the average price for exports to Oman ($57.0 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China (CIF) - 2022
The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $69 per unit in 2022, with an increase of 46% against the previous year. Over the period under review, the import price saw a moderate increase. The most prominent rate of growth was recorded in 2015 an increase of 325%. Over the period under review, average import prices attained the maximum at $211 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($295 per unit), while the price for the United States ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+144.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China
For the fourth consecutive year, China recorded growth in shipments abroad of lighters; pocket, cigarette, gas fuelled, refillables, which increased by 15% to 3.1B units in 2022. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables surged to $385M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 46.4 | 41.2 | 70.0 | 73.2 | 16.4% |
| United States | 20.9 | 22.6 | 34.9 | 37.2 | 21.2% |
| United Arab Emirates | 18.8 | 22.2 | 20.9 | 35.6 | 23.7% |
| Spain | 18.4 | 16.5 | 20.4 | 28.4 | 15.6% |
| Nigeria | 7.6 | 13.7 | 24.3 | 19.3 | 36.4% |
| Germany | 18.3 | 14.8 | 17.0 | 18.9 | 1.1% |
| South Korea | 13.1 | 14.3 | 13.7 | 12.6 | -1.3% |
| Argentina | 2.0 | 5.4 | 8.2 | 12.3 | 83.2% |
| Iraq | 1.4 | 3.8 | 2.9 | 10.1 | 93.2% |
| Russia | 4.6 | 4.5 | 7.0 | 9.6 | 27.8% |
| Poland | 6.4 | 6.9 | 8.1 | 8.7 | 10.8% |
| Indonesia | 7.5 | 6.0 | 7.3 | 8.7 | 5.1% |
| United Kingdom | 7.3 | 9.9 | 10.9 | 8.6 | 5.6% |
| Others | 89.3 | 80.6 | 88.5 | 102 | 4.5% |
| Total | 262 | 262 | 334 | 385 | 13.7% |
Top Export Markets for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable from China in 2022:
- India (648.4M units)
- United Arab Emirates (395.9M units)
- Spain (172.0M units)
- Nigeria (147.4M units)
- Germany (128.5M units)
- Argentina (114.2M units)
- Russia (99.6M units)
- Indonesia (98.1M units)
- Iraq (94.0M units)
- South Korea (84.9M units)
- Poland (76.1M units)
- United States (75.5M units)
- United Kingdom (70.0M units)
Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China
In 2022, overseas purchases of lighters; pocket, cigarette, gas fuelled, refillables decreased by -53.3% to 60K units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 219%. As a result, imports attained the peak of 347K 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 shrank sharply to $4.1M in 2022. Over the period under review, imports recorded a noticeable descent. The pace of growth was the most pronounced in 2020 when imports increased by 46%. As a result, imports attained the peak of $6.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,802 | 2,029 | 2,797 | 2,303 | 8.5% |
| Switzerland | 869 | 679 | 977 | 385 | -23.8% |
| United States | 887 | 2,287 | 885 | 216 | -37.6% |
| Japan | 10.2 | 124 | 145 | 177 | 158.9% |
| Italy | 8.4 | 31.2 | 43.5 | 34.5 | 60.1% |
| Hong Kong SAR | 801 | 306 | 12.9 | 24.4 | -68.8% |
| Vietnam | N/A | N/A | 0.7 | 18.6 | 2557.1% |
| Others | 23.3 | 952 | 1,174 | 950 | 244.2% |
| Total | 4,401 | 6,409 | 6,035 | 4,108 | -2.3% |
Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable to China in 2022:
- United States (15.8K units)
- Japan (9.8K units)
- France (7.8K units)
- Switzerland (4.3K units)
- Italy (1.4K units)
- Hong Kong SAR (1.4K units)
- Vietnam (1.0K units)
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