Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK - 2024
Contents:
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK (CIF) - 2024
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK (FOB) - 2022
- Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK
- Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK (CIF) - 2024
The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $293 per thousand units in January 2024, surging by 12% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 135% m-o-m. As a result, import price reached the peak level of $0.4 per unit. From June 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($917 per thousand units), while the price for China ($144 per thousand units) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK (FOB) - 2022
In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $1.6 per unit, rising by 45% against the previous year. Overall, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($4.5 per unit), while the average price for exports to France ($0.5 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 Ireland (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK
In 2022, overseas purchases of lighters; pocket, cigarette, gas fuelled, refillables decreased by -0.7% to 110M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 110M units, leveling off in the following year.
In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables declined to $27M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $29M, and then declined in the following year.
| Import of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 9.4 | 12.0 | 15.6 | 30.6% |
| Spain | 10.3 | 8.0 | 14.7 | 8.6 | -5.8% |
| Vietnam | 0.7 | 0.9 | 0.6 | 0.7 | 0.0% |
| Others | 2.1 | 2.2 | 1.6 | 2.4 | 4.6% |
| Total | 20.1 | 20.5 | 28.9 | 27.3 | 10.7% |
Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable to the UK in 2022:
- China (87.8M units)
- Spain (15.5M units)
- Vietnam (5.3M units)
Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK
In 2022, the amount of lighters; pocket, cigarette, gas fuelled, refillables exported from the UK declined markedly to 944K units, with a decrease of -30.5% against 2021. Overall, exports faced a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 6.3%. Over the period under review, the exports of attained the peak figure at 2.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables amounted to $1.5M in 2022. In general, exports continue to indicate a abrupt contraction. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 25.9 | 15.9 | 369 | 435 | 156.1% |
| Ireland | 231 | 313 | 201 | 335 | 13.2% |
| Spain | 62.6 | 85.9 | 391 | 276 | 64.0% |
| France | 80.6 | 89.1 | 150 | 164 | 26.7% |
| Belgium | 60.4 | 65.5 | 87.5 | 48.5 | -7.1% |
| Greece | 134 | 132 | 20.4 | 41.4 | -32.4% |
| Germany | 364 | 156 | 28.0 | 38.7 | -52.6% |
| Bulgaria | 393 | 100 | N/A | N/A | -74.6% |
| Others | 485 | 564 | 247 | 166 | -30.0% |
| Total | 1,836 | 1,522 | 1,494 | 1,505 | -6.4% |
Top Export Markets for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable from the UK in 2022:
- France (354.3K units)
- Spain (259.5K units)
- Netherlands (123.5K units)
- Ireland (74.9K units)
- Greece (64.5K units)
- Belgium (38.4K units)
- Germany (10.4K units)
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