Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico - 2023

Contents:

  1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico (CIF) - 2023
  2. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico (FOB) - 2022
  3. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico
  4. Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico (CIF) - 2023

The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $57.3 per thousand units in October 2023, remaining constant against the previous month. Over the period under review, the import price saw a slight expansion. The import price peaked in October 2023.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to October 2023, the rate of growth in terms of prices for China amounted to +0.8% per month.

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.3 per unit, which is down by -28.5% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 101% against the previous year. The export price peaked at $0.4 per unit in 2021, and then shrank sharply in the following year.

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 Panama ($0.6 per unit), while the average price for exports to Colombia ($0.3 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 Panama (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico

For the third consecutive year, Mexico recorded decline in overseas purchases of lighters; pocket, cigarette, gas fuelled, non-refillables, which decreased by -97.4% to 1.1M units in 2022. In general, imports faced a precipitous decline. The smallest decline of -25.9% was in 2021. Imports peaked at 99M 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 fell rapidly to $198K in 2022. Overall, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $31M, and then fell notably in the following year.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.40.70.50.2-20.6%
Hong Kong SAR0.10.10.2N/A41.4%
Spain4.23.92.9N/A-16.9%
Vietnam1.81.30.8N/A-33.3%
United States2.42.81.6N/A-18.4%
France16.911.924.8N/A21.1%
India0.30.10.3N/A0.0%
OthersN/AN/AN/AN/A0%
Total26.120.831.20.2-80.3%

Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable to Mexico in 2022:

  1. China (1.1M units)

Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico

Exports of lighters; pocket, cigarette, gas fuelled, non-refillables from Mexico surged to 65K units in 2022, jumping by 104% on 2021 figures. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 442%. As a result, the exports attained the peak of 99K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables surged to $19K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 380%. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia4.318.010.916.155.3%
Panama0.52.70.41.026.0%
El Salvador0.21.10.50.426.0%
PeruN/A0.10.10.10.0%
Others0.33.31.21.778.3%
Total5.325.213.119.253.6%

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

  1. Colombia (60.2K units)
  2. Panama (1.7K units)
  3. El Salvador (0.8K units)
  4. Peru (0.6K units)

Source: IndexBox Market Intelligence Platform

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