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

Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Vietnam (FOB) - 2022
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Vietnam (CIF) - 2022
Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Vietnam
Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Vietnam

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

The average export price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.1 per unit in 2022, falling by -6.8% against the previous year. In general, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 32% against the previous year. The export price peaked at $0.3 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($0.1 per unit) and Chile ($0.1 per unit), while the average price for exports to Venezuela ($0.1 per unit) and France ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-3.0%), while the prices for the other major destinations experienced a decline.

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

The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.2 per unit in 2022, increasing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($0.2 per unit) and Thailand ($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 Thailand (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of lighters; pocket, cigarette, gas fuelled, non-refillables exported from Vietnam skyrocketed to 111M units, growing by 32% on 2021. The total export volume increased at an average annual rate of +12.7% over the period 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, non-refillables surged to $17M in 2022. In general, exports, however, showed a pronounced reduction. The exports peaked at $18M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	6.1	7.0	6.8	6.3	1.1%
Mexico	N/A	N/A	0.7	1.8	157.1%
France	N/A	N/A	0.2	1.8	800.0%
Chile	1.0	0.8	0.9	1.3	9.1%
United Kingdom	1.0	1.1	0.7	0.9	-3.5%
Germany	2.1	0.8	0.7	0.9	-24.6%
Malaysia	0.3	0.2	0.2	0.7	32.6%
United States	2.5	4.0	1.1	0.6	-37.9%
Japan	0.6	0.3	0.4	0.4	-12.6%
Denmark	0.1	0.2	0.2	0.3	44.2%
South Korea	0.5	0.4	0.3	0.3	-15.7%
Venezuela	N/A	N/A	N/A	0.3	0%
Slovenia	1.2	0.9	0.3	0.2	-45.0%
Others	2.6	1.2	0.9	0.8	-32.5%
Total	18.0	16.9	13.5	16.5	-2.9%

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

Netherlands (42.4M units)
Mexico (12.4M units)
France (11.9M units)
Chile (8.6M units)
United Kingdom (6.2M units)
Germany (6.0M units)
Malaysia (4.9M units)
United States (3.9M units)
Japan (2.5M units)
Venezuela (2.3M units)
South Korea (2.0M units)
Denmark (1.8M units)
Slovenia (1.3M units)

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

For the fourth year in a row, Vietnam recorded growth in supplies from abroad of lighters; pocket, cigarette, gas fuelled, non-refillables, which increased by 22% to 14M units in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% 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 +69.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables soared to $3.2M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	504	674	828	2,055	59.8%
France	729	595	1,045	573	-7.7%
United States	0.7	167	111	329	677.5%
Thailand	158	251	69.5	209	9.8%
Malaysia	117	27.5	61.8	38.5	-31.0%
Others	N/A	6.7	13.2	6.7	0.0%
Total	1,509	1,722	2,128	3,212	28.6%