Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Australia - 2024

Contents:

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

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

The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.5 per unit in 2022, increasing by 7.6% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 16%. Over the period under review, average import prices attained the peak figure at $1.4 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($23 per unit), while the price for China ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $6.2 per unit, jumping by 450% against the previous year. In general, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2019 an increase of 1,896% against the previous year. As a result, the export price attained the peak level of $17 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($124 per unit), while the average price for exports to Papua New Guinea ($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 Hong Kong SAR (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of lighters; pocket, cigarette, gas fuelled, refillables, when their volume decreased by -6.1% to 5.6M units. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +38.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of 6M units, and then shrank in the following year.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables amounted to $2.9M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 31%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. China (5.5M units)

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

In 2022, approx. 26K units of lighters; pocket, cigarette, gas fuelled, refillables were exported from Australia; declining by -94% compared with the year before. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 5,813% against the previous year. As a result, the exports attained the peak of 432K units, and then reduced dramatically in the following year.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables contracted rapidly to $162K in 2022. Overall, exports showed a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 3,449% against the previous year. As a result, the exports reached the peak of $490K, and then dropped sharply in the following year.

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

1. New Zealand (20.4K units)
2. Sweden (4.3K units)
3. Hong Kong SAR (1.1K units)

Source: IndexBox Market Intelligence Platform