Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR - 2023
Contents:
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR (CIF) - 2022
- Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR (FOB) - 2022
- Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR
- Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR (CIF) - 2022
The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.3 per unit in 2022, reducing by -20.7% against the previous year. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 36%. As a result, import price reached the peak level of $0.5 per unit. From 2020 to 2022, the average import prices remained at a 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 ($3 per unit), while the price for the United States ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR (FOB) - 2022
The average export price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.3 per unit in 2022, growing by 15% against the previous year. Overall, the export price, however, saw a mild shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 113%. As a result, the export price attained the peak level of $0.7 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($4.4 per unit), while the average price for exports to Mexico (less than $0.1 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 Russia (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in supplies from abroad of lighters; pocket, cigarette, gas fuelled, refillables, which increased by 47% to 58M units in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables soared to $15M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 2.3 | 3.9 | 8.7 | 66.1% |
| China | 3.1 | 1.9 | 2.6 | 1.8 | -16.6% |
| Japan | 1.4 | 2.9 | 2.3 | 1.6 | 4.6% |
| South Korea | 1.0 | 1.2 | 1.4 | 1.5 | 14.5% |
| France | 3.3 | 2.6 | 2.3 | 1.2 | -28.6% |
| Others | 0.4 | 0.2 | 0.5 | 0.4 | 0.0% |
| Total | 11.1 | 11.2 | 13.0 | 15.1 | 10.8% |
Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable to Hong Kong SAR in 2022:
- United States (46.2M units)
- South Korea (5.9M units)
- Japan (3.4M units)
- China (2.3M units)
- France (0.4M units)
Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR
In 2022, exports of lighters; pocket, cigarette, gas fuelled, refillables from Hong Kong SAR reduced sharply to 15M units, which is down by -46% compared with the year before. In general, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports of hit record highs at 35M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables shrank markedly to $5.1M in 2022. Overall, exports showed a sharp decrease. The smallest decline of -6.1% was in 2020. Over the period under review, the exports of hit record highs at $11M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 72.5 | 176 | 662 | 1,325 | 163.4% |
| United States | 1,368 | 746 | 1,829 | 725 | -19.1% |
| Philippines | N/A | 0.5 | 6.8 | 643 | 3486.1% |
| Taiwan (Chinese) | 18.6 | 48.5 | 83.8 | 268 | 143.3% |
| Argentina | 1,093 | 658 | 622 | 144 | -49.1% |
| Germany | 587 | 56.6 | 299 | 136 | -38.6% |
| Mexico | 53.4 | 18.8 | 18.2 | 28.8 | -18.6% |
| South Africa | 31.7 | 30.6 | 42.8 | 23.3 | -9.8% |
| Canada | 23.1 | 15.2 | 11.9 | 13.2 | -17.0% |
| United Kingdom | 291 | 3.2 | 4.4 | 9.0 | -68.6% |
| Others | 7,146 | 8,279 | 4,597 | 1,750 | -37.4% |
| Total | 10,684 | 10,032 | 8,178 | 5,064 | -22.0% |
Top Export Markets for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable from Hong Kong SAR in 2022:
- United States (9.5M units)
- Taiwan (Chinese) (1.0M units)
- Mexico (0.9M units)
- South Africa (0.7M units)
- Germany (0.6M units)
- Philippines (0.5M units)
- Canada (0.3M units)
- United Kingdom (0.3M units)
- Macao SAR (0.3M units)
- Argentina (0.2M units)
531
Global Lighter Market Report 2018. This report provides an in-depth analysis of the global lighter market.
531
Global Lighter Market Report 2018. This report provides an in-depth analysis of the global lighter market.
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