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

Contents:

1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Libya (CIF) - 2022
2. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Libya

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $0.1 per unit, shrinking by -4.6% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by 95% against the previous year. Over the period under review, average import prices reached the maximum at $0.1 per unit in 2017; however, from 2018 to 2022, 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 the United Arab Emirates ($0.2 per unit), while the price for China stood at $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%).

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

In 2022, imports of lighters; pocket, cigarette, gas fuelled, refillables into Libya skyrocketed to 24M units, jumping by 127% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 213%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables skyrocketed to $2.2M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 218%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. China (23.3M units)
2. United Arab Emirates (0.3M units)

Source: IndexBox Market Intelligence Platform