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

Contents:

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

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

The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.2 per unit in 2022, surging by 10% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lighters; pocket, cigarette, gas fuelled, refillables increased by +13.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 27%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Germany ($2.7 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $0.3 per unit, declining by -2.7% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for lighters; pocket, cigarette, gas fuelled, refillables increased by +87.1% against 2013 indices. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. As a result, the export price reached the peak level of $0.3 per unit, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($0.8 per unit), while the average price for exports to Latvia ($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 Germany (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of lighters; pocket, cigarette, gas fuelled, refillables into Lithuania expanded remarkably to 4M units in 2022, surging by 8.7% against 2021 figures. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables soared to $787K 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 +16.5% 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 +58.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 21%. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. China (2113.1K units)
2. Latvia (804.3K units)
3. Spain (674.2K units)
4. Turkey (138.3K units)
5. Poland (113.2K units)
6. Netherlands (99.0K units)

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

In 2022, approx. 1.3M units of lighters; pocket, cigarette, gas fuelled, refillables were exported from Lithuania; falling by -11% compared with the year before. Over the period under review, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of attained the peak figure at 1.5M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables declined to $342K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of $395K, and then shrank in the following year.

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

1. Croatia (391.0K units)
2. Latvia (259.8K units)
3. Italy (220.2K units)
4. Estonia (168.1K units)
5. Belarus (140.2K units)
6. Armenia (39.4K units)
7. Poland (36.8K units)

Source: IndexBox Market Intelligence Platform