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

Contents:

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

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $0.2 per unit, jumping by 17% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2016 an increase of 24% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($1.5 per unit), while the price for India ($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 (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2020, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $0.5 per unit, dropping by -13.6% against the previous year. Overall, the export price, however, continues to indicate a temperate increase. The growth pace was the most rapid in 2016 when the average export price increased by 57% against the previous year. As a result, the export price reached the peak level of $0.6 per unit. From 2017 to 2020, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Belgium ($1 per unit), while the average price for exports to Canada (less than $0.1 per unit) was amongst the lowest.

From 2015 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Guinea-Bissau (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of lighters; pocket, cigarette, gas fuelled, refillables into Morocco soared to 5.4M units in 2022, jumping by 52% compared with 2021 figures. Over the period under review, imports, however, showed a pronounced contraction. Imports peaked at 6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables soared to $1.2M in 2022. In general, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. India (2.3M units)
2. Spain (1.5M units)
3. China (1.4M units)
4. Germany (0.1M units)

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

In 2020, exports of lighters; pocket, cigarette, gas fuelled, refillables from Morocco fell markedly to 117 units, with a decrease of -37.8% on the year before. In general, exports showed a precipitous shrinkage. Over the period under review, the exports of reached the maximum at 188 units in 2019, and then contracted notably in the following year.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables shrank notably to $57 in 2020. Over the period under review, exports saw a dramatic slump. The exports peaked at $106 in 2019, and then declined rapidly in the following year.

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

1. Canada (58.0 units)
2. Spain (55.0 units)
3. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform