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

Contents:

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

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

In 2022, the average import price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $3.3 per unit, rising by 13% against the previous year. Overall, the import price posted significant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 289%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($160 per unit), while the price for Germany ($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 France (+67.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, refillables amounted to $3.7 per unit, which is down by -25.7% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 258%. As a result, the export price reached the peak level of $5 per unit, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($24 per unit), while the average price for exports to Indonesia totaled $3.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+54.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of lighters; pocket, cigarette, gas fuelled, refillables, when their volume increased by 124% to 312K units. Overall, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, refillables soared to $1M in 2022. Over the period under review, imports continue to indicate significant growth. 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 Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26826731181945.1%
United States2.72.76.610.456.8%
Hong Kong SARN/A0.4N/A4.6239.1%
GermanyN/AN/AN/A1.20%
United Kingdom1.80.51.01.0-17.8%
Others81.364.590.519433.6%
Total3543354091,03142.8%

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

  1. China (208.9K units)
  2. United States (38.1K units)
  3. Hong Kong SAR (34.2K units)
  4. Germany (17.7K units)
  5. United Kingdom (9.4K units)

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

In 2022, overseas shipments of lighters; pocket, cigarette, gas fuelled, refillables were finally on the rise to reach 238K units after two years of decline. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables soared to $877K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Refillable in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia79.045.690.5717108.6%
Malaysia3.920.572.9125217.6%
Australia6.517.818.513.828.5%
Others6.18.212.221.652.4%
Total95.592.1194877109.4%

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

  1. Indonesia (227.9K units)
  2. Malaysia (5.2K units)
  3. Australia (1.6K units)

Source: IndexBox Market Intelligence Platform

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