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

Contents:

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

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

The average import price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.1 per unit in 2022, leveling off at the previous year. Over the period under review, the import price saw a temperate increase. The pace of growth was the most pronounced in 2021 an increase of 59%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($0.2 per unit), while the price for Hong Kong SAR ($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 China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for lighters; pocket, cigarette, gas fuelled, refillables stood at $0.2 per unit in 2021, approximately mirroring the previous year. Over the period under review, the export price showed a dramatic decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 26% against the previous year. The export price peaked at $5.7 per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for Panama amounted to -11.4% per year.

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

In 2022, imports of lighters; pocket, cigarette, gas fuelled, refillables into Venezuela shrank to 2.9M units, reducing by -12.3% compared with the previous year's figure. Over the period under review, imports continue to indicate a sharp downturn. Imports peaked at 6.6M 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 dropped to $347K in 2022. Overall, imports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of $393K, and then contracted in the following year.

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

1. China (2010.0K units)
2. Hong Kong SAR (476.2K units)
3. Vietnam (314.2K units)
4. Spain (53.7K units)

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

In 2022, overseas shipments of lighters; pocket, cigarette, gas fuelled, refillables decreased by 99.9% to less than 0.1 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant decline. Over the period under review, the exports of attained the peak figure at 1.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, refillables shrank significantly to $140 in 2022. Overall, exports faced a dramatic descent. The exports peaked at $353 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Netherlands (1.1K units)

Source: IndexBox Market Intelligence Platform