Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Australia - 2024

Contents:

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

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

The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.3 per unit in 2022, waning by -8.5% against the previous year. Overall, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2013 an increase of 16% against the previous year. The import price peaked at $0.4 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 France ($0.3 per unit), while the price for China amounted to $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.9 per unit in 2022, flattening at the previous year. In general, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $2.3 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vanuatu ($1.1 per unit), while the average price for exports to Kiribati ($0.5 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 Kiribati (-9.0%), while the prices for the other major destinations experienced a decline.

Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Australia

Imports of lighters; pocket, cigarette, gas fuelled, non-refillables into Australia expanded notably to 55M units in 2022, surging by 15% against the previous year's figure. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables expanded significantly to $17M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 8.8% against the previous year. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable to Australia in 2022:

1. France (52.7M units)
2. China (2.6M units)

Exports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Australia

For the third year in a row, Australia recorded decline in shipments abroad of lighters; pocket, cigarette, gas fuelled, non-refillables, which decreased by -41.1% to 1.4M units in 2022. Over the period under review, exports continue to indicate a significant contraction. The exports peaked at 9.4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables shrank markedly to $1.2M in 2022. Overall, exports continue to indicate a sharp downturn. The smallest decline of -1% was in 2020. The exports peaked at $3.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. New Zealand (1090.7K units)
2. Kiribati (243.9K units)
3. Vanuatu (48.4K units)

Source: IndexBox Market Intelligence Platform