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

Contents:

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

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.2 per unit, increasing by 8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2013 an increase of 36% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.2 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($0.5 per unit), while the average price for exports to Spain ($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 Morocco (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $16 per thousand units in 2022, with a decrease of -33.3% against the previous year. In general, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure at $61 per thousand units in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($140 per thousand units), while the price for China stood at $13 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-1.3%).

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

In 2022, the amount of lighters; pocket, cigarette, gas fuelled, non-refillables exported from India reduced to 9.7M units, with a decrease of -14% on the year before. In general, exports saw a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of 11M units, and then declined in the following year.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables fell to $1.8M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $1.9M, and then shrank in the following year.

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

1. Spain (6.5M units)
2. United States (1.3M units)
3. Turkey (1.0M units)
4. United Arab Emirates (0.7M units)

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

In 2022, imports of lighters; pocket, cigarette, gas fuelled, non-refillables into India soared to 50M units, growing by 242% against the previous year's figure. Overall, imports showed a significant expansion. 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, non-refillables skyrocketed to $775K in 2022. In general, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (48.5M units)
2. Philippines (0.8M units)

Source: IndexBox Market Intelligence Platform