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

Contents:

  1. Price for Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Libya (CIF) - 2022
  2. Imports of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Libya

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

The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.1 per unit in 2022, falling by -3.6% against the previous year. In general, the import price, however, posted prominent growth. The pace of growth was the most pronounced in 2017 an increase of 61%. As a result, import price reached the peak level of $0.3 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.0% per year.

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

After three years of growth, purchases abroad of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -7.6% to 62M units in 2022. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 67M units, and then fell in the following year.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables contracted to $8.2M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $9.2M, and then dropped in the following year.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.86.99.28.212.2%
OthersN/A0.3N/AN/A0%
Total5.97.29.28.211.6%

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

  1. China (61.6M units)

Source: IndexBox Market Intelligence Platform

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