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

Contents:

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

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

The average import price for lighters; pocket, cigarette, gas fuelled, non-refillables stood at $0.1 per unit in 2022, shrinking by -17% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. As a result, import price reached the peak level of $0.1 per unit, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($0.1 per unit), while the price for Vietnam ($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 Thailand (+0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for lighters; pocket, cigarette, gas fuelled, non-refillables amounted to $0.2 per unit, jumping by 21% against the previous year. In general, the export price, however, continues to indicate a perceptible decline. Over the period under review, the average export prices reached the peak figure at $0.3 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($0.3 per unit) and Singapore ($0.2 per unit), while the average price for exports to the Philippines ($0.2 per unit) and Vietnam ($0.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Malaysia recorded growth in supplies from abroad of lighters; pocket, cigarette, gas fuelled, non-refillables, which increased by 36% to 150M units in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 39%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of lighters; pocket, cigarette, gas fuelled, non-refillables rose remarkably to $15M in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines0.92.94.85.886.1%
Thailand5.33.63.85.61.9%
China1.11.14.42.531.5%
Vietnam0.30.30.10.838.7%
Others0.1N/AN/A0.344.2%
Total7.77.913.315.024.9%

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

  1. Thailand (62.2M units)
  2. Philippines (44.6M units)
  3. China (30.5M units)
  4. Vietnam (11.7M units)

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

In 2022, overseas shipments of lighters; pocket, cigarette, gas fuelled, non-refillables decreased by -32.8% to 12M units for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 13%. The exports peaked at 18M units in 2021, and then fell notably in the following year.

In value terms, exports of lighters; pocket, cigarette, gas fuelled, non-refillables fell remarkably to $2.5M in 2022. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 9%. As a result, the exports reached the peak of $3.1M, and then fell dramatically in the following year.

Export of Lighters; Pocket, Cigarette, Gas Fuelled, Non-Refillable in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1,2601,6061,5291,2910.8%
Thailand819470846601-9.8%
Hong Kong SAR511463420369-10.3%
Singapore232200169168-10.2%
Vietnam10228.352.735.8-29.5%
Others48.250.954.926.4-18.2%
Total2,9712,8193,0722,491-5.7%

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

  1. Indonesia (6.5M units)
  2. Thailand (3.2M units)
  3. Hong Kong SAR (1.5M units)
  4. Singapore (0.7M units)
  5. Vietnam (0.2M units)

Source: IndexBox Market Intelligence Platform

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