Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates - 2022

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates (CIF) - 2022
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates (FOB) - 2022
  3. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates
  4. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $0.9 per unit, picking up by 9.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $1.4 per unit in 2015; however, from 2016 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 South Korea ($3.3 per unit), while the price for Saudi Arabia ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates (FOB) - 2022

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.1 per unit in 2022, picking up by 63% against the previous year. Overall, the export price enjoyed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($3.8 per unit), while the average price for exports to Democratic Republic of the Congo ($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 Uganda (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates

In 2022, overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -25.3% to 69M units, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2020 when imports increased by 73% against the previous year. As a result, imports reached the peak of 124M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses fell notably to $63M in 2022. Overall, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.1% 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 decreased by -26.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports reached the peak of $86M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.051.450.728.6-3.7%
Saudi Arabia1.84.15.86.049.4%
South KoreaN/AN/AN/A3.50%
India1.00.81.63.145.8%
Turkey0.70.90.91.116.3%
Belgium9.319.03.20.5-62.3%
Iran0.90.60.40.2-39.4%
Others11.99.214.620.319.5%
Total57.886.177.363.33.1%

Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to the United Arab Emirates in 2022:

  1. China (28.3M units)
  2. Saudi Arabia (27.3M units)
  3. Turkey (3.1M units)
  4. India (1.2M units)
  5. South Korea (1.1M units)
  6. Belgium (1.0M units)
  7. Iran (0.7M units)

Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates

In 2022, exports of glass mirrors; whether or not framed, including rear-view mirrorses from the United Arab Emirates skyrocketed to 16M units, growing by 234% on the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses surged to $32M in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia0.40.40.513.9226.3%
KuwaitN/AN/A0.13.73600.0%
Oman1.81.82.63.018.6%
QatarN/AN/AN/A2.50%
Bahrain0.1N/AN/A1.3135.1%
JordanN/A0.1N/A0.9200.0%
ChinaN/AN/AN/A0.90%
Tanzania0.1N/A0.10.10.0%
Democratic Republic of the CongoN/AN/AN/AN/A0%
Others2.51.82.55.832.4%
Total4.94.25.932.187.1%

Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from the United Arab Emirates in 2022:

  1. Saudi Arabia (3.6M units)
  2. Oman (1.8M units)
  3. Kuwait (1.7M units)
  4. Qatar (1.6M units)
  5. Jordan (1.3M units)
  6. Bahrain (0.7M units)
  7. Tanzania (0.4M units)
  8. China (0.4M units)
  9. Democratic Republic of the Congo (0.3M units)

Source: IndexBox Market Intelligence Platform

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