Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria - 2023

Contents:

  1. Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (CIF) - 2022
  2. Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (FOB) - 2022
  3. Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria
  4. Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria

Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (CIF) - 2022

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $2,620 per ton in 2022, growing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30%. Over the period under review, average import prices reached the peak figure at $3,195 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Germany ($10,411 per ton), while the price for China ($2,053 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,054 per ton, waning by -5.6% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 47%. As a result, the export price reached the peak level of $10,969 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($14,750 per ton), while the average price for exports to Poland ($1,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in overseas purchases of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 1.8% to 1.7K tons in 2022. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses skyrocketed to $4.5M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4711,8862,2862,70222.5%
Romania12.415.9206373211.0%
Poland499324383263-19.2%
Turkey74.259.214321943.4%
Others64257966990612.2%
Total2,6982,8643,6864,46218.3%

Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Bulgaria in 2022:

  1. China (1315.6 tons)
  2. Poland (114.3 tons)
  3. Turkey (81.8 tons)
  4. Romania (64.8 tons)

Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria

In 2022, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses from Bulgaria surged to 1.2K tons, rising by 34% on 2021 figures. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 283% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $2.4M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 53%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania2909471,0621,02452.3%
Greece20225731248133.5%
Serbia16015114427319.5%
Bosnia and Herzegovina28.210811819490.2%
Georgia8.053.939.2136157.1%
KosovoN/A2.69.541.3298.6%
Poland26.716.348.333.17.4%
Others34792.3145198-17.1%
Total1,0621,6291,8772,38030.9%

Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Bulgaria in 2022:

  1. Romania (582.1 tons)
  2. Greece (190.9 tons)
  3. Serbia (150.4 tons)
  4. Bosnia and Herzegovina (109.5 tons)
  5. Georgia (46.6 tons)
  6. Kosovo (21.9 tons)
  7. Poland (19.2 tons)

Source: IndexBox Market Intelligence Platform

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