Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Canada - 2024

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $6,789 per ton in 2022, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($6,789 per ton) and India ($6,789 per ton), while the price for Italy ($6,789 per ton) and China ($6,789 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.3%), 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 Canada (FOB) - 2022

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,841 per ton in 2022, with a decrease of -33.8% against the previous year. Overall, the export price recorded a noticeable downturn. The growth pace was the most rapid in 2021 when the average export price increased by 25%. As a result, the export price attained the peak level of $8,828 per ton, and then reduced rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.7% per year.

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

In 2022, supplies from abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses decreased by -16% to 14K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 11%.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses totaled $98M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China51.760.972.572.511.9%
United States10.210.66.26.5-13.9%
Poland1.92.24.14.129.2%
India2.22.43.83.415.6%
Vietnam2.12.52.93.113.9%
Italy1.20.81.31.57.7%
Taiwan (Chinese)1.21.31.61.32.7%
Others5.04.84.45.74.5%
Total75.585.696.898.09.1%

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

  1. China (10.7K tons)
  2. United States (1.0K tons)
  3. Poland (0.6K tons)
  4. India (0.5K tons)
  5. Vietnam (0.5K tons)
  6. Italy (0.2K tons)
  7. Taiwan (Chinese) (0.2K tons)

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

Exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses from Canada surged to 1.8K tons in 2022, with an increase of 28% compared with 2021. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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; framed, excluding rear-view mirrors for vehicleses reduced notably to $11M in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of $13M, and then declined significantly in the following year.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.49.612.410.4-5.7%
Others0.20.20.30.314.5%
Total12.69.912.710.7-5.3%

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

  1. United States (1781.9 tons)

Source: IndexBox Market Intelligence Platform

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