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

Contents:

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

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $6,119 per ton, with an increase of 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. 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 highest price was recorded for prices from the United States ($6,119 per ton) and China ($6,119 per ton), while the price for Italy ($6,118 per ton) and Spain ($6,118 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), 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 Egypt (FOB) - 2022

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $7,337 per ton in 2022, waning by -18.5% against the previous year. In general, the export price, however, saw a mild expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 29% against the previous year. The export price peaked at $9,000 per ton in 2021, and then shrank rapidly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($7,337 per ton), while the average price for exports to Australia totaled $7,336 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the third consecutive year, Egypt recorded decline in supplies from abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which decreased by -31.2% to 207 tons in 2022. In general, imports recorded a abrupt descent. The smallest decline of -11.3% was in 2021.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses dropped notably to $1.3M in 2022. Overall, imports continue to indicate a abrupt descent. The smallest decline of -4.3% was in 2021.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6821,5711,188972-16.7%
United States21.62.511.973.950.7%
Poland91.691.162.966.2-10.3%
Turkey41.719.533.436.8-4.1%
Spain50.80.717.226.4-19.6%
Italy10.60.820.021.626.8%
Others11084.336068.8-14.5%
Total2,0091,7701,6941,266-14.3%

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

  1. China (158.8 tons)
  2. United States (12.1 tons)
  3. Poland (10.8 tons)
  4. Turkey (6.0 tons)
  5. Spain (4.3 tons)
  6. Italy (3.5 tons)

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

Exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses from Egypt soared to 6.9 tons in 2022, increasing by 98,629% on the year before. Over the period under review, exports posted significant growth.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses skyrocketed to $51K in 2022. In general, exports saw a significant increase.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A39.50%
KuwaitN/AN/AN/A10.90%
United Kingdom4.2N/AN/A0.3-58.5%
Sudan1.5320N/AN/A21233.3%
Others0.50.30.10.1-41.5%
Total6.33200.150.7100.4%

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

  1. Australia (5.4 tons)
  2. Kuwait (1.5 tons)

Source: IndexBox Market Intelligence Platform

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