Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $3,311 per ton, jumping by 75% against the previous year. In general, the import price posted a tangible expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,392 per ton), while the price for Pakistan ($1,371 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,875 per ton, falling by -7.5% against the previous year. In general, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2015 an increase of 28%. The export price peaked at $3,619 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,652 per ton), while the average price for exports to Democratic Republic of the Congo ($92 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 the Philippines (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Ethiopia amounted to 797 tons in 2022, growing by 9.8% against 2021. Overall, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 15%.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses skyrocketed to $2.6M in 2022. In general, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3311,0411,1502,43222.3%
United Arab Emirates23.69.621.965.740.7%
Pakistan25.19.547.647.023.3%
Others19714815793.1-22.1%
Total1,5771,2081,3762,63818.7%

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

  1. China (716.8 tons)
  2. Pakistan (34.3 tons)
  3. United Arab Emirates (26.2 tons)

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

In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses exported from Ethiopia dropped to 4.4 tons, falling by -14.9% against 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 71%. As a result, the exports attained the peak of 5.2 tons, and then contracted in the following year.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses dropped rapidly to $13K in 2022. Over the period under review, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, the exports attained the peak of $16K, and then shrank remarkably in the following year.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya1,05574.02812,67836.4%
United States1,3695178951,042-8.7%
Germany3842,3751,03392734.1%
Belgium1773451,11271058.9%
Italy1,0402081,548611-16.2%
PhilippinesN/AN/A100512412.0%
SenegalN/AN/A567339-40.2%
TunisiaN/AN/AN/A2720%
GuineaN/AN/AN/A1740%
France460N/A803163-29.2%
FinlandN/AN/A9.01021033.3%
Taiwan (Chinese)N/AN/A99.045.0-54.5%
Democratic Republic of the CongoN/AN/AN/A31.00%
Others7,2255,1509,6585,079-11.1%
Total11,7108,66916,10512,6852.7%

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

  1. Kenya (718.0 kg)
  2. United States (413.0 kg)
  3. Italy (364.0 kg)
  4. Finland (337.0 kg)
  5. Democratic Republic of the Congo (336.0 kg)
  6. Germany (164.0 kg)
  7. Belgium (158.0 kg)
  8. Senegal (154.0 kg)
  9. Guinea (130.0 kg)
  10. Philippines (117.0 kg)
  11. Tunisia (115.0 kg)
  12. Taiwan (Chinese) (112.0 kg)
  13. France (104.0 kg)

Source: IndexBox Market Intelligence Platform

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