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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,003 per ton in 2022, surging by 4% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,838 per ton), while the price for Lithuania ($3,417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.8%), 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 Germany (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $11,024 per ton, reducing by -10.8% against the previous year. Over the period under review, the export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $14,548 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($90,276 per ton), while the average price for exports to Poland ($5,736 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 China (+11.1%), 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 Germany

For the fourth year in a row, Germany recorded growth in supplies from abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 5.3% to 25K tons in 2022. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 5.5% against the previous year. Over the period under review, imports of hit record highs 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 expanded significantly to $127M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China50.441.556.069.111.1%
Poland11.815.018.720.620.4%
Netherlands1.98.711.89.168.6%
India3.41.72.92.7-7.4%
Turkey3.23.63.12.1-13.1%
Lithuania0.60.70.72.049.4%
Belgium1.82.93.81.91.8%
Others13.117.618.619.113.4%
Total86.191.711612713.8%

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

  1. China (15.4K tons)
  2. Poland (4.7K tons)
  3. Netherlands (1.5K tons)
  4. Lithuania (0.6K tons)
  5. Turkey (0.5K tons)
  6. India (0.4K tons)
  7. Belgium (0.2K tons)

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

Exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses from Germany reached 6.8K tons in 2022, picking up by 5.7% against the previous year's figure. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6.2%. Over the period under review, the exports of attained the maximum in 2022 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 to $75M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 6.1%. As a result, the exports attained the peak of $79M, and then dropped in the following year.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.524.222.818.7-8.6%
Switzerland6.27.28.38.08.9%
Poland4.45.36.16.312.7%
Austria6.36.26.96.30.0%
France4.75.06.46.08.5%
Netherlands3.43.63.83.51.0%
United Kingdom3.43.03.23.2-2.0%
Italy1.71.62.12.412.2%
Spain2.32.42.52.41.4%
Czech Republic1.51.61.82.010.1%
Belgium1.71.51.71.70.0%
Sweden1.31.31.21.42.5%
Others14.012.012.712.8-2.9%
Total75.474.879.374.8-0.3%

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

  1. Switzerland (1168.6 tons)
  2. Poland (1104.4 tons)
  3. France (790.1 tons)
  4. Austria (705.7 tons)
  5. United Kingdom (370.5 tons)
  6. Italy (367.8 tons)
  7. Netherlands (321.1 tons)
  8. Spain (308.9 tons)
  9. Czech Republic (210.1 tons)
  10. China (207.4 tons)
  11. Belgium (183.1 tons)
  12. Sweden (168.0 tons)

Source: IndexBox Market Intelligence Platform

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