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

Contents:

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

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,636 per ton, with a decrease of -42.6% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 125%. The import price peaked at $4,594 per ton in 2021, and then shrank significantly in the following year.

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 the United Arab Emirates ($4,625 per ton), while the price for China ($2,313 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.3%), 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 Ghana (FOB) - 2022

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $2,019 per ton in 2022, growing by 13% against the previous year. In general, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 an increase of 121%. The export price peaked at $3,998 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Togo ($5,490 per ton), while the average price for exports to Switzerland ($51 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 Togo (+12.6%), 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 Ghana

In 2022, approx. 487 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into Ghana; with an increase of 65% compared with the previous year. Overall, imports posted measured growth. The pace of growth appeared the most rapid in 2020 when imports increased by 239%. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses shrank to $1.3M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 663% against the previous year. As a result, imports attained the peak of $3.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3353,5441,0721,00744.3%
Turkey14.419.020.138.138.3%
Spain3.020.213.824.5101.4%
Others15024924621412.6%
Total5023,8321,3521,28436.8%

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

  1. China (435.1 tons)
  2. Spain (8.7 tons)
  3. Turkey (8.6 tons)

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

Exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses from Ghana amounted to 1.7 tons in 2022, picking up by 6.5% compared with the year before. Over the period under review, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 276%. As a result, the exports reached the peak of 8.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $3.5K in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 195%. As a result, the exports attained the peak of $7K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire4142,70334.058612.3%
Togo19053338152740.5%
Mali1934202332214.6%
Angola10.075.080.0164154.1%
Burkina Faso52.032810510526.4%
United Kingdom4.020.025.0105197.2%
South Africa15.048.039.073.069.5%
DjiboutiN/AN/AN/A43.00%
GuamN/AN/AN/A33.00%
United States23.077.087.027.05.5%
Tanzania13.028.016.019.013.5%
Netherlands14915038.017.0-51.5%
SwitzerlandN/AN/AN/A4.00%
Others1,2982,5831,8381,5365.8%
Total2,3616,9652,8763,46013.6%

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

  1. Cote d'Ivoire (426.0 kg)
  2. Burkina Faso (218.0 kg)
  3. Mali (114.0 kg)
  4. Togo (96.0 kg)
  5. Angola (84.0 kg)
  6. Netherlands (83.0 kg)
  7. Switzerland (79.0 kg)
  8. United Kingdom (69.0 kg)
  9. Guam (66.0 kg)
  10. Tanzania (55.0 kg)
  11. South Africa (39.0 kg)
  12. Djibouti (39.0 kg)
  13. United States (36.0 kg)

Source: IndexBox Market Intelligence Platform

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