Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala - 2023
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala (CIF) - 2022
In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $3,903 per ton, picking up by 11% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 19% against the previous year. As a result, import price attained the peak level of $3,957 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,148 per ton), while the price for Mexico ($3,399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+6.7%), 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 Guatemala (FOB) - 2022
The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $2,782 per ton in 2022, dropping by -26.6% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. As a result, the export price reached the peak level of $5,625 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
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 Nicaragua ($7,026 per ton), while the average price for exports to Colombia ($1,195 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 Nicaragua (+4.1%), 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 Guatemala
In 2022, after three years of growth, there was significant decline in overseas purchases of glass mirrors; framed, excluding rear-view mirrors for vehicleses, when their volume decreased by -20.3% to 620 tons. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 778 tons, and then plummeted in the following year.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses dropped to $2.4M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 50% against the previous year.
| Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 619 | 760 | 1,793 | 1,839 | 43.8% |
| Mexico | 199 | 104 | 315 | 194 | -0.8% |
| United States | 254 | 996 | 280 | 147 | -16.7% |
| El Salvador | 155 | 151 | 154 | 31.2 | -41.4% |
| Others | 231 | 168 | 205 | 210 | -3.1% |
| Total | 1,457 | 2,180 | 2,746 | 2,421 | 18.4% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Guatemala in 2022:
- China (502.8 tons)
- Mexico (57.1 tons)
- United States (20.6 tons)
- El Salvador (5.7 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala
In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses exported from Guatemala declined significantly to 14 tons, with a decrease of -55.5% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of 32 tons, and then reduced notably in the following year.
In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses dropped notably to $40K in 2022. Overall, exports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of $123K, and then declined dramatically in the following year.
| Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 22.3 | 19.4 | 37.3 | 20.1 | -3.4% |
| Honduras | 23.7 | 23.7 | 33.0 | 6.9 | -33.7% |
| United States | 3.4 | 2.3 | 2.4 | 2.9 | -5.2% |
| Costa Rica | 1.0 | 2.3 | 26.2 | 1.5 | 14.5% |
| Nicaragua | 10.2 | 19.4 | 16.5 | 1.4 | -48.4% |
| Mexico | 1.5 | 1.5 | 1.1 | 1.3 | -4.7% |
| Panama | 10.6 | 4.2 | 3.7 | 1.2 | -51.6% |
| Colombia | 0.6 | 0.2 | 0.3 | 0.3 | -20.6% |
| Spain | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Others | 3.4 | 21.8 | 2.1 | 4.1 | 6.4% |
| Total | 76.8 | 94.8 | 123 | 40.1 | -19.5% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Guatemala in 2022:
- El Salvador (7.8 tons)
- United States (1.7 tons)
- Honduras (1.6 tons)
- Mexico (0.5 tons)
- Costa Rica (0.3 tons)
- Colombia (0.3 tons)
- Spain (0.3 tons)
- Panama (0.2 tons)
- Nicaragua (0.2 tons)
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