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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,184 per ton in 2022, increasing by 64% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the maximum at $5,239 per ton in 2016; afterwards, it flattened through to 2022.

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 China ($6,455 per ton), while the price for Iran ($2,940 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,667 per ton in 2022, which is down by -1.6% against the previous year. Over the period under review, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 53% against the previous year. As a result, the export price attained the peak level of $12,637 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($52,500 per ton), while the average price for exports to Turkey ($4,353 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 Turkey (-5.5%).

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

In 2022, supplies from abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses decreased by -27.1% to 3.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports reached the peak of 5.7K 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 surged to $17M in 2022. In general, imports showed a noticeable shrinkage.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.513.18.411.91.1%
Iran3.93.94.03.3-5.4%
Turkey1.71.21.31.2-11.0%
Others0.40.30.20.1-37.0%
Total17.518.413.816.5-1.9%

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

  1. China (1850.1 tons)
  2. Iran (1107.6 tons)
  3. Turkey (210.6 tons)

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

After two years of decline, overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses increased by 224% to 120 kg in 2022. Overall, exports, however, faced a sharp setback.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $680 in 2022. Over the period under review, exports, however, faced a precipitous contraction.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,5171,198197505-30.7%
United Arab EmiratesN/AN/AN/A1050%
South KoreaN/AN/AN/A70.00%
Iran651N/AN/AN/A0%
Others15.0N/A16.0N/A3.3%
Total2,1831,198213680-32.2%

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

  1. Turkey (116.0 kg)
  2. United Arab Emirates (2.0 kg)
  3. South Korea (2.0 kg)

Source: IndexBox Market Intelligence Platform

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