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

Contents:

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

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

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $4,089 per ton in 2022, growing by 17% against the previous year. Overall, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 69%. As a result, the export price reached the peak level of $7,886 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($12,122 per ton), while the average price for exports to Romania ($3,063 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 Netherlands (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $5,783 per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2013 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum at $6,695 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($37,496 per ton), while the price for Latvia ($2,937 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses decreased by -10% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.6% against the previous year. As a result, the exports reached the peak of 2.8K tons, and then fell in the following year.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses expanded sharply to $10M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +39.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Germany (835.9 tons)
2. United States (338.8 tons)
3. Italy (253.7 tons)
4. Spain (144.3 tons)
5. France (142.0 tons)
6. Poland (141.5 tons)
7. Netherlands (125.9 tons)
8. Canada (86.5 tons)
9. United Arab Emirates (74.7 tons)
10. United Kingdom (69.0 tons)
11. Sweden (54.0 tons)
12. Romania (46.2 tons)
13. Russia (27.0 tons)

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

Imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Lithuania soared to 462 tons in 2022, growing by 20% compared with 2021 figures. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $2.7M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Poland (185.8 tons)
2. Latvia (137.5 tons)
3. China (45.5 tons)
4. Germany (25.1 tons)
5. Finland (11.8 tons)
6. Italy (9.4 tons)
7. Belarus (8.6 tons)
8. Russia (1.4 tons)

Source: IndexBox Market Intelligence Platform