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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $11,408 per ton in 2022, falling by -1.6% against the previous year. Overall, the import price recorded a pronounced reduction. The pace of growth was the most pronounced in 2016 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $13,972 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($18,710 per ton), while the price for the Netherlands ($4,926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $13,105 per ton in 2022, picking up by 8.4% against the previous year. Overall, the export price, however, saw a noticeable slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $29,910 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($23,082 per ton), while the average price for exports to the Netherlands ($4,021 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 United Arab Emirates (+35.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 132 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into Luxembourg; picking up by 32% against 2021 figures. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $1.5M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.6% 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 +93.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium11622027858271.2%
Germany26131838437112.4%
Italy1491602051908.4%
France59.187.210913331.0%
Netherlands27.078.385.711260.7%
Spain6.710.236.235.975.0%
China64.38.03.24.7-58.2%
Others93.396.351.874.3-7.3%
Total7769781,1541,50224.6%

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

  1. Belgium (53.5 tons)
  2. Germany (24.0 tons)
  3. Netherlands (22.7 tons)
  4. France (13.9 tons)
  5. Italy (10.1 tons)
  6. Spain (2.6 tons)
  7. China (0.5 tons)

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

In 2022, approx. 1.4 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were exported from Luxembourg; shrinking by -6.8% compared with 2021. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses reached $18K in 2022. In general, exports faced a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 44%.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium9.79.87.25.9-15.3%
France3.40.40.54.05.6%
United Arab EmiratesN/AN/AN/A2.60%
Italy0.80.23.41.831.0%
United KingdomN/AN/AN/A0.90%
Germany2.80.54.80.9-31.5%
Netherlands1.11.00.90.6-18.3%
PolandN/AN/AN/A0.30%
Azerbaijan1.40.10.20.3-40.2%
Algeria2.5N/AN/AN/A0%
Others4.80.50.90.9-42.8%
Total26.412.518.018.2-11.7%

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

  1. France (318.0 kg)
  2. Belgium (255.0 kg)
  3. United Arab Emirates (200.0 kg)
  4. Italy (173.0 kg)
  5. Netherlands (140.0 kg)
  6. United Kingdom (100.0 kg)
  7. Germany (63.0 kg)
  8. Poland (36.0 kg)
  9. Azerbaijan (23.0 kg)

Source: IndexBox Market Intelligence Platform

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