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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,556 per ton in 2022, rising by 76% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses increased by +121.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($6,826 per ton), while the price for Malaysia ($2,724 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 (+7.9%), 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 Oman (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $3,278 per ton, picking up by 44% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. Over the period under review, the average export prices hit record highs at $9,686 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($9,396 per ton), while the average price for exports to Somalia ($1,185 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 India (-4.0%), while the prices for the other major destinations experienced a decline.

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

Imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Oman plummeted to 342 tons in 2022, which is down by -43.2% on the previous year. In general, imports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 16%.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses shrank modestly to $1.9M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates9436581,0181,1737.5%
China608482599435-10.6%
Turkey96.859.266.076.8-7.4%
Malaysia71.134.427.09.4-49.1%
Others2011981922040.5%
Total1,9201,4311,9031,897-0.4%

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

  1. United Arab Emirates (171.8 tons)
  2. China (118.4 tons)
  3. Turkey (15.6 tons)
  4. Malaysia (3.5 tons)

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

In 2022, shipments abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses decreased by -68.6% to 31 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, the exports reached the peak of 117 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses fell dramatically to $100K in 2022. Overall, exports recorded a sharp slump. The smallest decline of -0.8% was in 2020.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20.214.11.734.719.8%
Saudi Arabia18.136.741.617.3-1.5%
Somalia7.632.615.916.830.3%
Qatar24220713514.6-60.8%
United Kingdom1.22.13.310.2104.1%
YemenN/A5.820.0N/A244.8%
Others24.513.35.76.8-34.8%
Total314312223100-31.7%

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

  1. Somalia (14.2 tons)
  2. United Arab Emirates (8.3 tons)
  3. Qatar (3.8 tons)
  4. Saudi Arabia (1.9 tons)
  5. United Kingdom (1.1 tons)

Source: IndexBox Market Intelligence Platform

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