Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa - 2024
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa (CIF) - 2022
In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,703 per ton, with an increase of 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 when the average import price increased by 13% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 India ($4,972 per ton), while the price for China ($2,386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa (FOB) - 2022
In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $5,262 per ton, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,315 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($9,037 per ton), while the average price for exports to Malawi ($2,462 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 Zambia (+9.4%), 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 South Africa
In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses imported into South Africa contracted remarkably to 2.6K tons, declining by -18.2% compared with the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of 3.2K tons, and then plummeted in the following year.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses shrank to $7M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of $8.1M, and then reduced in the following year.
| Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 4.2 | 6.5 | 5.6 | 2.5% |
| India | 0.3 | 0.1 | 0.3 | 0.4 | 10.1% |
| Indonesia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.9 | 0.9 | 1.2 | 0.9 | 0.0% |
| Total | 6.6 | 5.4 | 8.1 | 7.0 | 2.0% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to South Africa in 2022:
- China (2349.3 tons)
- India (75.0 tons)
- Indonesia (52.0 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa
In 2022, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses from South Africa rose rapidly to 411 tons, picking up by 12% on 2021. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 17%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses rose markedly to $2.2M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 376 | 285 | 423 | 484 | 8.8% |
| Zambia | 243 | 196 | 301 | 340 | 11.8% |
| Botswana | 219 | 234 | 304 | 331 | 14.8% |
| Mozambique | 115 | 110 | 115 | 216 | 23.4% |
| Zimbabwe | 183 | 54.1 | 162 | 95.7 | -19.4% |
| Swaziland | 66.1 | 65.3 | 109 | 89.6 | 10.7% |
| Kenya | 72.4 | 39.6 | 47.8 | 83.6 | 4.9% |
| Democratic Republic of the Congo | 78.1 | 24.2 | 91.7 | 75.5 | -1.1% |
| Lesotho | 54.7 | 44.9 | 67.7 | 60.2 | 3.2% |
| Nigeria | 60.3 | 11.6 | 4.9 | 59.3 | -0.6% |
| Tanzania | 26.4 | 33.3 | 15.7 | 33.8 | 8.6% |
| Malawi | 30.4 | 22.8 | 54.0 | 30.9 | 0.5% |
| Others | 244 | 387 | 251 | 263 | 2.5% |
| Total | 1,768 | 1,507 | 1,947 | 2,162 | 6.9% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from South Africa in 2022:
- Namibia (123.6 tons)
- Botswana (79.7 tons)
- Zambia (40.0 tons)
- Swaziland (31.9 tons)
- Mozambique (24.8 tons)
- Zimbabwe (22.9 tons)
- Democratic Republic of the Congo (14.9 tons)
- Lesotho (13.4 tons)
- Malawi (12.6 tons)
- Kenya (9.2 tons)
- Tanzania (8.1 tons)
- Nigeria (7.8 tons)
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