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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $1,252 per ton in 2022, rising by 95% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 +98.7% against 2019 indices. As a result, import price reached 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 South Africa ($3,693 per ton), while the price for China ($548 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.6%), 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 Tanzania (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $717 per ton, growing by 88% against the previous year. In general, the export price, however, recorded a deep setback. The export price peaked at $3,510 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,484 per ton), while the average price for exports to Brazil ($244 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 Singapore (+304.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses imported into Tanzania skyrocketed to 1K tons, growing by 119% against the year before. Overall, imports continue to indicate a resilient 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 surged to $1.3M in 2022. In general, imports continue to indicate a significant increase. 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 Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain22.315.817.3830233.9%
China327194191272-6.0%
Turkey7.79.29.249.886.3%
Hong Kong SAR0.40.80.321.9279.7%
South Africa41.017.217.020.0-21.3%
India4.215.20.56.616.3%
United Arab Emirates34.12.910.96.4-42.7%
Others49.623.851.566.510.3%
Total4862792981,27437.9%

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

  1. China (497.0 tons)
  2. Spain (393.8 tons)
  3. Turkey (47.0 tons)
  4. Hong Kong SAR (26.1 tons)
  5. India (6.6 tons)
  6. United Arab Emirates (5.7 tons)
  7. South Africa (5.4 tons)

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

In 2022, shipments abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses decreased by -29.5% to 4.9 tons, falling for the second year in a row after two years of growth. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 201% against the previous year. As a result, the exports reached the peak of 15 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 soared to $3.5K in 2022. Over the period under review, exports continue to indicate a abrupt setback.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/A18.04602455.6%
United States618N/A439360-16.5%
IsraelN/AN/AN/A2780%
Democratic Republic of the CongoN/AN/AN/A2690%
France227N/A220220-1.0%
Sweden79.0N/A90.020036.3%
SenegalN/A20.0N/A200216.2%
MozambiqueN/AN/AN/A1800%
South Africa297N/A313169-17.1%
United Arab EmiratesN/AN/A50.0143186.0%
Belgium16050.070.080.0-20.6%
ZambiaN/AN/AN/A64.00%
BrazilN/AN/AN/A50.00%
Others4,5906,1741,460860-42.8%
Total5,9716,2442,6603,533-16.0%

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

  1. United States (665.0 kg)
  2. France (609.0 kg)
  3. United Arab Emirates (498.0 kg)
  4. Singapore (310.0 kg)
  5. Democratic Republic of the Congo (271.0 kg)
  6. Israel (266.0 kg)
  7. Mozambique (266.0 kg)
  8. Senegal (255.0 kg)
  9. South Africa (242.0 kg)
  10. Brazil (205.0 kg)
  11. Sweden (189.0 kg)
  12. Zambia (173.0 kg)
  13. Belgium (155.0 kg)

Source: IndexBox Market Intelligence Platform

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