Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States - 2024

Contents:

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

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,838 per ton, increasing by 4.2% against the previous year. In general, the import price, however, saw a abrupt contraction. The growth pace was the most rapid in 2015 an increase of 14%. Over the period under review, average import prices reached the maximum at $5,957 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 India ($8,416 per ton), while the price for China ($2,256 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $54,154 per ton in 2022, picking up by 26% against the previous year. In general, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 247%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($107,175 per ton), while the average price for exports to the Netherlands ($10,956 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 Canada (+30.1%), 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 the United States

In 2022, after three years of growth, there was significant decline in supplies from abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses, when their volume decreased by -6.9% to 207K tons. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 86%. As a result, imports attained the peak of 222K tons, and then dropped in the following year.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses contracted slightly to $587M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of $606M, and then fell modestly in the following year.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3833334254011.5%
India33.930.352.153.116.1%
Vietnam26.637.947.950.523.8%
Mexico4.76.59.810.631.1%
Others56.550.471.171.58.2%
Total5054586065875.1%

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

  1. China (178.0K tons)
  2. Vietnam (8.9K tons)
  3. India (6.3K tons)
  4. Mexico (4.2K tons)

Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States

For the third year in a row, the United States recorded decline in shipments abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which decreased by -22.4% to 974 tons in 2022. Over the period under review, exports showed a dramatic setback. The smallest decline of -21.9% was in 2021.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses reduced to $53M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $54M, and then contracted in the following year.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada32.136.242.040.07.6%
Mexico3.03.02.52.7-3.5%
Netherlands0.10.10.51.6152.0%
Bahamas0.30.10.40.732.6%
Saudi Arabia0.70.40.30.70.0%
United Kingdom1.41.10.50.6-24.6%
Cayman Islands0.10.10.10.458.7%
GuatemalaN/AN/AN/A0.40%
Kuwait0.20.30.20.314.5%
Australia0.30.30.40.30.0%
Japan0.50.40.20.3-15.7%
Russia0.60.50.5N/A-8.7%
British Virgin Islands1.2N/AN/AN/A0%
Others5.74.16.44.9-4.9%
Total46.546.454.052.84.3%

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

  1. Canada (373.0 tons)
  2. Netherlands (144.5 tons)
  3. Mexico (123.3 tons)
  4. Bahamas (48.7 tons)
  5. Saudi Arabia (33.3 tons)
  6. Japan (26.3 tons)
  7. Kuwait (19.5 tons)
  8. Cayman Islands (18.4 tons)
  9. Guatemala (18.3 tons)
  10. Australia (15.0 tons)
  11. United Kingdom (9.0 tons)
  12. Russia (1.2 tons)
  13. British Virgin Islands (0.9 tons)

Source: IndexBox Market Intelligence Platform

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