Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States - 2024
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United States
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 383 | 333 | 425 | 401 | 1.5% |
India | 33.9 | 30.3 | 52.1 | 53.1 | 16.1% |
Vietnam | 26.6 | 37.9 | 47.9 | 50.5 | 23.8% |
Mexico | 4.7 | 6.5 | 9.8 | 10.6 | 31.1% |
Others | 56.5 | 50.4 | 71.1 | 71.5 | 8.2% |
Total | 505 | 458 | 606 | 587 | 5.1% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to the United States in 2022:
- China (178.0K tons)
- Vietnam (8.9K tons)
- India (6.3K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 32.1 | 36.2 | 42.0 | 40.0 | 7.6% |
Mexico | 3.0 | 3.0 | 2.5 | 2.7 | -3.5% |
Netherlands | 0.1 | 0.1 | 0.5 | 1.6 | 152.0% |
Bahamas | 0.3 | 0.1 | 0.4 | 0.7 | 32.6% |
Saudi Arabia | 0.7 | 0.4 | 0.3 | 0.7 | 0.0% |
United Kingdom | 1.4 | 1.1 | 0.5 | 0.6 | -24.6% |
Cayman Islands | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
Guatemala | N/A | N/A | N/A | 0.4 | 0% |
Kuwait | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
Australia | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
Japan | 0.5 | 0.4 | 0.2 | 0.3 | -15.7% |
Russia | 0.6 | 0.5 | 0.5 | N/A | -8.7% |
British Virgin Islands | 1.2 | N/A | N/A | N/A | 0% |
Others | 5.7 | 4.1 | 6.4 | 4.9 | -4.9% |
Total | 46.5 | 46.4 | 54.0 | 52.8 | 4.3% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from the United States in 2022:
- Canada (373.0 tons)
- Netherlands (144.5 tons)
- Mexico (123.3 tons)
- Bahamas (48.7 tons)
- Saudi Arabia (33.3 tons)
- Japan (26.3 tons)
- Kuwait (19.5 tons)
- Cayman Islands (18.4 tons)
- Guatemala (18.3 tons)
- Australia (15.0 tons)
- United Kingdom (9.0 tons)
- Russia (1.2 tons)
- British Virgin Islands (0.9 tons)
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in the U.S..
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in the U.S..
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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