Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Australia - 2024

Contents:

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

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

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $2.2 per square meter in 2022, rising by 14% against the previous year. In general, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($2.2 per square meter) and Thailand ($2.2 per square meter), while the price for China ($2.2 per square meter) and Malaysia ($2.2 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Australia (FOB) - 2022

In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $3.6 per square meter, growing by 9.6% against the previous year. In general, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 105%. Over the period under review, the average export prices reached the peak figure at $7.7 per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($88 per square meter), while the average price for exports to Germany ($1.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Australia

In 2022, after three years of growth, there was significant decline in supplies from abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, when their volume decreased by -9.2% to 16M square meters. Overall, imports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 5.5%. Over the period under review, imports of hit record highs at 18M square meters in 2021, and then reduced in the following year.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses expanded slightly to $36M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.120.425.425.316.3%
Thailand6.64.15.46.0-3.1%
Indonesia1.02.72.63.044.2%
MalaysiaN/AN/A0.50.740.0%
Others0.71.00.70.98.7%
Total24.328.234.635.913.9%

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

  1. China (11.5M square meters)
  2. Thailand (2.7M square meters)
  3. Indonesia (1.4M square meters)
  4. Malaysia (0.3M square meters)

Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Australia

In 2022, overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were finally on the rise to reach 38K square meters after two years of decline. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports of attained the maximum at 58K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses surged to $138K in 2022. Overall, exports, however, showed a abrupt downturn. Over the period under review, the exports of reached the maximum at $222K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand9.913.023.3116127.1%
Papua New Guinea0.383.01.613.6256.6%
SingaporeN/AN/A34.30.5-98.5%
Germany1485.40.2N/A-96.3%
China6.1N/A11.7N/A38.5%
Indonesia23.8N/AN/AN/A0%
Saudi ArabiaN/A26.0N/AN/A0%
Others33.914.711.48.1-37.9%
Total22214282.5138-14.7%

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

  1. New Zealand (37.1K square meters)
  2. Papua New Guinea (0.9K square meters)
  3. Singapore (0.1K square meters)

Source: IndexBox Market Intelligence Platform

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