Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan - 2024
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (CIF) - 2024
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (CIF) - 2024
In April 2024, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $598 per thousand square meters, surging by 5.8% against the previous month. Over the period under review, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in August 2023 an increase of 68% m-o-m. As a result, import price attained the peak level of $1.2 per square meter. From September 2023 to April 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Turkey ($5.9 per square meter), while the price for Russia ($521 per thousand square meters) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Turkey (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $1.9 per square meter in 2022, dropping by -6.6% against the previous year. In general, the export price saw a deep reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 318%. Over the period under review, the average export prices attained the peak figure at $4.6 per square meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +5.5% per year.
Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan
In 2022, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into Azerbaijan reduced to 6.9M square meters, falling by -10.8% compared with the previous year. Over the period under review, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of 7.8M square meters, and then declined in the following year.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses expanded slightly to $3.9M in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.5 | 1.6 | 2.7 | 2.8 | 3.8% |
| Iran | 0.7 | 0.5 | 0.7 | 0.6 | -5.0% |
| Turkey | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Total | 3.7 | 2.4 | 3.8 | 3.9 | 1.8% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Azerbaijan in 2022:
- Russia (5.5M square meters)
- Iran (1.3M square meters)
- Turkey (0.1M square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan
In 2022, overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses increased by 70,088% to 5.6K square meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic setback. Over the period under review, the exports of reached the peak figure at 14K 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 soared to $10K in 2022. Overall, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 0.3 | 1.9 | N/A | 10.5 | 227.1% |
| Serbia | 6.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.8 | 1.9 | N/A | 10.5 | 15.6% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Azerbaijan in 2022:
- Georgia (5.6K square meters)
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