Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain - 2022
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain (CIF) - 2022
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain (CIF) - 2022
In December 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1.3 per square meter, jumping by 24% against the previous month. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in March 2022 when the average import price increased by 184% m-o-m. Over the period under review, average import prices hit record highs at $3.2 per square meter in January 2022; however, from February 2022 to December 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Turkey ($1.4 per square meter), while the price for Pakistan ($551 per thousand square meters) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $4.3 per square meter in 2022, picking up by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2014 an increase of 169%. Over the period under review, the average export prices hit record highs at $15 per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($80 per square meter), while the average price for exports to Oman ($2 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 Oman (+37.3%), 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 Bahrain
In 2022, the amount of glass mirrors; unframed, excluding rear-view mirrors for vehicleses imported into Bahrain surged to 1.4M square meters, with an increase of 18% against the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.4% 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 +97.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses surged to $1.6M in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 84.0 | 348 | 529 | 766 | 108.9% |
| China | 419 | 505 | 513 | 573 | 11.0% |
| Others | 253 | 193 | 171 | 225 | -3.8% |
| Total | 757 | 1,046 | 1,213 | 1,564 | 27.4% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Bahrain in 2022:
- Saudi Arabia (885.7K square meters)
- China (431.6K square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain
For the fourth year in a row, Bahrain recorded growth in overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which increased by 44% to 11K square meters in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 161%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses skyrocketed to $45K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 231%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.4 | 26.9 | 10.5 | 16.6 | 30.9% |
| Oman | 0.1 | 0.4 | 8.1 | 13.6 | 414.3% |
| Saudi Arabia | 1.3 | 3.1 | 0.3 | 5.9 | 65.6% |
| Egypt | N/A | N/A | 0.8 | 4.3 | 437.5% |
| Qatar | 0.2 | 1.2 | 0.8 | 3.2 | 152.0% |
| United Arab Emirates | 0.1 | 0.3 | 2.6 | 0.3 | 44.2% |
| Others | 1.1 | 2.0 | 2.5 | 1.4 | 8.4% |
| Total | 10.2 | 33.9 | 25.6 | 45.5 | 64.6% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Bahrain in 2022:
- Oman (6.9K square meters)
- Saudi Arabia (2.0K square meters)
- Qatar (1.0K square meters)
- Egypt (0.4K square meters)
- Germany (0.2K square meters)
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