Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bangladesh - 2022

Contents:

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

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

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $740 per thousand square meters in 2022, declining by -24.1% against the previous year. Overall, the import price, however, recorded a remarkable increase. The growth pace was the most rapid in 2014 an increase of 50%. The import price peaked at $975 per thousand square meters in 2021, and then declined notably in the following year.

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 China ($746 per thousand square meters), while the price for Malaysia stood at $460 per thousand square meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%).

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

The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $1.7 per square meter in 2022, growing by 145% against the previous year. Overall, the export price posted strong growth. The pace of growth appeared the most rapid in 2013 an increase of 181% against the previous year. Over the period under review, the average export prices reached the peak figure at $6 per square meter in 2017; however, from 2018 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 Nepal ($3.5 per square meter), while the average price for exports to India totaled $401 per thousand square meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+66.4%).

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

Imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into Bangladesh skyrocketed to 7.4M square meters in 2022, growing by 75% against the previous year. In general, imports, however, faced a abrupt shrinkage. Imports peaked at 12M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses soared to $5.5M in 2022. Over the period under review, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Imports peaked at $6.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.12.83.95.2-5.2%
MalaysiaN/AN/A0.10.2100.0%
Others0.10.10.10.10.0%
Total6.22.94.25.5-3.9%

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

  1. China (7.0M square meters)
  2. Malaysia (0.4M square meters)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, when their volume decreased by -77.3% to 20K square meters. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,385% against the previous year. Over the period under review, the exports of reached the peak figure at 87K square meters in 2021, and then fell markedly in the following year.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses dropped notably to $33K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 273%. The exports peaked at $59K in 2021, and then reduced remarkably in the following year.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NepalN/AN/A27.126.8-1.1%
India8.225.528.24.7-16.9%
United KingdomN/A7.7N/AN/A0%
Others3.711.34.11.6-24.4%
Total11.944.559.433.140.6%

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

  1. India (11.7K square meters)
  2. Nepal (7.7K square meters)

Source: IndexBox Market Intelligence Platform

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