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

Contents:

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

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

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $2.1 per square meter in 2022, growing by 10% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($2.1 per square meter) and the United States ($1.9 per square meter), while the price for Belgium ($1.5 per square meter) and Mexico ($1.7 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.4%), 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 Canada (FOB) - 2022

The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $3.8 per square meter in 2022, with an increase of 33% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses increased by +80.7% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4.3 per square meter), while the average price for exports to Thailand ($1.5 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 Qatar (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 11M square meters of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were imported into Canada; with an increase of 8.1% against the previous year. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses surged to $23M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +44.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.611.114.918.119.5%
United States2.93.22.12.1-10.2%
Mexico0.50.30.81.233.9%
Taiwan (Chinese)0.50.30.30.4-7.2%
Germany0.40.20.20.3-9.1%
Italy0.50.30.20.2-26.3%
Others0.70.80.90.84.6%
Total16.016.319.423.113.0%

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

  1. China (8.5M square meters)
  2. United States (1.1M square meters)
  3. Mexico (0.7M square meters)
  4. Taiwan (Chinese) (0.2M square meters)
  5. Italy (0.1M square meters)
  6. Germany (0.1M square meters)

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

In 2022, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses from Canada declined slightly to 4.9M square meters, falling by -3.8% on the year before. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. Over the period under review, the exports of attained the maximum at 5.9M 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 $19M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.98.213.817.310.3%
Thailand1.11.10.81.22.9%
QatarN/AN/A0.10.3200.0%
Others0.20.20.10.1-20.6%
Total14.29.414.818.910.0%

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

  1. United States (4.0M square meters)
  2. Thailand (0.8M square meters)
  3. Qatar (0.1M square meters)

Source: IndexBox Market Intelligence Platform

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