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

Contents:

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

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

In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1.2 per square meter, with an increase of 21% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses decreased by -3.6% against 2020 indices. Over the period under review, average import prices hit record highs at $1.2 per square meter in 2020; afterwards, it flattened through to 2022.

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 ($1.5 per square meter), while the price for Belgium ($589 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $3.1 per square meter in 2022, shrinking by -27.3% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 39%. The export price peaked at $4.2 per square meter in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($5.2 per square meter), while the average price for exports to the Dominican Republic ($593 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cayman Islands (+30.7%), 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 Costa Rica

In 2022, approx. 941K square meters of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were imported into Costa Rica; declining by -34.8% on 2021. Overall, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. Imports peaked at 1.6M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses declined sharply to $1.1M in 2022. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1973771,014684-17.0%
Mexico296158123214-10.2%
MalaysiaN/AN/A27.0128374.1%
Belgium26.14.019.511.4-24.1%
Others12638022775.2-15.8%
Total1,6459191,4111,113-12.2%

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

  1. China (463.0K square meters)
  2. Mexico (312.1K square meters)
  3. Malaysia (139.5K square meters)
  4. Belgium (19.4K square meters)

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

For the third year in a row, Costa Rica recorded decline in shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which decreased by -26.4% to 5.5K square meters in 2022. In general, exports saw a sharp shrinkage. Over the period under review, the exports of hit record highs at 64K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses reduced dramatically to $17K in 2022. Over the period under review, exports saw a precipitous setback. The smallest decline of -44.7% was in 2020. The exports peaked at $189K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua6.41.24.06.1-1.6%
Panama38.10.74.55.6-47.2%
Cayman Islands0.71.02.43.469.4%
United States0.90.61.60.6-12.6%
Dominican RepublicN/A0.10.30.4100.0%
Honduras2.11.91.20.3-47.7%
VenezuelaN/A12.9N/AN/A0%
Guatemala94.154.6N/AN/A-42.0%
El Salvador40.130.7N/AN/A-23.4%
Others6.40.517.40.5-57.3%
Total18910431.416.8-55.4%

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

  1. Cayman Islands (1560.0 square meters)
  2. Nicaragua (1183.0 square meters)
  3. Panama (1182.0 square meters)
  4. Dominican Republic (597.0 square meters)
  5. United States (481.0 square meters)
  6. Honduras (118.0 square meters)

Source: IndexBox Market Intelligence Platform

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