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

Contents:

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

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

In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $611 per thousand square meters, standing approx. at the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 2.1%. The import price peaked at $830 per thousand square meters in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($7.8 per square meter), while the price for China ($568 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 Colombia (+25.7%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $2.2 per square meter, declining by -13.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 192%. Over the period under review, the average export prices hit record highs at $5.8 per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.7% per year.

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

In 2022, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into Ecuador fell to 4.1M square meters, declining by -13.4% against 2021. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 147%. As a result, imports attained the peak of 4.8M square meters, and then reduced in the following year.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses contracted to $2.5M in 2022. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 141% against the previous year. As a result, imports attained the peak of $2.9M, and then fell in the following year.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9281,0662,5842,2264.9%
Belgium69.273.214013023.4%
Brazil2.85.85.570.8193.5%
Others14778.3220106-10.3%
Total2,1461,2242,9502,5345.7%

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

  1. China (3.9M square meters)
  2. Belgium (0.2M square meters)
  3. Brazil (0.1M square meters)

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

Exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses from Ecuador surged to 3.6K square meters in 2022, increasing by 55% on 2021 figures. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 651%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses surged to $7.8K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 2,093% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A1.85.17.8108.2%
ChileN/AN/AN/AN/A0%
Singapore0.2N/AN/AN/A0%
OthersN/A2.10.8N/A-61.9%
Total0.23.95.97.8239.1%

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

  1. United States (3.6K square meters)

Source: IndexBox Market Intelligence Platform

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