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

Contents:

  1. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Estonia (CIF) - 2022
  2. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Estonia (FOB) - 2024
  3. Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Estonia
  4. Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Estonia

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

In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1.1 per square meter, which is down by -9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2014 an increase of 12%. The import price peaked at $1.2 per square meter in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1.2 per square meter), while the price for the Czech Republic ($715 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 (+3.7%), while the prices for the other major suppliers experienced a decline.

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Estonia (FOB) - 2024

The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $23.5 per square meter in April 2024, increasing by 27% against the previous month. Over the period under review, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 41% month-to-month. Over the period under review, the average export prices hit record highs at $41.9 per square meter in December 2023; however, from January 2024 to April 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In April 2024, the country with the highest price was Sweden ($47.4 per square meter), while the average price for exports to Finland totaled $22.2 per square meter.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of glass mirrors; unframed, excluding rear-view mirrors for vehicleses imported into Estonia surged to 2.5M square meters, with an increase of 25% on 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +54.2% against 2020 indices. As a result, imports reached 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 expanded significantly to $2.8M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +53.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6365564597254.5%
Czech Republic658480502648-0.5%
Poland83.611223428350.2%
Belgium57.813820324862.5%
Russia1231604731465.9%
Latvia24.264.670.776.246.6%
Others23840250766040.5%
Total1,8211,9122,4492,78715.2%

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

  1. Czech Republic (906.6K square meters)
  2. China (626.3K square meters)
  3. Belgium (338.8K square meters)
  4. Poland (227.6K square meters)
  5. Russia (180.0K square meters)
  6. Latvia (66.5K square meters)

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

In 2022, the amount of glass mirrors; unframed, excluding rear-view mirrors for vehicleses exported from Estonia shrank to 56K square meters, which is down by -13.6% against the year before. Overall, exports continue to indicate a dramatic contraction. Over the period under review, the exports of reached the maximum at 738K 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 dropped significantly to $1.4M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 33%. The exports peaked at $1.9M in 2021, and then contracted notably in the following year.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1,0671,1351,420797-9.3%
Sweden21658527338921.7%
Latvia54.657.375.011728.9%
Others56.382.111510824.3%
Total1,3941,8601,8831,4110.4%

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

  1. Finland (44.1K square meters)
  2. Sweden (9.3K square meters)
  3. Latvia (1.0K square meters)

Source: IndexBox Market Intelligence Platform

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