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

Contents:

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

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

In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $983 per thousand square meters, growing by 14% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 increased by +120.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 94%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1.3 per square meter), while the price for China stood at $869 per thousand square meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%).

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

In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $3.4 per square meter, reducing by -10.4% against the previous year. Over the period under review, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2019 an increase of 57%. Over the period under review, the average export prices attained the maximum at $5.1 per square meter in 2013; however, from 2014 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 South Africa ($18 per square meter), while the average price for exports to the United States ($1 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 the Netherlands (+18.3%), 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 Ethiopia

Imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into Ethiopia shrank modestly to 531K square meters in 2022, approximately equating the year before. Overall, imports faced a significant curtailment. Over the period under review, imports of hit record highs at 1.4M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses expanded significantly to $522K in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Imports peaked at $795K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China682249397444-13.3%
Indonesia8.52.810.611.310.0%
Others10529.857.267.3-13.8%
Total795282465522-13.1%

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

  1. China (510.5K square meters)
  2. Indonesia (8.7K square meters)

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

Exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses from Ethiopia reduced remarkably to 55 square meters in 2022, falling by -89.4% against the previous year. In general, exports showed a dramatic slump. The smallest decline of -16.7% was in 2020. Over the period under review, the exports of reached the maximum at 868 square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses contracted significantly to $185 in 2022. Overall, exports recorded a dramatic shrinkage. The smallest decline of -3.4% was in 2021. The exports peaked at $3.1K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy44364251451.0-51.4%
Jordan45.055.041435.0-8.0%
Tanzania60.087.026722.0-28.4%
South Africa65.010310318.0-34.8%
Belgium51620713010.0-73.1%
Mozambique18213752.08.0-64.7%
Germany75.012892.08.0-52.6%
Canada94.087.048.05.0-62.4%
Netherlands43.054.042.05.0-51.2%
Zambia48.050.033.03.0-60.3%
Kenya51.089.09.03.0-61.1%
France42.044.029.02.0-63.8%
United States1,17552.029.02.0-88.1%
Others30728619013.0-65.1%
Total3,1462,0211,952185-61.1%

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

  1. Italy (12.0 square meters)
  2. Jordan (8.0 square meters)
  3. Mozambique (6.0 square meters)
  4. Germany (5.0 square meters)
  5. Canada (4.0 square meters)
  6. Tanzania (4.0 square meters)
  7. Netherlands (2.0 square meters)
  8. United States (2.0 square meters)
  9. Zambia (2.0 square meters)
  10. South Africa (1.0 square meters)
  11. France (1.0 square meters)
  12. Belgium (1.0 square meters)
  13. Kenya (1.0 square meters)

Source: IndexBox Market Intelligence Platform

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