Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary - 2024
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary (CIF) - 2024
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary (CIF) - 2024
In April 2024, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $46.0 per square meter, increasing by 55% against the previous month. In general, import price indicated tangible growth from April 2023 to April 2024: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses increased by +55.3% against March 2024 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to April 2024, the rate of growth in terms of prices for Bulgaria amounted to +0.2% per month.
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $5.6 per square meter in 2022, falling by -6.9% against the previous year. Over the period under review, the export price, however, showed significant growth. The pace of growth was the most pronounced in 2018 an increase of 123%. Over the period under review, the average export prices attained the peak figure at $6.5 per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($40 per square meter), while the average price for exports to Serbia ($455 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 Ukraine (+52.5%), 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 Hungary
Imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into Hungary expanded modestly to 3.1M square meters in 2022, with an increase of 3.8% on 2021 figures. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses contracted slightly to $4.2M in 2022. Over the period under review, imports, however, continue to indicate a mild descent. The growth pace was the most rapid in 2021 with an increase of 12%. Over the period under review, imports of hit record highs at $4.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,776 | 1,106 | 1,095 | 1,111 | -14.5% |
| Czech Republic | 603 | 655 | 833 | 888 | 13.8% |
| Poland | 828 | 814 | 771 | 674 | -6.6% |
| China | 302 | 400 | 370 | 482 | 16.9% |
| Bulgaria | 163 | 191 | 270 | 452 | 40.5% |
| Belgium | 194 | 184 | 372 | 268 | 11.4% |
| Romania | 166 | 107 | 136 | 120 | -10.3% |
| Others | 271 | 271 | 340 | 176 | -13.4% |
| Total | 4,302 | 3,728 | 4,187 | 4,172 | -1.0% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Hungary in 2022:
- Czech Republic (1029.6K square meters)
- Bulgaria (700.3K square meters)
- Germany (382.2K square meters)
- Poland (353.6K square meters)
- China (304.6K square meters)
- Belgium (260.3K square meters)
- Romania (40.0K square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Hungary
In 2022, overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses increased by 43% to 292K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a deep contraction. The exports peaked at 475K 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 skyrocketed to $1.6M in 2022. In general, exports, however, recorded a abrupt setback. Over the period under review, the exports of reached the peak figure at $2.4M 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 Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 590 | 1,046 | 500 | 540 | -2.9% |
| Romania | 260 | 156 | 107 | 275 | 1.9% |
| Slovakia | 100 | 72.3 | 63.7 | 111 | 3.5% |
| Croatia | 21.2 | 24.7 | 43.8 | 58.2 | 40.0% |
| France | 482 | 94.5 | 5.0 | 57.4 | -50.8% |
| United States | 2.6 | 21.1 | 16.9 | 44.9 | 158.5% |
| Germany | 177 | 212 | 7.0 | 29.1 | -45.2% |
| Slovenia | 173 | 92.8 | 27.2 | 19.9 | -51.4% |
| Others | 640 | 439 | 458 | 498 | -8.0% |
| Total | 2,446 | 2,157 | 1,229 | 1,634 | -12.6% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Hungary in 2022:
- Romania (77.8K square meters)
- Slovakia (73.6K square meters)
- Croatia (57.6K square meters)
- Turkey (44.7K square meters)
- United States (6.7K square meters)
- France (4.1K square meters)
- Slovenia (2.7K square meters)
- Germany (2.6K square meters)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Hungary.
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