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

Contents:

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

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

In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $269 per thousand square meters, falling by -14.1% against the previous year. In general, the import price recorded a sharp decrease. The most prominent rate of growth was recorded in 2018 when the average import price decreased by -2.9% against the previous year. Over the period under review, average import prices hit record highs at $3.2 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Malaysia ($685 per thousand square meters), while the price for China totaled $226 per thousand square meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-18.0%).

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

In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1.1 per square meter, rising by 18% against the previous year. Overall, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 21%. The export price peaked at $3.1 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5.3 per square meter), while the average price for exports to Bangladesh ($517 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 Jordan (+8.6%), 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 India

In 2022, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into India soared to 105M square meters, rising by 107% compared with the year before. In general, imports continue to indicate a significant expansion. 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 soared to $28M in 2022. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.411.213.322.87.4%
MalaysiaN/AN/A0.42.2450.0%
Others1.51.42.13.127.4%
Total19.912.715.828.112.2%

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

  1. China (100.7M square meters)
  2. Malaysia (3.3M square meters)

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

In 2022, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses from India contracted remarkably to 2.3M square meters, shrinking by -21.8% against 2021 figures. Overall, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 158%. As a result, the exports attained the peak of 2.9M square meters, and then contracted rapidly in the following year.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses shrank to $2.5M in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year. As a result, the exports attained the peak of $2.7M, and then fell in the following year.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar49349799787621.1%
Nepal22814168057235.9%
United States3522183273520.0%
Sri Lanka93.312630418325.2%
KenyaN/AN/A7.057.2717.1%
Japan62.149.435.038.4-14.8%
United Arab Emirates31757.065.236.9-51.2%
Bangladesh7.82.515.132.761.2%
Others460174292369-7.1%
Total2,0131,2662,7232,5177.7%

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

  1. Qatar (1251.8K square meters)
  2. Nepal (442.8K square meters)
  3. Sri Lanka (216.8K square meters)
  4. United States (67.0K square meters)
  5. Bangladesh (63.2K square meters)
  6. Japan (58.3K square meters)
  7. Kenya (48.2K square meters)
  8. United Arab Emirates (21.7K square meters)

Source: IndexBox Market Intelligence Platform

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