Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia - 2022
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia (FOB) - 2022
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia (CIF) - 2022
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia (FOB) - 2022
In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $767 per thousand square meters, with an increase of 13% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1.2 per square meter), while the average price for exports to Vietnam ($627 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 New Zealand (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia (CIF) - 2022
In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $761 per thousand square meters, which is down by -9.3% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $860 per thousand square meters in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1 per square meter), while the price for Thailand ($115 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 (+1.1%), while the prices for the other major suppliers experienced a decline.
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia
In 2022, after three years of growth, there was significant decline in shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, when their volume decreased by -7% to 17M square meters. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 18M square meters, and then shrank in the following year.
In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses rose significantly to $13M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 24% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2.6 | 3.1 | 3.3 | 3.8 | 13.5% |
| Australia | 1.0 | 2.3 | 2.1 | 2.4 | 33.9% |
| Singapore | 0.9 | 0.6 | 1.3 | 1.7 | 23.6% |
| Malaysia | 2.2 | 1.5 | 1.6 | 1.7 | -8.2% |
| United States | 0.2 | 1.1 | 1.3 | 1.2 | 81.7% |
| South Korea | 0.8 | 0.6 | 0.8 | 0.5 | -14.5% |
| New Zealand | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Philippines | 0.3 | 0.2 | 0.6 | 0.1 | -30.7% |
| Others | 0.8 | 0.6 | 1.0 | 1.2 | 14.5% |
| Total | 8.9 | 10.0 | 12.4 | 13.0 | 13.5% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Indonesia in 2022:
- Vietnam (6.1M square meters)
- Australia (3.0M square meters)
- Singapore (2.3M square meters)
- Malaysia (2.3M square meters)
- United States (1.1M square meters)
- South Korea (0.7M square meters)
- New Zealand (0.4M square meters)
- Philippines (0.2M square meters)
Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia
In 2022, overseas purchases of glass mirrors; unframed, excluding rear-view mirrors for vehicleses increased by 45% to 7.6M square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt decrease. Imports peaked at 10M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses surged to $5.8M in 2022. Over the period under review, imports, however, recorded a perceptible decrease. Over the period under review, imports of attained the maximum at $6.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 4.8 | 4.2 | 5.4 | 2.6% |
| Thailand | 1.0 | 0.3 | 0.1 | 0.2 | -41.5% |
| Vietnam | 0.1 | N/A | N/A | N/A | 0% |
| Singapore | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 6.4 | 5.2 | 4.4 | 5.8 | -3.2% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Indonesia in 2022:
- China (5.3M square meters)
- Thailand (2.1M square meters)
- Singapore (0.1M square meters)
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