Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia - 2024
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia (CIF) - 2022
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia (CIF) - 2022
The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $18 per square meter in 2022, declining by -14.5% against the previous year. In general, the import price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 745% against the previous year. The import price peaked at $21 per square meter in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($34 per square meter), while the price for Russia ($9.9 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $23 per square meter in 2022, shrinking by -12% against the previous year. Overall, the export price, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 684%. Over the period under review, the average export prices reached the peak figure at $26 per square meter in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($143 per square meter), while the average price for exports to Sweden ($16 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 Russia (+50.8%), 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 Latvia
In 2022, the amount of glass mirrors; unframed, excluding rear-view mirrors for vehicleses imported into Latvia reduced dramatically to 80K square meters, shrinking by -15.7% on the previous year's figure. In general, imports faced a dramatic slump. Imports peaked at 655K 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 shrank rapidly to $1.5M in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth was the most pronounced in 2020 with an increase of 76%. Imports peaked at $2M in 2021, and then contracted notably in the following year.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 46.9 | 369 | 368 | 244 | 73.3% |
| Belgium | 181 | 168 | 226 | 216 | 6.1% |
| China | 93.4 | 54.1 | 66.1 | 190 | 26.7% |
| Belarus | 57.1 | 120 | 129 | 161 | 41.3% |
| Poland | 89.0 | 236 | 582 | 158 | 21.1% |
| Lithuania | 145 | 201 | 209 | 103 | -10.8% |
| Czech Republic | 50.1 | 51.5 | 70.8 | 49.2 | -0.6% |
| Others | 250 | 408 | 368 | 334 | 10.1% |
| Total | 913 | 1,608 | 2,019 | 1,455 | 16.8% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Latvia in 2022:
- Russia (24.8K square meters)
- Belgium (17.6K square meters)
- Belarus (12.7K square meters)
- Poland (6.3K square meters)
- Lithuania (5.7K square meters)
- China (5.6K square meters)
- Czech Republic (3.2K square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia
For the third year in a row, Latvia recorded decline in shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which decreased by -21.7% to 18K square meters in 2022. Overall, exports faced a precipitous slump. The smallest decline of -5.7% was in 2021. Over the period under review, the exports of reached the maximum at 113K 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 shrank markedly to $409K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 79%. As a result, the exports reached the peak of $594K, and then reduced dramatically in the following year.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 82.2 | 147 | 205 | 184 | 30.8% |
| Estonia | 35.5 | 74.4 | 265 | 97.7 | 40.1% |
| Sweden | 35.2 | 42.1 | 59.6 | 56.0 | 16.7% |
| Russia | 26.2 | 43.2 | 49.2 | 36.9 | 12.1% |
| Finland | 4.7 | 16.4 | 4.2 | 4.0 | -5.2% |
| Others | 15.0 | 9.1 | 11.0 | 30.5 | 26.7% |
| Total | 199 | 332 | 594 | 409 | 27.1% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Latvia in 2022:
- Lithuania (9.1K square meters)
- Estonia (4.0K square meters)
- Sweden (3.6K square meters)
- Russia (0.3K square meters)
- Finland (0.2K square meters)
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