Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico - 2024
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico (FOB) - 2024
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico (CIF) - 2024
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico (FOB) - 2024
In April 2024, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1.2 per square meter, rising by 12% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 13% against the previous month. As a result, the export price attained the peak level of $1.3 per square meter. From August 2023 to April 2024, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From April 2023 to April 2024, the rate of growth in terms of prices for the United States amounted to +0.2% per month.
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico (CIF) - 2024
The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $2.2 per square meter in April 2024, picking up by 38% against the previous month. In general, import price indicated a measured increase from April 2023 to April 2024: its price increased at an average monthly rate of +3.0% over the last twelve-month period. 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 +51.6% against January 2024 indices. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 41% m-o-m. As a result, import price reached the peak level of $2.6 per square meter. From December 2023 to April 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1.1 per square meter), while the price for Malaysia stood at $549 per thousand square meters.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Malaysia (0.0%).
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico
In 2022, approx. 16M square meters of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were exported from Mexico; picking up by 30% against the previous year. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses soared to $21M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.6 | 12.3 | 12.1 | 20.6 | 24.8% |
| Canada | 0.6 | 0.6 | 0.2 | N/A | -42.3% |
| Others | 0.7 | 0.3 | 0.2 | 0.1 | -47.7% |
| Total | 11.9 | 13.2 | 12.5 | 20.7 | 20.3% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Mexico in 2022:
- United States (16.3M square meters)
Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico
In 2022, approx. 6.4M square meters of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were imported into Mexico; surging by 11% compared with the previous year's figure. In general, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 12%. As a result, imports attained the peak of 8.5M square meters. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses rose remarkably to $17M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 6.0 | 8.9 | 11.4 | 12.5% |
| United States | 2.8 | 9.4 | 6.2 | 4.2 | 14.5% |
| Spain | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
| Others | 1.1 | 0.7 | 0.3 | 0.5 | -23.1% |
| Total | 12.2 | 16.2 | 15.6 | 16.7 | 11.0% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Mexico in 2022:
- China (5.9M square meters)
- United States (0.3M square meters)
- Spain (0.2M square meters)
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