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

Contents:

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

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

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $2.2 per square meter in 2022, increasing by 14% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses increased by +79.8% against 2015 indices. The pace of growth was the most pronounced in 2020 an increase of 26% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($2.2 per square meter) and Indonesia ($2.2 per square meter), while the price for China ($2.2 per square meter) and Malaysia ($2.2 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.8%), 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 New Zealand (FOB) - 2022

The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $1.3 per square meter in 2022, with a decrease of -15.9% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 47%. Over the period under review, the average export prices attained the maximum at $2.7 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Norfolk Island ($1.7 per square meter) and Cook Islands ($1.6 per square meter), while the average price for exports to Fiji ($1.2 per square meter) and Australia ($1.2 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.3%), 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 New Zealand

In 2022, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into New Zealand reduced slightly to 2.2M square meters, declining by -3% against 2021 figures. In general, imports showed a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, imports of attained the peak figure at 2.3M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses rose significantly to $4.8M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9952,2883,2463,18816.9%
Thailand42041348571819.6%
Indonesia17315417741333.6%
MalaysiaN/AN/A52.8212301.5%
Australia1472192481878.4%
Others14914012283.1-17.7%
Total2,8843,2134,3304,80118.5%

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

  1. China (1449.8K square meters)
  2. Thailand (326.7K square meters)
  3. Indonesia (187.7K square meters)
  4. Malaysia (96.2K square meters)
  5. Australia (85.2K square meters)

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

For the third year in a row, New Zealand recorded decline in shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which decreased by -19.6% to 15K square meters in 2022. In general, exports saw a sharp descent. Over the period under review, the exports of attained the maximum at 99K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses contracted dramatically to $19K in 2022. Over the period under review, exports continue to indicate a precipitous contraction. Over the period under review, the exports of hit record highs at $212K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia99.833.97.56.9-59.0%
JapanN/A2.23.23.933.1%
Netherlands22.510.4N/A3.5-46.2%
BarbadosN/AN/A2.32.0-13.0%
Fiji8.6N/A2.71.5-44.1%
Norfolk Island1.40.60.10.8-17.0%
Cook Islands0.3N/A0.20.732.6%
Hong Kong SAR20.4N/A0.7N/A-81.5%
United Kingdom56.2N/A10.7N/A-56.4%
Others3.14.71.1N/A-40.4%
Total21251.828.519.3-55.0%

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

  1. Australia (5.7K square meters)
  2. Japan (3.0K square meters)
  3. Netherlands (2.7K square meters)
  4. Barbados (1.5K square meters)
  5. Fiji (1.3K square meters)
  6. Norfolk Island (0.5K square meters)
  7. Cook Islands (0.4K square meters)

Source: IndexBox Market Intelligence Platform

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