Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan - 2023
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan (CIF) - 2022
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan (CIF) - 2022
The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $2.6 per square meter in 2022, picking up by 31% against the previous year. Over the period under review, the import price, however, recorded a slight descent. Over the period under review, average import prices reached the maximum at $4 per square meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($3.1 per square meter), while the price for China stood at $2.6 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%).
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan (FOB) - 2022
In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $2.1 per square meter, surging by 6.5% against the previous year. Overall, the export price posted strong growth. The growth pace was the most rapid in 2016 when the average export price increased by 162% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kenya ($2.3 per square meter) and South Africa ($2.1 per square meter), while the average price for exports to Afghanistan ($1.6 per square meter) and Tanzania ($1.6 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 Tanzania (+37.3%), 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 Pakistan
In 2022, approx. 1.2M square meters of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were imported into Pakistan; declining by -37.2% against 2021. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 82%. As a result, imports reached the peak of 1.9M square meters, and then declined remarkably in the following year.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses declined significantly to $3.2M in 2022. Overall, imports recorded a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $3.9M, and then dropped significantly in the following year.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 2.6 | 3.7 | 3.1 | -3.0% |
| Belgium | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 3.6 | 2.7 | 3.9 | 3.2 | -3.9% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Pakistan in 2022:
- China (1172.0K square meters)
- Belgium (30.5K square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan
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 -70.7% to 92K square meters. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 141%. As a result, the exports reached the peak of 315K square meters, and then dropped dramatically in the following year.
In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses contracted significantly to $192K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 311% against the previous year. As a result, the exports attained the peak of $613K, and then fell markedly in the following year.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | N/A | 46.7 | 213 | 52.7 | 6.2% |
| Jordan | N/A | N/A | 108 | 42.4 | -60.7% |
| Iraq | N/A | N/A | N/A | 19.7 | 0% |
| Tanzania | 5.0 | 34.2 | 50.9 | 19.4 | 57.1% |
| South Africa | N/A | 19.0 | 159 | 15.8 | -8.8% |
| Sri Lanka | 9.0 | 11.0 | 1.4 | 15.4 | 19.6% |
| Afghanistan | 15.4 | N/A | N/A | 13.1 | -5.2% |
| Nepal | N/A | 23.1 | 14.8 | 11.4 | -29.7% |
| Others | 10.2 | 15.2 | 65.5 | 1.7 | -45.0% |
| Total | 39.6 | 149 | 613 | 192 | 69.3% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Pakistan in 2022:
- Kenya (23.2K square meters)
- Jordan (20.0K square meters)
- Tanzania (12.0K square meters)
- Iraq (9.3K square meters)
- Afghanistan (8.2K square meters)
- Sri Lanka (7.9K square meters)
- South Africa (7.4K square meters)
- Nepal (3.5K square meters)
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