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

Contents:

  1. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Romania (CIF) - 2024
  2. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Romania (FOB) - 2024
  3. Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Romania
  4. Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Romania

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Romania (CIF) - 2024

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $28.6 per square meter in April 2024, increasing by 19% against the previous month. Over the period from April 2023 to April 2024, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in July 2023 an increase of 28% month-to-month. Over the period under review, average import prices reached the peak figure in April 2024.

Prices varied noticeably by the country of origin: the country with the highest price was Moldova ($71.2 per square meter), while the price for China ($26.3 per square meter) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Moldova (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Romania (FOB) - 2024

The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $27.6 per square meter in April 2024, with a decrease of -24.8% against the previous month. In general, the export price recorded a slight setback. The most prominent rate of growth was recorded in January 2024 an increase of 201% against the previous month. As a result, the export price attained the peak level of $71.1 per square meter. From February 2024 to April 2024, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In April 2024, the country with the highest price was Turkey ($32.5 per square meter), while the average price for exports to Serbia stood at $22.3 per square meter.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.7%), 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 Romania

For the fourth year in a row, Romania recorded growth in purchases abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which increased by 5.3% to 19M square meters in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.5% 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 +79.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $17M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +65.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.84.96.46.510.6%
Bulgaria2.43.03.74.018.6%
Poland0.61.43.23.376.5%
Czech Republic0.70.91.31.219.7%
Belgium0.10.20.40.571.0%
Germany0.30.30.40.30.0%
Others1.41.11.51.64.6%
Total10.511.916.917.418.3%

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

  1. Bulgaria (7.5M square meters)
  2. China (5.9M square meters)
  3. Czech Republic (2.2M square meters)
  4. Poland (2.1M square meters)
  5. Belgium (0.7M square meters)
  6. Germany (0.2M square meters)

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

In 2022, shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses increased by 49% to 52K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic contraction. The exports peaked at 526K 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 skyrocketed to $1.4M in 2022. In general, exports recorded a significant expansion. 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 Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany472359343279-16.1%
Greece11.128.971.5248181.6%
Turkey2.02.0N/A142314.1%
Italy43.40.654.413947.4%
Hungary49.134.412211733.6%
Croatia2.83.931.7111241.0%
Bulgaria30.262.870.799.048.6%
Slovenia1.43.234.488.3298.1%
Cyprus19.714.516.456.642.2%
Moldova22.422.477.66.7-33.1%
Others51.735.438.511530.5%
Total7065678601,40025.6%

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

  1. Germany (17.3K square meters)
  2. Greece (6.4K square meters)
  3. Turkey (5.1K square meters)
  4. Italy (4.9K square meters)
  5. Croatia (3.6K square meters)
  6. Bulgaria (3.2K square meters)
  7. Cyprus (2.9K square meters)
  8. Slovenia (2.1K square meters)
  9. Hungary (2.0K square meters)
  10. Moldova (0.2K square meters)

Source: IndexBox Market Intelligence Platform

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