Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore - 2023
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore (CIF) - 2022
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore (CIF) - 2022
In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1.3 per square meter, dropping by -27.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 24% against the previous year. As a result, import price attained the peak level of $1.8 per square meter, and then fell markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3.4 per square meter), while the price for Malaysia ($743 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), 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 Singapore (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $6.7 per square meter in 2022, growing by 53% against the previous year. Overall, the export price showed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 105%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($70 per square meter), while the average price for exports to Brunei Darussalam ($1.1 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 Japan (+50.2%), 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 Singapore
In 2022, purchases abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses decreased by -10.9% to 4.3M square meters, falling for the second year in a row after two years of growth. In general, imports, however, recorded a noticeable expansion. The growth pace was the most rapid in 2020 with an increase of 165%. As a result, imports attained the peak of 11M square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses dropped markedly to $5.5M in 2022. Overall, imports, however, enjoyed a measured expansion. The growth pace was the most rapid in 2020 when imports increased by 203%. As a result, imports reached the peak of $15M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1.0 | 0.7 | 1.6 | 1.9 | 23.9% |
| China | 2.7 | 13.5 | 4.7 | 1.6 | -16.0% |
| Malaysia | 0.1 | 0.2 | 0.9 | 0.9 | 108.0% |
| Germany | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Belgium | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Italy | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Others | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Total | 5.1 | 15.3 | 8.5 | 5.5 | 2.5% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Singapore in 2022:
- Indonesia (1378.7K square meters)
- China (1192.0K square meters)
- Malaysia (1189.0K square meters)
- Belgium (204.0K square meters)
- Germany (126.6K square meters)
- Italy (2.3K square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Singapore
In 2022, the amount of glass mirrors; unframed, excluding rear-view mirrors for vehicleses exported from Singapore reduced notably to 116K square meters, which is down by -51.7% against 2021. Over the period under review, exports faced a dramatic decrease. The smallest decline of -22.6% was in 2020. 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 contracted notably to $776K in 2022. In general, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. The exports peaked at $1.1M 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 274 | 453 | 501 | 322 | 5.5% |
| Indonesia | 59.4 | 53.6 | 140 | 138 | 32.4% |
| Thailand | 14.1 | 91.9 | 3.7 | 86.5 | 83.1% |
| China | 30.5 | 36.0 | 111 | 43.2 | 12.3% |
| Japan | 8.5 | 39.5 | 13.2 | 30.7 | 53.4% |
| Taiwan (Chinese) | 6.8 | 1.3 | 1.9 | 14.4 | 28.4% |
| United States | 27.8 | 14.4 | 8.2 | 13.9 | -20.6% |
| Hong Kong SAR | 27.3 | 5.2 | 53.1 | 13.2 | -21.5% |
| Brunei Darussalam | 3.8 | 4.7 | 6.8 | 5.2 | 11.0% |
| Maldives | 87.2 | 6.0 | 10.9 | 2.2 | -70.7% |
| Australia | 47.0 | 0.6 | 4.6 | 0.2 | -83.8% |
| Vietnam | 187 | 16.2 | 0.1 | 0.2 | -89.8% |
| Macao SAR | 174 | 40.1 | N/A | N/A | -77.0% |
| Others | 185 | 103 | 193 | 107 | -16.7% |
| Total | 1,132 | 865 | 1,048 | 776 | -11.8% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Singapore in 2022:
- Malaysia (51.4K square meters)
- Indonesia (20.1K square meters)
- Thailand (16.9K square meters)
- China (6.5K square meters)
- Brunei Darussalam (4.8K square meters)
- Taiwan (Chinese) (2.7K square meters)
- Hong Kong SAR (2.3K square meters)
- United States (2.2K square meters)
- Japan (0.4K square meters)
- Maldives (0.2K square meters)
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