Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland - 2024
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland (CIF) - 2024
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland (CIF) - 2024
In May 2024, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $3.8 per square meter, which is down by -2.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in October 2023 an increase of 35% month-to-month. The import price peaked at $4.6 per square meter in July 2023; however, from August 2023 to May 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Austria ($7.9 per square meter), while the price for Belgium ($1.4 per square meter) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), 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 Switzerland (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $6.6 per square meter in 2022, growing by 13% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the maximum at $10 per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($17 per square meter), while the average price for exports to Italy ($4.4 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 Austria (+1.3%), while the prices for the other major destinations experienced a decline.
Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland
In 2022, after three years of growth, there was significant decline in purchases abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, when their volume decreased by -30% to 3.8M square meters. In general, imports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 5.4M square meters, and then contracted dramatically in the following year.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses reached $14M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.9 | 5.0 | 5.3 | 5.9 | 6.4% |
| Italy | 2.5 | 2.3 | 3.2 | 3.2 | 8.6% |
| China | 1.2 | 1.3 | 1.4 | 1.4 | 5.3% |
| Czech Republic | 1.0 | 1.1 | 1.5 | 1.2 | 6.3% |
| Belgium | 1.1 | 1.1 | 1.3 | 1.1 | 0.0% |
| France | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Austria | 0.5 | 0.5 | 0.5 | 0.4 | -7.2% |
| Others | 0.9 | 0.7 | 0.8 | 0.8 | -3.9% |
| Total | 12.4 | 12.4 | 14.3 | 14.5 | 5.4% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Switzerland in 2022:
- Italy (1085.3K square meters)
- Germany (994.5K square meters)
- Belgium (492.2K square meters)
- China (481.4K square meters)
- Czech Republic (404.2K square meters)
- France (135.1K square meters)
- Austria (87.9K square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland
In 2022, shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses decreased by -26.2% to 509K square meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of 690K square meters, and then shrank markedly in the following year.
In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses shrank remarkably to $3.4M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $4.1M, and then dropped rapidly in the following year.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,233 | 2,241 | 2,939 | 2,199 | -0.5% |
| Italy | 292 | 227 | 403 | 383 | 9.5% |
| United Kingdom | 173 | 172 | 345 | 295 | 19.5% |
| France | 66.1 | 47.5 | 72.7 | 153 | 32.3% |
| Austria | 143 | 133 | 130 | 108 | -8.9% |
| Turkey | 71.3 | 76.5 | 122 | 55.2 | -8.2% |
| Others | 123 | 214 | 50.8 | 183 | 14.2% |
| Total | 3,102 | 3,110 | 4,062 | 3,376 | 2.9% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Switzerland in 2022:
- Germany (345.7K square meters)
- Italy (86.6K square meters)
- United Kingdom (40.1K square meters)
- Austria (10.5K square meters)
- Turkey (9.1K square meters)
- France (9.1K square meters)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Switzerland.
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