Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Tanzania - 2023

Contents:

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

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

In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $476 per thousand square meters, waning by -7% against the previous year. In general, the import price recorded a slight decline. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. Over the period under review, average import prices reached the maximum at $616 per thousand square meters in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($741 per thousand square meters), while the price for Pakistan ($199 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 China (+1.7%), while the prices for the other major suppliers experienced a decline.

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Tanzania (FOB) - 2022

In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1.7 per square meter, increasing by 2.3% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1,417%. As a result, the export price attained the peak level of $3.8 per square meter. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($3.4 per square meter), while the average price for exports to Cote d'Ivoire ($786 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+25.2%), 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 Tanzania

Imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into Tanzania surged to 2.4M square meters in 2022, growing by 23% on 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.3% 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 +65.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses expanded rapidly to $1.2M in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. China (1682.2K square meters)
2. Hong Kong SAR (309.9K square meters)
3. Spain (304.9K square meters)
4. Pakistan (100.6K square meters)

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

In 2022, shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses decreased by -72.8% to 665 square meters, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 when exports increased by 581%. As a result, the exports reached the peak of 5.1K square meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses reduced markedly to $1.1K in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 251% against the previous year. The exports peaked at $4K in 2021, and then reduced rapidly in the following year.

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

1. Malawi (340.0 square meters)
2. Cote d'Ivoire (182.0 square meters)
3. Zambia (136.0 square meters)

Source: IndexBox Market Intelligence Platform