Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand - 2024
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand (CIF) - 2024
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand (CIF) - 2024
The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $21.4 per square meter in May 2024, dropping by -23.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 46% against the previous month. As a result, import price attained the peak level of $43.3 per square meter. From October 2023 to May 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($213 per square meter), while the price for China amounted to $15.1 per square meter.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+0.7%).
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $36 per square meter in 2022, surging by 123% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 323%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($110 per square meter), while the average price for exports to Switzerland ($1.2 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 Hong Kong SAR (+62.8%), 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 Thailand
For the third consecutive year, Thailand recorded decline in overseas purchases of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which decreased by -0.8% to 8M square meters in 2022. Overall, imports saw a abrupt contraction. Imports peaked at 15M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses surged to $29M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.4 | 15.0 | 14.7 | 14.2 | 4.6% |
| Vietnam | 3.1 | 3.4 | 3.2 | 4.2 | 10.7% |
| Canada | 1.2 | 1.2 | 0.9 | 1.3 | 2.7% |
| Singapore | 0.5 | 0.4 | 0.3 | 1.1 | 30.1% |
| Taiwan (Chinese) | 0.3 | 0.9 | 0.8 | 0.2 | -12.6% |
| Indonesia | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Others | 4.7 | 6.8 | 4.1 | 8.0 | 19.4% |
| Total | 22.3 | 27.8 | 24.2 | 29.0 | 9.2% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Thailand in 2022:
- China (5.1M square meters)
- Canada (1.8M square meters)
- Singapore (0.3M square meters)
- Vietnam (0.2M square meters)
- Taiwan (Chinese) (0.1M square meters)
- Indonesia (0.1M square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand
For the third consecutive year, Thailand recorded decline in overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which decreased by -71.2% to 427K square meters in 2022. Over the period under review, exports recorded a precipitous setback. The smallest decline of -53.9% was in 2021. The exports peaked at 14M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses fell sharply to $15M in 2022. Overall, exports saw a deep slump. The smallest decline of -0.7% was in 2021. The exports peaked at $25M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,923 | 2,615 | 2,311 | 2,747 | -2.0% |
| Hong Kong SAR | 1,070 | 1,536 | 2,916 | 2,709 | 36.3% |
| United States | 1,381 | 1,360 | 1,759 | 1,792 | 9.1% |
| India | 365 | 887 | 1,103 | 1,374 | 55.6% |
| South Korea | 2,301 | 2,097 | 1,381 | 1,218 | -19.1% |
| Italy | 119 | 295 | 891 | 743 | 84.1% |
| China | 235 | 570 | 778 | 712 | 44.7% |
| Cambodia | 307 | 446 | 355 | 545 | 21.1% |
| Lao People's Democratic Republic | 331 | 504 | 339 | 401 | 6.6% |
| Japan | 1,569 | 1,300 | 993 | 177 | -51.7% |
| Indonesia | 852 | 288 | 172 | 152 | -43.7% |
| Taiwan (Chinese) | 20.8 | 11.5 | 0.3 | 60.4 | 42.7% |
| Switzerland | N/A | 0.1 | N/A | 26.8 | 1537.1% |
| Others | 13,344 | 11,956 | 10,690 | 2,555 | -42.4% |
| Total | 24,819 | 23,865 | 23,687 | 15,213 | -15.1% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Thailand in 2022:
- South Korea (105.9K square meters)
- Cambodia (43.3K square meters)
- Lao People's Democratic Republic (34.4K square meters)
- Spain (28.7K square meters)
- China (26.6K square meters)
- India (24.8K square meters)
- Hong Kong SAR (24.5K square meters)
- Switzerland (21.5K square meters)
- United States (19.6K square meters)
- Japan (14.3K square meters)
- Indonesia (12.9K square meters)
- Italy (11.6K square meters)
- Taiwan (Chinese) (9.4K square meters)
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