Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the Dominican Republic - 2023

Contents:

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

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

In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $32 per square meter, with an increase of 50% against the previous year. Over the period under review, the import price saw significant growth. The pace of growth was the most pronounced in 2020 an increase of 1,822% against the previous year. Over the period under review, average import 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 amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($51 per square meter), while the price for China totaled $30 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+38.8%).

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

In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $2.1 per square meter, reducing by -49.7% against the previous year. In general, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2013 an increase of 1,799%. As a result, the export price reached the peak level of $10 per square meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($2.7 per square meter), while the average price for exports to Haiti ($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 the United States (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the Dominican Republic

For the third consecutive year, the Dominican Republic recorded decline in supplies from abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses, which decreased by -30.7% to 261K square meters in 2022. In general, imports saw a significant decrease. The smallest decline of -4.7% was in 2021. Imports peaked at 7.9M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $8.3M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 87%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.04.07.47.623.9%
Mexico0.10.10.10.226.0%
Others0.30.20.50.626.0%
Total4.44.38.08.323.6%

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

  1. China (254.6K square meters)
  2. Mexico (3.6K square meters)

Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the Dominican Republic

In 2022, overseas shipments of glass mirrors; unframed, excluding rear-view mirrors for vehicleses decreased by -46.3% to 7.2K square meters, falling for the second year in a row after two years of growth. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,699% against the previous year. As a result, the exports reached the peak of 45K 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 shrank dramatically to $15K in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 7,988% against the previous year. As a result, the exports attained the peak of $129K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jamaica0.360.546.811.5237.2%
Haiti0.7N/A2.12.960.6%
Turks and Caicos IslandsN/A0.21.10.322.5%
United States0.465.55.00.1-37.0%
Others0.23.31.50.426.0%
Total1.612956.415.2111.8%

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

  1. Jamaica (4.3K square meters)
  2. Haiti (2.6K square meters)
  3. Turks and Caicos Islands (0.2K square meters)
  4. United States (0.1K square meters)

Source: IndexBox Market Intelligence Platform

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