Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States - 2024

Contents:

  1. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States (CIF) - 2024
  2. Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States (FOB) - 2022
  3. Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States
  4. Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States

Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States (CIF) - 2024

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $19.7 per square meter in June 2024, which is down by -2.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices attained the peak figure at $24.5 per square meter in August 2023; however, from September 2023 to June 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($34.9 per square meter), while the price for China ($13.8 per square meter) was amongst the lowest.

From June 2023 to June 2024, the most notable rate of growth in terms of prices was attained by Mexico (-0.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $2.5 per square meter in 2022, which is down by -10.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 20% against the previous year. The export price peaked at $2.8 per square meter in 2021, and then reduced in the following year.

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 the UK ($12 per square meter), while the average price for exports to India ($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 the UK (+16.6%), 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 the United States

Imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into the United States soared to 18M square meters in 2022, surging by 21% against the year before. Over the period under review, imports, however, showed a dramatic shrinkage. Imports peaked at 88M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $120M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China79.566.067.267.2-5.4%
Mexico10.811.712.320.624.0%
Canada10.26.911.815.615.2%
Italy2.61.82.33.27.2%
France0.50.30.30.817.0%
Germany0.70.40.60.84.6%
EgyptN/A0.61.20.78.0%
South Korea0.10.30.60.791.3%
Vietnam0.70.60.40.6-5.0%
Netherlands0.40.10.20.40.0%
Belgium0.12.40.20.10.0%
Others6.37.111.69.715.5%
Total11298.31091202.3%

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

  1. Canada (11.2M square meters)
  2. Italy (2.2M square meters)
  3. China (0.7M square meters)
  4. France (0.6M square meters)
  5. Germany (0.5M square meters)
  6. South Korea (0.5M square meters)
  7. Egypt (0.4M square meters)
  8. Vietnam (0.4M square meters)
  9. Netherlands (0.3M square meters)
  10. Mexico (0.2M square meters)
  11. Belgium (0.1M square meters)

Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States

In 2022, shipments abroad of glass mirrors; unframed, excluding rear-view mirrors for vehicleses was finally on the rise to reach 7.6M square meters after two years of decline. In general, exports, however, faced a abrupt contraction. The exports peaked at 12M 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 stood at $19M in 2022. Over the period under review, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 2.7% against the previous year. As a result, the exports attained the peak of $26M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada5.76.15.15.91.2%
Mexico7.611.36.35.7-9.1%
China2.31.30.91.8-7.8%
Japan3.02.02.61.1-28.4%
South Korea2.32.01.10.8-29.7%
Australia0.10.5N/A0.344.2%
Italy0.90.5N/A0.3-30.7%
Bahamas0.3N/A0.10.1-30.7%
Others3.52.72.72.8-7.2%
Total25.726.418.818.9-9.7%

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

  1. Mexico (3594.5K square meters)
  2. Canada (2327.4K square meters)
  3. China (422.8K square meters)
  4. Australia (176.3K square meters)
  5. Japan (136.5K square meters)
  6. South Korea (121.7K square meters)
  7. Bahamas (114.7K square meters)
  8. Italy (42.9K square meters)

Source: IndexBox Market Intelligence Platform

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