Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Turkey - 2024

Contents:

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

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

In 2022, the average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $866 per thousand square meters, surging by 18% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The export price peaked at $894 per thousand square meters in 2016; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($1.4 per square meter), while the average price for exports to the United Arab Emirates ($575 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 Spain (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $3.3 per square meter in 2022, standing approx. at the previous year. Over the period under review, the import price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 117%. As a result, import price attained the peak level of $3.4 per square meter, leveling off in the following year.

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 Malaysia ($13 per square meter), while the price for Egypt ($863 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 Malaysia (+388.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of glass mirrors; unframed, excluding rear-view mirrors for vehicleses exported from Turkey amounted to 20M square meters, with an increase of 2.3% compared with the year before. Over the period under review, exports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 41%. The exports peaked at 22M 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 soared to $18M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +108.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel1,0971,2512,0192,04723.1%
Morocco7536531,0651,96037.6%
Italy1,4149362,5781,5092.2%
Lebanon10626.595.6976109.6%
Georgia5994746767899.6%
Iraq45137646565013.0%
United Arab Emirates10318239261881.7%
Albania72516.972.1575-7.4%
Spain1,842469137541-33.5%
Cyprus23321423249128.2%
United Kingdom675373474409-15.4%
Portugal608284732376-14.8%
Ireland3031633033706.9%
Others4,5123,0815,4596,39212.3%
Total13,4218,50014,70117,7039.7%

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

  1. Israel (3.3M square meters)
  2. Morocco (3.3M square meters)
  3. Italy (2.5M square meters)
  4. Lebanon (1.5M square meters)
  5. Georgia (1.1M square meters)
  6. United Arab Emirates (1.1M square meters)
  7. Albania (0.7M square meters)
  8. Ireland (0.6M square meters)
  9. Cyprus (0.6M square meters)
  10. Spain (0.6M square meters)
  11. Portugal (0.5M square meters)
  12. United Kingdom (0.5M square meters)
  13. Iraq (0.5M square meters)

Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Turkey

Imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses into Turkey contracted markedly to 2M square meters in 2022, which is down by -28.8% against the previous year's figure. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 36%. As a result, imports reached the peak of 2.8M square meters, and then fell remarkably in the following year.

In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses reduced rapidly to $6.7M in 2022. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 195% against the previous year. As a result, imports reached the peak of $9.5M, and then fell rapidly in the following year.

Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran4.03.45,8901,904680.8%
Egypt48619650071813.9%
China1,5811,3971,058632-26.3%
MalaysiaN/A29.8N/A546328.0%
France25024026735912.8%
Spain57.110719813934.5%
Belgium10396.418783.2-6.9%
Bulgaria8.6N/A11328.148.4%
Others1,8901,1311,2382,3086.9%
Total4,3793,2019,4526,71815.3%

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

  1. Egypt (832.2K square meters)
  2. China (676.1K square meters)
  3. Iran (141.8K square meters)
  4. France (96.3K square meters)
  5. Spain (76.6K square meters)
  6. Belgium (49.1K square meters)
  7. Malaysia (40.6K square meters)
  8. Bulgaria (3.1K square meters)

Source: IndexBox Market Intelligence Platform

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