Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam - 2022
Contents:
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam (CIF) - 2022
- Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam (FOB) - 2022
- Imports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam
- Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam (CIF) - 2022
In 2022, the average import price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses amounted to $1 per square meter, reducing by -31.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 81% against the previous year. The import price peaked at $1.7 per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1.6 per square meter), while the price for China ($769 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 Indonesia (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam (FOB) - 2022
The average export price for glass mirrors; unframed, excluding rear-view mirrors for vehicleses stood at $2.7 per square meter in 2022, surging by 36% against the previous year. Over the period under review, the export price posted a moderate increase. The most prominent rate of growth was recorded in 2016 an increase of 36%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($8.3 per square meter), while the average price for exports to Cambodia ($856 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 the Philippines (+30.7%), 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 Vietnam
In 2022, approx. 28M square meters of glass mirrors; unframed, excluding rear-view mirrors for vehicleses were imported into Vietnam; rising by 56% compared with the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% 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 +81.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses expanded rapidly to $29M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.0 | 16.4 | 13.6 | 12.2 | -12.2% |
Malaysia | 0.5 | 1.0 | 3.9 | 5.2 | 118.3% |
Indonesia | 2.8 | 2.9 | 3.2 | 4.5 | 17.1% |
United States | 2.2 | 2.6 | 3.1 | 3.7 | 18.9% |
Thailand | 2.8 | 2.7 | 2.5 | 2.9 | 1.2% |
Others | 0.8 | 0.8 | 0.5 | 0.3 | -27.9% |
Total | 27.0 | 26.4 | 26.8 | 28.8 | 2.2% |
Top Suppliers of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles to Vietnam in 2022:
- China (15.9M square meters)
- Malaysia (3.9M square meters)
- United States (2.8M square meters)
- Indonesia (2.7M square meters)
- Thailand (2.5M square meters)
Exports of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam
In 2022, the amount of glass mirrors; unframed, excluding rear-view mirrors for vehicleses exported from Vietnam fell markedly to 2.5M square meters, waning by -27.5% compared with 2021 figures. In general, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 5.1% against the previous year. Over the period under review, the exports of hit record highs at 5M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of glass mirrors; unframed, excluding rear-view mirrors for vehicleses shrank to $6.8M in 2022. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 7.7% against the previous year. The exports peaked at $8.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 3,931 | 2,757 | 3,326 | 3,385 | -4.9% |
Malaysia | 133 | 196 | 709 | 1,274 | 112.4% |
Taiwan (Chinese) | 2,691 | 1,347 | 1,184 | 817 | -32.8% |
China | 46.5 | 485 | 52.1 | 274 | 80.6% |
United States | 194 | 248 | 217 | 204 | 1.7% |
Kuwait | 5.9 | 3.7 | 3.2 | 195 | 220.9% |
Cambodia | 99.9 | 92.8 | 108 | 84.8 | -5.3% |
Italy | 3.2 | 5.2 | 73.9 | 51.0 | 151.7% |
Hong Kong SAR | 158 | 462 | 493 | 41.4 | -36.0% |
Philippines | 217 | 137 | 69.5 | 34.0 | -46.1% |
Others | 861 | 678 | 667 | 438 | -20.2% |
Total | 8,341 | 6,412 | 6,903 | 6,798 | -6.6% |
Top Export Markets for Glass Mirrors; Unframed, Excluding Rear-View Mirrors for Vehicles from Vietnam in 2022:
- Thailand (1295.3K square meters)
- Taiwan (Chinese) (535.0K square meters)
- Malaysia (198.7K square meters)
- United States (151.9K square meters)
- Cambodia (99.1K square meters)
- Kuwait (54.7K square meters)
- Italy (40.9K square meters)
- China (38.7K square meters)
- Philippines (6.6K square meters)
- Hong Kong SAR (5.0K square meters)
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Vietnam.
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Vietnam.
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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