Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria - 2022

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria (CIF) - 2022
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria (FOB) - 2022
  3. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria
  4. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria (CIF) - 2022

In 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.8 per unit, reducing by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. The import price peaked at $1.9 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($14 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria (FOB) - 2022

In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $28 per unit, dropping by -43.6% against the previous year. Over the period under review, the export price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 155% against the previous year. As a result, the export price attained the peak level of $49 per unit, and then dropped rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Tunisia.

From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to +4.1% per year.

Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria

For the third consecutive year, Algeria recorded decline in overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses, which decreased by -20.7% to 3.8M units in 2022. Over the period under review, imports showed a sharp decrease. Over the period under review, imports of reached the peak figure at 10M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses fell remarkably to $7M in 2022. In general, imports recorded a precipitous shrinkage. The smallest decline of -12.5% was in 2021. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.87.55.94.6-22.3%
Turkey1.50.20.20.4-35.6%
Others4.02.62.92.0-20.6%
Total15.410.39.07.0-23.1%

Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Algeria in 2022:

  1. China (3.5M units)
  2. Turkey (0.1M units)

Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria

In 2022, approx. 5K units of glass mirrors; whether or not framed, including rear-view mirrorses were exported from Algeria; rising by 56% on 2021. Overall, exports saw a relatively flat trend pattern. The exports peaked at 5.2K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses shrank to $138K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 57%. As a result, the exports attained the peak of $157K, and then fell in the following year.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia85.090.652.013015.2%
Others4.89.41057.817.6%
Total89.910015713815.4%

Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Algeria in 2022:

  1. Tunisia (5.0K units)

Source: IndexBox Market Intelligence Platform

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