Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan (CIF) - 2023
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan (CIF) - 2023
In November 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $310 per thousand units, reducing by -2.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 60% month-to-month. Over the period under review, average import prices hit record highs at $588 per thousand units in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($1.0 per unit), while the price for Russia ($210 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Iran (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan (FOB) - 2022
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.2 per unit in 2022, rising by 77% against the previous year. Overall, the export price recorded a mild expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 140%. As a result, the export price attained the peak level of $3 per unit. From 2016 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 Georgia ($1.7 per unit), while the average price for exports to Russia ($0.4 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.7%), while the prices for the other major destinations experienced a decline.
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan
In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses imported into Azerbaijan rose modestly to 15M units, increasing by 3% compared with 2021 figures. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses rose remarkably to $6.1M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.6 | 1.7 | 2.8 | 2.9 | 3.7% |
| Turkey | 0.7 | 0.5 | 0.7 | 1.0 | 12.6% |
| China | 0.8 | 0.7 | 0.6 | 0.8 | 0.0% |
| Others | 1.6 | 1.1 | 1.4 | 1.4 | -4.4% |
| Total | 5.7 | 4.0 | 5.5 | 6.1 | 2.3% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Azerbaijan in 2022:
- Russia (13.3M units)
- Turkey (0.7M units)
- China (0.6M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan
In 2022, exports of glass mirrors; whether or not framed, including rear-view mirrorses from Azerbaijan soared to 66K units, growing by 26% against the previous year's figure. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 237%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses surged to $77K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 140% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 0.1 | 2.9 | 0.9 | 45.8 | 670.8% |
| United States | 0.5 | 7.6 | 27.6 | 28.2 | 283.5% |
| United Kingdom | 3.2 | 0.5 | 2.6 | 0.8 | -37.0% |
| Russia | 0.3 | 0.4 | 0.3 | 0.6 | 26.0% |
| Others | 7.7 | 2.9 | 3.2 | 1.5 | -42.0% |
| Total | 11.8 | 14.4 | 34.5 | 76.8 | 86.7% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Azerbaijan in 2022:
- United States (36.1K units)
- Georgia (26.6K units)
- Russia (1.6K units)
- United Kingdom (0.6K units)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Azerbaijan.
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This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
349
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Azerbaijan.
564
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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