Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bangladesh - 2022
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bangladesh (CIF) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bangladesh
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bangladesh (CIF) - 2022
The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.5 per unit in 2022, which is down by -12.4% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 70%. Over the period under review, average import prices attained the maximum at $1.8 per unit in 2021, and then dropped 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 India ($3.4 per unit), while the price for China stood at $1.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.8%).
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bangladesh
In 2022, approx. 9.1M units of glass mirrors; whether or not framed, including rear-view mirrorses were imported into Bangladesh; with an increase of 54% on the year before. Over the period under review, imports, however, faced a abrupt decrease. Imports peaked at 14M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses skyrocketed to $14M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +88.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 5.8 | 8.3 | 12.0 | 7.7% |
| India | 1.4 | 1.4 | 1.5 | 1.7 | 6.7% |
| Others | 0.2 | 0.3 | 0.6 | 0.4 | 26.0% |
| Total | 11.1 | 7.5 | 10.4 | 14.0 | 8.0% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Bangladesh in 2022:
- China (8.5M units)
- India (0.5M units)
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