Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile - 2023

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile (CIF) - 2023
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile (FOB) - 2022
  3. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile
  4. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile (CIF) - 2023

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.4 per unit in November 2023, growing by 4.5% against the previous month. In general, the import price, however, saw a pronounced slump. The growth pace was the most rapid in March 2023 when the average import price increased by 73% month-to-month. As a result, import price attained the peak level of $2.4 per unit. From April 2023 to November 2023, the average import prices remained 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 ($975 per thousand units), while the price for Belgium stood at $364 per thousand units.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (-1.9%).

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

In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1 per unit, picking up by 29% against the previous year. Overall, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices attained the peak figure at $1.6 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7.7 per unit), while the average price for exports to Peru ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+59.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses, when their volume decreased by -44.3% to 15M units. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 306%. As a result, imports reached the peak of 27M units, and then fell significantly in the following year.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses reduced rapidly to $28M in 2022. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 when imports increased by 128%. As a result, imports reached the peak of $34M, and then contracted rapidly in the following year.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.59.524.217.117.7%
Others9.95.39.510.72.6%
Total20.414.833.727.810.9%

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

  1. China (13.9M units)

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

In 2022, overseas shipments of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -39.4% to 311K units, falling for the second year in a row after two years of growth. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 1M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses dropped notably to $314K in 2022. Over the period under review, exports saw a precipitous curtailment. The smallest decline of -1.1% was in 2020. Over the period under review, the exports of attained the peak figure at $742K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru35552221278.5-39.5%
United States82.031.162.052.0-14.1%
Paraguay68.134.842.547.3-11.4%
Mexico1.19.34.019.5160.7%
Panama35.0N/AN/A1.9-62.1%
Haiti15.715.6N/AN/A-0.6%
Others18512181.0115-14.7%
Total742734402314-24.9%

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

  1. Peru (251.8K units)
  2. Paraguay (37.2K units)
  3. United States (6.8K units)
  4. Mexico (5.3K units)
  5. Panama (2.5K units)

Source: IndexBox Market Intelligence Platform

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