Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia - 2022
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia (CIF) - 2022
In February 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.2 per unit, jumping by 88% against the previous month. Over the period under review, the import price posted a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Taiwan (Chinese) ($4.8 per unit), while the price for Malaysia ($397 per thousand units) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia (FOB) - 2022
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.5 per unit in 2022, waning by -19.2% against the previous year. Overall, the export price, however, saw a temperate increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 146% against the previous year. Over the period under review, the average export prices attained the peak figure at $3.1 per unit in 2021, and then shrank remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($4.3 per unit), while the average price for exports to the United States ($1.1 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 Ecuador (+18.1%), 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 Colombia
Imports of glass mirrors; whether or not framed, including rear-view mirrorses into Colombia surged to 39M units in 2022, growing by 23% on the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% 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 +57.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses surged to $28M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +80.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 10.4 | 14.2 | 18.6 | 17.0% |
| Brazil | 2.4 | 1.4 | 1.0 | 2.3 | -1.4% |
| Others | 5.2 | 3.5 | 3.1 | 6.9 | 9.9% |
| Total | 19.2 | 15.4 | 18.3 | 27.8 | 13.1% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Colombia in 2022:
- China (36.7M units)
- Brazil (1.0M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia
In 2022, exports of glass mirrors; whether or not framed, including rear-view mirrorses from Colombia declined significantly to 262K units, which is down by -27.3% compared with the year before. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 169% against the previous year. Over the period under review, the exports of hit record highs at 506K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses reduced sharply to $659K in 2022. In general, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 226% against the previous year. As a result, the exports attained the peak of $1.1M, and then contracted significantly in the following year.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 208 | 82.0 | 539 | 182 | -4.4% |
| United States | 4.4 | 29.2 | 21.0 | 100 | 183.3% |
| Chile | 19.4 | 54.7 | 129 | 61.5 | 46.9% |
| Guatemala | 53.8 | 21.9 | 75.7 | 52.7 | -0.7% |
| Costa Rica | 47.8 | 48.1 | 99.5 | 46.7 | -0.8% |
| Dominican Republic | 2.3 | 7.2 | 17.2 | 42.3 | 164.0% |
| Panama | 62.8 | 28.6 | 83.8 | 36.5 | -16.5% |
| Mexico | 37.1 | 2.9 | 8.1 | 24.9 | -12.4% |
| Nicaragua | 13.2 | 10.4 | 28.5 | 19.7 | 14.3% |
| El Salvador | 29.9 | 17.9 | 29.2 | 18.1 | -15.4% |
| Peru | 20.8 | 3.3 | 35.3 | 2.1 | -53.4% |
| Others | 28.5 | 38.0 | 56.0 | 73.0 | 36.8% |
| Total | 529 | 344 | 1,122 | 659 | 7.6% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Colombia in 2022:
- United States (90.2K units)
- Ecuador (44.4K units)
- Chile (31.8K units)
- Guatemala (20.4K units)
- Dominican Republic (12.7K units)
- Panama (10.9K units)
- Costa Rica (10.9K units)
- Mexico (10.5K units)
- Nicaragua (6.3K units)
- El Salvador (4.4K units)
- Peru (1.0K units)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Colombia.
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This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Colombia.
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This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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