Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador - 2022
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador (CIF) - 2022
The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $0.9 per unit in 2022, rising by 67% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($4.8 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+22.3%), 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 Ecuador (FOB) - 2022
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $5.9 per unit in 2022, with an increase of 19% against the previous year. In general, the export price continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the peak figure at $6.9 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 Arab Emirates ($12 per unit), while the average price for exports to Chile ($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 New Zealand (+4.9%), 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 Ecuador
In 2022, approx. 10M units of glass mirrors; whether or not framed, including rear-view mirrorses were imported into Ecuador; falling by -32.5% on 2021. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of 15M units, and then fell rapidly in the following year.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses expanded significantly to $9.6M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +87.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 66%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.4 | 3.4 | 5.6 | 6.4 | 5.8% |
| Taiwan (Chinese) | 0.8 | 0.6 | 1.1 | 1.0 | 7.7% |
| Others | 1.7 | 1.1 | 1.8 | 2.2 | 9.0% |
| Total | 7.9 | 5.1 | 8.5 | 9.6 | 6.7% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Ecuador in 2022:
- China (9.5M units)
- Taiwan (Chinese) (0.3M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador
In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Ecuador surged to 16K units, increasing by 37% against the previous year. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 69%. Over the period under review, the exports of attained the maximum at 23K units in 2019; however, from 2020 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 surged to $92K in 2022. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 154% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.4 | 3.5 | 13.4 | 43.3 | 213.9% |
| United States | 7.9 | 3.5 | 12.3 | 16.0 | 26.5% |
| Colombia | 20.8 | 0.5 | 0.9 | 14.9 | -10.5% |
| Mexico | 1.8 | 1.0 | 2.5 | 7.4 | 60.2% |
| Peru | 22.4 | 1.2 | 1.6 | 6.5 | -33.8% |
| Guatemala | N/A | N/A | N/A | 2.6 | 0% |
| Panama | N/A | 0.3 | 4.5 | 0.7 | 52.8% |
| Aruba | 4.9 | 2.6 | N/A | N/A | -46.9% |
| Cuba | 2.7 | N/A | N/A | N/A | 0% |
| Others | 8.7 | 9.6 | 21.1 | 0.5 | -61.4% |
| Total | 70.5 | 22.2 | 56.3 | 91.9 | 9.2% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Ecuador in 2022:
- United Arab Emirates (3.7K units)
- United States (3.6K units)
- Peru (3.3K units)
- Colombia (2.1K units)
- Guatemala (1.1K units)
- Mexico (1.0K units)
- Panama (0.4K units)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Ecuador.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Ecuador.
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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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