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

Contents:

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

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

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.5 per unit in 2022, waning by -20.1% against the previous year. Overall, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 56% against the previous year. The export price peaked at $2.3 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($5.2 per unit), while the average price for exports to the United States ($0.6 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 Palestine (+51.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In September 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.6 per unit, declining by -3.3% against the previous month. Overall, the import price saw a perceptible decrease. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 87% month-to-month. As a result, import price reached the peak level of $4.6 per unit. From November 2022 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2.2 per unit), while the price for China stood at $1.4 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (-0.3%).

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

In 2022, exports of glass mirrors; whether or not framed, including rear-view mirrorses from Egypt surged to 9.1M units, increasing by 22% compared with 2021. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 196% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses shrank to $14M in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 140% against the previous year. As a result, the exports reached the peak of $14M, and then shrank modestly in the following year.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco2295211,9542,038107.2%
Saudi Arabia6725822,4841,48230.2%
Sudan1,2286058591,4575.9%
Libya3103881,00792343.9%
Turkey58134990382712.5%
Jordan11336245777990.3%
Spain6861,1351427653.7%
Palestine34.1N/A577715175.8%
United States1083851,31968084.7%
Lebanon81.849.147463798.2%
IsraelN/A33.6300632333.7%
United Arab Emirates25150536349725.6%
Tunisia16.249.6321236144.2%
Others8819012,9352,06132.7%
Total5,1905,86514,09613,72938.3%

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

  1. Morocco (2531.9K units)
  2. Libya (1145.4K units)
  3. United States (1090.6K units)
  4. Jordan (844.0K units)
  5. Turkey (716.4K units)
  6. Sudan (673.6K units)
  7. Lebanon (401.8K units)
  8. Saudi Arabia (364.5K units)
  9. Israel (215.3K units)
  10. United Arab Emirates (210.8K units)
  11. Tunisia (168.9K units)
  12. Palestine (157.4K units)
  13. Spain (145.8K units)

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

After two years of decline, supplies from abroad of glass mirrors; whether or not framed, including rear-view mirrorses increased by 4.6% to 2.7M units in 2022. Over the period under review, imports, however, saw a dramatic decline. Imports peaked at 5.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses expanded modestly to $7M in 2022. In general, imports, however, recorded a abrupt setback. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.75.14.35.4-11.2%
United States0.30.10.10.410.1%
Turkey0.20.20.10.20.0%
India1.9N/AN/A0.1-62.5%
Others3.11.72.20.9-33.8%
Total13.27.16.77.0-19.1%

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

  1. China (2358.6K units)
  2. United States (64.7K units)
  3. Turkey (49.9K units)
  4. India (16.1K units)

Source: IndexBox Market Intelligence Platform

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