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

Contents:

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

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

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $6.8 per unit in October 2023, with an increase of 14% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 21% month-to-month. Over the period under review, average import prices hit record highs in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($44.3 per unit), while the price for Ukraine ($915 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Morocco (+8.2%), 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 Germany (FOB) - 2023

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $11.7 per unit in October 2023, increasing by 16% against the previous month. Over the period under review, export price indicated a noticeable increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for glass mirrors; whether or not framed, including rear-view mirrorses increased by +16.4% against September 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 26% m-o-m. Over the period under review, the average export prices attained the peak figure in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was China ($32.2 per unit), while the average price for exports to Iceland ($896 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.8%), 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 Germany

In 2022, approx. 179M units of glass mirrors; whether or not framed, including rear-view mirrorses were imported into Germany; falling by -5.9% on 2021. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.7% against the previous year. Imports peaked at 224M 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 shrank slightly to $819M in 2022. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 5% against the previous year. Imports peaked at $1.2B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States639275284287-23.4%
Hungary268212194160-15.8%
China69.559.480.810314.0%
Poland59.957.575.878.99.6%
France34.131.927.727.9-6.5%
Spain31.224.627.927.8-3.8%
Slovakia38.827.522.426.1-12.4%
Czech Republic21.421.725.121.80.6%
Netherlands6.715.219.115.030.8%
Italy11.710.512.912.11.1%
Belgium11.29.011.79.2-6.3%
Others43.643.746.949.94.6%
Total1,235789828819-12.8%

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

  1. China (59.1M units)
  2. Czech Republic (37.8M units)
  3. Poland (19.5M units)
  4. France (9.8M units)
  5. United States (8.9M units)
  6. Hungary (7.0M units)
  7. Belgium (7.0M units)
  8. Netherlands (5.3M units)
  9. Italy (4.6M units)
  10. Spain (4.1M units)
  11. Slovakia (2.8M units)

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

In 2022, approx. 90M units of glass mirrors; whether or not framed, including rear-view mirrorses were exported from Germany; picking up by 2.6% against 2021. The total export volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses fell to $644M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, the exports reached the peak of $697M, and then dropped in the following year.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China153153151134-4.3%
France40.438.547.050.47.7%
Belgium42.634.947.348.34.3%
Spain38.835.242.140.51.4%
United Kingdom42.529.839.539.0-2.8%
Austria29.626.742.028.2-1.6%
Poland18.019.824.826.413.6%
Sweden20.718.625.524.15.2%
Netherlands23.519.524.324.00.7%
Switzerland16.618.721.321.38.7%
Czech Republic44.226.217.719.8-23.5%
Italy13.713.117.719.712.9%
Denmark4.45.46.04.61.5%
Others1611221911630.4%
Total650561697644-0.3%

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

  1. Poland (11.4M units)
  2. France (10.3M units)
  3. Belgium (8.8M units)
  4. Switzerland (7.3M units)
  5. Austria (6.1M units)
  6. Denmark (5.6M units)
  7. China (4.5M units)
  8. Netherlands (4.4M units)
  9. United Kingdom (4.3M units)
  10. Sweden (3.8M units)
  11. Czech Republic (2.6M units)
  12. Spain (2.4M units)
  13. Italy (2.2M units)

Source: IndexBox Market Intelligence Platform

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