Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana (CIF) - 2022
The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $4 per unit in 2022, rising by 10% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth was the most pronounced in 2017 an increase of 28%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5.4 per unit), while the price for China amounted to $3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.9%).
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana (FOB) - 2022
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1 per unit in 2022, falling by -89% against the previous year. Overall, the export price, however, showed slight growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 138% against the previous year. Over the period under review, the average export prices hit record highs at $9.1 per unit in 2021, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2.3 per unit), while the average price for exports to Djibouti ($0.4 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 Cote d'Ivoire (+24.8%), 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 Ghana
In 2022, after two years of decline, there was significant decline in overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses, when their volume decreased by -19% to 1.1M units. Overall, imports recorded a sharp contraction. Imports peaked at 5.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses shrank to $4.3M in 2022. In general, imports, however, enjoyed a resilient increase. Imports peaked at $4.8M in 2021, and then declined in the following year.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 942 | N/A | 1,711 | 1,473 | 16.1% |
| India | 17.8 | N/A | 53.6 | 94.3 | 74.3% |
| Others | 1,753 | N/A | 3,024 | 2,715 | 15.7% |
| Total | 2,712 | N/A | 4,789 | 4,283 | 16.5% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Ghana in 2022:
- China (484.7K units)
- India (17.5K units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana
In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Ghana skyrocketed to 14K units, with an increase of 731% on 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses declined to $14K in 2022. Over the period under review, exports continue to indicate significant growth. Over the period under review, the exports of attained the peak figure at $15K in 2021, and then dropped in the following year.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | N/A | N/A | 289 | 3,790 | 1211.4% |
| Belgium | N/A | N/A | 3,215 | 804 | -75.0% |
| United Kingdom | N/A | N/A | N/A | 315 | 0% |
| South Africa | 21.0 | N/A | 39.0 | 217 | 117.8% |
| Djibouti | N/A | N/A | N/A | 130 | 0% |
| Burkina Faso | N/A | N/A | N/A | 99.0 | 0% |
| United States | 20.0 | N/A | 280 | 80.0 | 58.7% |
| Niger | 182 | N/A | N/A | N/A | 0% |
| Cote d'Ivoire | 2,333 | N/A | 1,092 | N/A | -31.6% |
| Others | 3,183 | N/A | 10,189 | 8,405 | 38.2% |
| Total | 5,739 | N/A | 15,104 | 13,840 | 34.1% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Ghana in 2022:
- Togo (5.9K units)
- Djibouti (0.3K units)
- United States (0.1K units)
- South Africa (0.1K units)
- United Kingdom (0.1K units)
- Belgium (0.1K units)
- Burkina Faso (0.1K units)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Ghana.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Ghana.
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