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

Contents:

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

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

In October 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.8 per unit, increasing by 14% against the previous month. In general, the import price, however, showed a perceptible slump. The pace of growth appeared the most rapid in December 2022 an increase of 103% m-o-m. As a result, import price reached the peak level of $3.1 per unit. From January 2023 to October 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 the UK ($5.0 per unit), while the price for Turkey ($367 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 Denmark (+1.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.5 per unit in October 2023, surging by 86% against the previous month. Overall, export price indicated a resilient expansion from October 2022 to October 2023: its price increased at an average monthly rate of +5.2% 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 +85.9% against September 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8.4 per unit), while the average price for exports to the UK totaled $2.2 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.0%).

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

Imports of glass mirrors; whether or not framed, including rear-view mirrorses into Ireland shrank to 15M units in 2022, waning by -7.4% against 2021. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 16M units, and then reduced in the following year.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses declined to $27M in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 95%. As a result, imports attained the peak of $29M, and then shrank in the following year.

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

1. China (9.2M units)
2. Belgium (2.0M units)
3. Turkey (1.4M units)
4. United Kingdom (1.0M units)
5. Denmark (0.4M units)
6. Netherlands (0.2M units)

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

In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Ireland shrank to 1.5M units, falling by -6.9% compared with the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of 1.6M units, and then shrank in the following year.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses dropped to $2.7M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $2.8M, and then contracted modestly in the following year.

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

1. United Kingdom (1433.3K units)

Source: IndexBox Market Intelligence Platform