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

Contents:

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

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

In November 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $5.3 per unit, with a decrease of -13.3% against the previous month. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 29% m-o-m. Over the period under review, average import prices hit record highs at $7.9 per unit in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($40.2 per unit), while the price for China ($2.0 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $17 per unit in 2022, with a decrease of -4.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 13%. The export price peaked at $18 per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($33 per unit), while the average price for exports to Mongolia ($4.3 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 Thailand (+5.6%), 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 Japan

Imports of glass mirrors; whether or not framed, including rear-view mirrorses into Japan shrank to 67M units in 2022, waning by -4% on the previous year's figure. In general, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2021 when imports increased by 1%. Imports peaked at 72M 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 amounted to $366M in 2022. Over the period under review, imports showed a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2.8%. Imports peaked at $382M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2272192262290.3%
China91.289.094.095.21.4%
Thailand15.713.513.413.3-5.4%
Taiwan (Chinese)8.57.59.08.70.8%
South Korea25.410.56.83.9-46.5%
Vietnam1.41.61.62.927.5%
Others13.114.214.412.9-0.5%
Total382355365366-1.4%

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

  1. China (47.6M units)
  2. United States (8.1M units)
  3. Thailand (6.0M units)
  4. Taiwan (Chinese) (1.8M units)
  5. Vietnam (1.0M units)
  6. South Korea (0.6M units)

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

Exports of glass mirrors; whether or not framed, including rear-view mirrorses from Japan dropped to 4.2M units in 2022, shrinking by -10.3% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports of attained the peak figure at 5.1M 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 declined to $72M in 2022. In general, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 17%. Over the period under review, the exports of hit record highs at $86M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.513.317.819.35.4%
China10.112.813.68.3-6.3%
Belgium8.86.08.17.1-6.9%
Thailand6.24.25.66.0-1.1%
Malaysia4.02.83.13.6-3.5%
Mexico0.61.72.12.765.1%
Vietnam3.41.82.12.0-16.2%
Netherlands1.81.41.91.91.8%
United Arab Emirates1.61.21.61.84.0%
Russia11.38.59.01.6-47.9%
Indonesia1.30.30.60.8-14.9%
Philippines0.20.20.50.751.8%
MongoliaN/A0.10.20.4100.0%
Others19.917.618.416.0-7.0%
Total85.972.084.672.3-5.6%

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

  1. United States (834.9K units)
  2. China (498.8K units)
  3. Thailand (448.5K units)
  4. Belgium (305.4K units)
  5. Mexico (214.6K units)
  6. Vietnam (148.1K units)
  7. Russia (138.6K units)
  8. United Arab Emirates (129.1K units)
  9. Philippines (114.9K units)
  10. Netherlands (113.4K units)
  11. Malaysia (110.2K units)
  12. Indonesia (107.7K units)
  13. Mongolia (94.2K units)

Source: IndexBox Market Intelligence Platform

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