Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Libya - 2022

Contents:

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

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

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $3.3 per unit in 2022, shrinking by -30.4% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46%. The import price peaked at $4.7 per unit in 2021, and then shrank significantly in the following year.

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 Italy ($12 per unit), while the price for Egypt ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.6%), 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 Libya (FOB) - 2022

In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.6 per unit, reducing by -12.3% against the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 118%. The export price peaked at $12 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($4 per unit), while the average price for exports to Zimbabwe ($0.5 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 Ghana (+9.6%).

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

In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses imported into Libya skyrocketed to 2.5M units, picking up by 86% compared with the previous year's figure. Overall, imports, however, recorded a dramatic slump. Over the period under review, imports of attained the peak figure at 5M 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 surged to $8.1M in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Imports peaked at $14M 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 Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.62.83.75.66.8%
Turkey1.10.70.91.0-3.1%
Egypt0.30.41.01.049.4%
Italy0.40.30.40.2-20.6%
BelgiumN/AN/AN/AN/A0%
Others7.60.40.30.4-62.5%
Total14.14.66.28.1-16.9%

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

  1. China (1510.2K units)
  2. Egypt (566.5K units)
  3. Turkey (278.5K units)
  4. Belgium (27.3K units)
  5. Italy (12.4K units)

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

In 2022, shipments abroad of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -90.3% to 7 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 183%. As a result, the exports attained the peak of 82 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses shrank rapidly to $11 in 2022. In general, exports showed a significant decline. The pace of growth appeared the most rapid in 2020 when exports increased by 253%. As a result, the exports attained the peak of $247. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Libya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana34.01271.05.0-47.2%
Malta36.01201.04.0-51.9%
ZimbabweN/AN/AN/A2.00%
CongoN/AN/A126N/A0%
OthersN/AN/A1.0N/A0%
Total70.024712911.0-46.0%

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

  1. Zimbabwe (4.0 units)
  2. Ghana (2.0 units)
  3. Malta (1.0 units)

Source: IndexBox Market Intelligence Platform

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