Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand (CIF) - 2023
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand (CIF) - 2023
In November 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $2.0 per unit, surging by 3.8% against the previous month. Overall, the import price, however, saw a mild slump. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 43% against the previous month. As a result, import price attained the peak level of $2.9 per unit. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($1.7 per unit), while the price for Indonesia ($1.0 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand (FOB) - 2022
In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $2.8 per unit, jumping by 24% against the previous year. In general, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 65%. The export price peaked at $8.9 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 the UK ($3.3 per unit), while the average price for exports to the Netherlands ($0.9 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 Australia (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand
In 2022, imports of glass mirrors; whether or not framed, including rear-view mirrorses into New Zealand reduced to 9.9M units, which is down by -7.2% on the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 11M units, and then shrank in the following year.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses reduced slightly to $19M in 2022. Overall, total imports indicated a resilient 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, imports increased by +45.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports attained the peak of $20M, and then declined modestly in the following year.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 8.2 | 13.0 | 12.3 | 14.5% |
| Thailand | 0.7 | 0.7 | 0.9 | 1.1 | 16.3% |
| Australia | 0.9 | 0.7 | 1.0 | 1.0 | 3.6% |
| Indonesia | 0.3 | 0.3 | 0.3 | 0.6 | 26.0% |
| Malaysia | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 3.9 | 3.5 | 4.6 | 4.2 | 2.5% |
| Total | 14.0 | 13.3 | 19.9 | 19.4 | 11.5% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to New Zealand in 2022:
- China (7.1M units)
- Thailand (0.9M units)
- Indonesia (0.5M units)
- Australia (0.3M units)
- Malaysia (0.3M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand
In 2022, after two years of decline, there was significant growth in overseas shipments of glass mirrors; whether or not framed, including rear-view mirrorses, when their volume increased by 20% to 170K units. In general, exports, however, saw a abrupt downturn. The exports peaked at 273K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses surged to $474K in 2022. Overall, exports, however, showed a pronounced shrinkage. Over the period under review, the exports of reached the maximum at $543K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 156 | 125 | 82.8 | 133 | -5.2% |
| United States | 46.6 | 3.8 | 52.0 | 103 | 30.3% |
| Germany | 3.9 | 2.1 | 1.4 | 76.6 | 169.8% |
| Qatar | N/A | N/A | 1.0 | 42.5 | 4150.0% |
| Sweden | 5.2 | 28.8 | 8.1 | 35.0 | 88.8% |
| Czech Republic | 103 | 73.8 | 115 | 32.9 | -31.6% |
| Japan | 1.0 | 2.2 | 3.9 | 11.7 | 127.0% |
| United Kingdom | 76.1 | 1.6 | 13.7 | 6.2 | -56.6% |
| Netherlands | 31.9 | 14.9 | N/A | 4.2 | -49.1% |
| Others | 119 | 59.6 | 41.3 | 29.4 | -37.3% |
| Total | 543 | 312 | 319 | 474 | -4.4% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from New Zealand in 2022:
- Australia (47.4K units)
- United States (34.9K units)
- Germany (23.6K units)
- Qatar (14.5K units)
- Sweden (11.9K units)
- Czech Republic (11.2K units)
- Japan (6.2K units)
- Netherlands (4.6K units)
- United Kingdom (1.9K units)
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