Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman - 2022
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman (CIF) - 2022
In December 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $2.4 per unit, with a decrease of -4.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 when the average import price increased by 99% against the previous month. As a result, import price attained the peak level of $3.3 per unit. From June 2022 to December 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($10.8 per unit), while the price for Malaysia ($880 per thousand units) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.5%), 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 Oman (FOB) - 2022
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $9.0 per unit in December 2022, rising by 10% against the previous month. Overall, export price indicated a strong increase from January 2022 to December 2022: its price increased at an average monthly rate of +5.7% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, export price for glass mirrors; whether or not framed, including rear-view mirrorses increased by +48.9% against September 2022 indices. The pace of growth appeared the most rapid in February 2022 when the average export price increased by 70% against the previous month. The export price peaked in December 2022.
Average prices varied somewhat for the major foreign markets. In December 2022, the countries with the highest prices were Australia ($9.1 per unit) and the United States ($9.1 per unit), while the average price for exports to the United Arab Emirates ($6.6 per unit) and Singapore ($9.1 per unit) were amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.4%), 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 Oman
After three years of growth, overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -4.1% to 8.4M units in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. Over the period under review, imports of attained the maximum at 8.8M units in 2021, and then fell slightly in the following year.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses dropped modestly to $7.1M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $7.1M, leveling off in the following year.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.2 | 2.0 | 2.9 | 2.6 | 5.7% |
| Saudi Arabia | 0.2 | 0.7 | 1.0 | 1.2 | 81.7% |
| China | 1.0 | 0.9 | 1.2 | 1.0 | 0.0% |
| Iran | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 2.6 | 2.1 | 2.0 | 2.1 | -6.9% |
| Total | 6.0 | 5.7 | 7.1 | 7.1 | 5.8% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Oman in 2022:
- Saudi Arabia (3.6M units)
- China (2.9M units)
- United Arab Emirates (1.4M units)
- Iran (0.1M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman
In 2022, exports of glass mirrors; whether or not framed, including rear-view mirrorses from Oman soared to 1.4M units, with an increase of 139% on the year before. Over the period under review, exports enjoyed significant growth. 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 expanded rapidly to $2.1M in 2022. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 95%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | 1.3 | 1.4 | 730 | 1839.9% |
| Singapore | 361 | 165 | 311 | 305 | -5.5% |
| Australia | N/A | 124 | 186 | 262 | 45.4% |
| China | 40.9 | 1.0 | 54.9 | 230 | 77.8% |
| Somalia | 41.4 | 69.5 | 71.2 | 64.9 | 16.2% |
| Saudi Arabia | 5.3 | 64.6 | 140 | 38.0 | 92.8% |
| Qatar | 352 | 271 | 225 | 25.3 | -58.4% |
| Brazil | N/A | 60.3 | N/A | N/A | 0% |
| Others | 434 | 208 | 898 | 425 | -0.7% |
| Total | 1,234 | 965 | 1,886 | 2,081 | 19.0% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Oman in 2022:
- United Arab Emirates (1062.6K units)
- Somalia (89.5K units)
- Saudi Arabia (40.0K units)
- Singapore (33.7K units)
- Australia (28.9K units)
- China (25.4K units)
- Qatar (24.1K units)
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