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

Contents:

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

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

In October 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.6 per unit, dropping by -32.1% against the previous month. In general, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in November 2022 when the average import price increased by 23% m-o-m. Over the period under review, average import prices hit record highs at $3.1 per unit in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Taiwan (Chinese) ($6.3 per unit), while the price for China ($1.4 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), 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 the Netherlands (FOB) - 2022

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.5 per unit in 2022, standing approx. at the previous year. Overall, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 24%. The export price peaked at $2.9 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($4.1 per unit), while the average price for exports to Denmark ($0.7 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 the UK (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -6.5% to 53M units in 2022. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 56M units, and then contracted in the following year.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses shrank to $132M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +37.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $140M, and then declined in the following year.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.239.258.756.225.8%
Belgium13.714.517.820.714.7%
Germany20.818.325.519.4-2.3%
Taiwan (Chinese)8.28.811.38.92.8%
Poland5.64.81.63.1-17.9%
India2.52.23.72.95.1%
Czech Republic1.01.01.32.332.0%
Turkey1.10.61.20.9-6.5%
Others14.617.819.317.25.6%
Total95.710714013211.3%

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

  1. China (28.7M units)
  2. Belgium (12.3M units)
  3. Germany (2.4M units)
  4. Taiwan (Chinese) (1.3M units)
  5. India (1.3M units)
  6. Czech Republic (1.1M units)
  7. Poland (1.1M units)
  8. Turkey (0.5M units)

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

Exports of glass mirrors; whether or not framed, including rear-view mirrorses from the Netherlands reached 32M units in 2022, picking up by 3.8% on the previous year's figure. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses stood at $81M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 45% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.717.926.329.028.4%
France6.67.310.711.520.3%
Belgium8.08.210.99.97.4%
United Kingdom2.63.76.04.116.4%
Spain1.42.02.62.419.7%
Poland0.81.44.02.342.2%
Sweden0.51.11.11.853.3%
Denmark0.70.81.21.116.3%
Norway0.70.80.50.6-5.0%
Others9.111.015.118.025.5%
Total44.154.278.580.922.4%

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

  1. Germany (12.8M units)
  2. France (4.7M units)
  3. Belgium (3.9M units)
  4. Denmark (1.5M units)
  5. United Kingdom (1.0M units)
  6. Poland (0.9M units)
  7. Sweden (0.9M units)
  8. Norway (0.6M units)
  9. Spain (0.5M units)

Source: IndexBox Market Intelligence Platform

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