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

Contents:

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

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

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.3 per unit in 2022, declining by -7.8% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. Over the period under review, average import prices reached the maximum at $5.5 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Taiwan (Chinese) ($11 per unit), while the price for Malaysia ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), 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 Venezuela (FOB) - 2022

In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $15 per unit, rising by 16% against the previous year. Over the period under review, the export price recorded prominent growth. The growth pace was the most rapid in 2021 when the average export price increased by 178%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Jamaica amounted to +29.5% per year.

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

For the fourth year in a row, Venezuela recorded growth in supplies from abroad of glass mirrors; whether or not framed, including rear-view mirrorses, which increased by 52% to 1.5M units in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses skyrocketed to $3.5M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 108% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4321,1731,9412,65283.1%
Brazil71.910614421042.9%
Turkey0.115.770.81931145.0%
MalaysiaN/AN/A15.129.998.0%
Others28234133042314.5%
Total7861,6372,5003,50764.6%

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

  1. China (1355.2K units)
  2. Turkey (73.9K units)
  3. Brazil (31.8K units)
  4. Malaysia (29.8K units)

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

Exports of glass mirrors; whether or not framed, including rear-view mirrorses from Venezuela fell to 44 units in 2022, declining by -13.7% on the previous year's figure. In general, exports saw a precipitous descent. The exports peaked at 798 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses reached $657 in 2022. Overall, exports recorded a precipitous descent. Over the period under review, the exports of reached the maximum at $4.1K 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 Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica23832.0N/A65740.3%
Dominican Republic100769N/AN/A669.0%
Panama883N/AN/AN/A0%
El Salvador289N/AN/AN/A0%
Angola29.053.0N/AN/A82.8%
Jamaica2,478194N/AN/A-92.2%
BahrainN/AN/A275N/A0%
Others128435379N/A72.1%
Total4,1451,483654657-45.9%

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

  1. Costa Rica (44.0 units)

Source: IndexBox Market Intelligence Platform

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