![Report Republic of Korea - Glass Rear-View Mirrors for Vehicles - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/republic-of-korea-glass-rear-view-mirrors-for-vehicles-market-analysis-forecast-size-trends-and-insights.webp)
Republic of Korea - Glass Rear-View Mirrors for Vehicles - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRepublic of Korea: Market for Glass Rear-View Mirrors For Vehicles 2024
Market Size for Glass Rear-View Mirrors For Vehicles in Republic of Korea
The South Korean glass rear-view vehicle mirror market dropped slightly to $X in 2023, falling by X% against the previous year. Overall, consumption, however, recorded strong growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.
Production of Glass Rear-View Mirrors For Vehicles in Republic of Korea
In value terms, glass rear-view vehicle mirror production reduced slightly to $X in 2023 estimated in export price. In general, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.
Exports of Glass Rear-View Mirrors For Vehicles
Exports from Republic of Korea
After two years of growth, shipments abroad of glass rear-view mirrors for vehicles decreased by X% to X units in 2023. Overall, total exports indicated a pronounced expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
In value terms, glass rear-view vehicle mirror exports declined modestly to $X in 2023. In general, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X units) was the main destination for glass rear-view vehicle mirror exports from South Korea, accounting for a X% share of total exports. Moreover, glass rear-view vehicle mirror exports to the United States exceeded the volume sent to the second major destination, Poland (X units), eightfold. The third position in this ranking was held by Japan (X units), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Japan (X% per year).
In value terms, the United States ($X) remains the key foreign market for glass rear-view mirrors for vehicles exports from South Korea, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Japan, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Japan (X% per year).
Export Prices by Country
The average glass rear-view vehicle mirror export price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, glass rear-view vehicle mirror export price decreased by X% against 2021 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Rear-View Mirrors For Vehicles
Imports into Republic of Korea
In 2023, overseas purchases of glass rear-view mirrors for vehicles decreased by X% to X units for the first time since 2018, thus ending a four-year rising trend. Over the period under review, total imports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked at X units in 2022, and then dropped in the following year.
In value terms, glass rear-view vehicle mirror imports reduced to $X in 2023. In general, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then shrank in the following year.
Imports by Country
China (X units) and the United States (X units) were the main suppliers of glass rear-view vehicle mirror imports to South Korea.
From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%).
In value terms, the largest glass rear-view vehicle mirror suppliers to South Korea were the United States ($X) and China ($X).
China, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.
Import Prices by Country
In 2023, the average glass rear-view vehicle mirror import price amounted to $X per unit, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121350 - Glass rear-view mirrors for vehicles
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Asia.
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in the U.S..
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in China.
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in the EU.
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
- Market Research in South Korea
- Price for Glass Rear-View Vehicle Mirror South Korea
- Glass Rear-View Vehicle Mirror Market
- Drawn Glass and Blown Glass Market
- Float Glass and Surface Ground or Polished Glass Market
- Worked Flat Glass Market
- Safety Glass Market
- Glass Ampoules Market
- Glass Bottle Market
- Glass Fiber Market