Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary - 2023

Contents:

  1. Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary (CIF) - 2022
  2. Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary (FOB) - 2022
  3. Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary
  4. Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary

Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary (CIF) - 2022

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $3,888 per ton in 2022, waning by -6% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 17% against the previous year. The import price peaked at $4,431 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,677 per ton), while the price for Bulgaria ($2,423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $5,196 per ton, falling by -9.1% against the previous year. In general, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 2.8% against the previous year. Over the period under review, the average export prices hit record highs at $24,461 per ton in 2012; however, from 2013 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 United States ($13,576 per ton), while the average price for exports to Croatia ($3,075 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 46% to 2K tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $7.7M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.01.31.42.433.9%
Poland1.41.82.02.012.6%
Germany0.90.91.01.03.6%
BulgariaN/AN/A0.21.0400.0%
Austria0.20.10.10.314.5%
Others1.00.70.90.9-3.5%
Total4.64.85.67.718.7%

Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Hungary in 2022:

  1. China (661.3 tons)
  2. Poland (611.7 tons)
  3. Bulgaria (422.8 tons)
  4. Germany (114.1 tons)
  5. Austria (37.1 tons)

Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary

For the fourth consecutive year, Hungary recorded growth in overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 141% to 328 tons in 2022. Over the period under review, exports saw 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; framed, excluding rear-view mirrors for vehicleses surged to $1.7M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania10870.619247864.2%
Croatia80.479.558.316025.8%
Slovakia89.349.610014818.3%
Bulgaria50.671.653.514542.0%
United KingdomN/AN/A19.4126549.5%
Serbia27.013.023.911461.6%
Italy19.813.159.610272.7%
Spain3.91.110.190.7185.4%
Switzerland13.15.06.575.679.4%
Slovenia33.130.834.164.324.8%
Austria10.25.728.940.758.6%
Czech Republic10122.625.529.2-33.9%
United States94.297.697.02.7-69.4%
Others10113669.41298.5%
Total7325967791,70632.6%

Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Hungary in 2022:

  1. Romania (97.0 tons)
  2. Croatia (52.0 tons)
  3. Slovakia (41.3 tons)
  4. Bulgaria (23.1 tons)
  5. Serbia (22.1 tons)
  6. Italy (19.3 tons)
  7. Spain (17.6 tons)
  8. United Kingdom (12.7 tons)
  9. Slovenia (11.2 tons)
  10. Switzerland (7.6 tons)
  11. Austria (7.0 tons)
  12. Czech Republic (3.2 tons)
  13. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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