Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait - 2022
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait (CIF) - 2022
In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $5,830 per ton, picking up by 8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2015 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($6,008 per ton), while the price for Poland ($2,324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), 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 Kuwait (FOB) - 2022
The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,841 per ton in 2022, surging by 1.5% against the previous year. Overall, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 51%. As a result, the export price reached the peak level of $8,840 per ton. From 2016 to 2022, the average export prices remained 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 ($15,255 per ton), while the average price for exports to Lebanon ($2,238 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 Qatar (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait
In 2022, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Kuwait contracted significantly to 1.4K tons, with a decrease of -15.7% against 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% 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 +49.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports reached the peak of 1.6K tons, and then declined markedly in the following year.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses reduced to $7.9M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +53.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 67%. As a result, imports reached the peak of $8.6M, and then fell in the following year.
| Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,803 | 2,771 | 5,880 | 5,635 | 26.2% |
| Italy | 449 | 456 | 409 | 475 | 1.9% |
| United States | 199 | 215 | 390 | 468 | 33.0% |
| Vietnam | 229 | 291 | 428 | 247 | 2.6% |
| Poland | 451 | 168 | 53.1 | 135 | -33.1% |
| Turkey | 135 | 136 | 116 | 134 | -0.2% |
| Malaysia | 103 | 46.2 | 64.1 | 67.4 | -13.2% |
| India | 232 | 310 | 420 | 67.0 | -33.9% |
| Others | 762 | 765 | 867 | 676 | -3.9% |
| Total | 5,363 | 5,157 | 8,628 | 7,903 | 13.8% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Kuwait in 2022:
- China (937.9 tons)
- Italy (79.0 tons)
- United States (77.8 tons)
- Poland (58.3 tons)
- Vietnam (41.0 tons)
- Malaysia (22.9 tons)
- Turkey (22.2 tons)
- India (11.2 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait
For the fourth consecutive year, Kuwait recorded growth in shipments abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 80% to 12 tons in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 104% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $69K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.1 | 7.3 | 15.8 | 42.6 | 139.5% |
| United Arab Emirates | 5.3 | 1.6 | 4.1 | 9.5 | 21.5% |
| Oman | 0.3 | 0.7 | 1.7 | 5.5 | 163.7% |
| United Kingdom | 0.2 | 0.6 | 1.6 | 4.4 | 180.2% |
| Qatar | 0.8 | 1.3 | 1.0 | 1.9 | 33.4% |
| Germany | 0.3 | 1.2 | 10.0 | 1.2 | 58.7% |
| Others | 0.7 | 1.6 | 3.5 | 3.6 | 72.6% |
| Total | 10.6 | 14.3 | 37.7 | 68.7 | 86.4% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Kuwait in 2022:
- Saudi Arabia (7.6 tons)
- United Arab Emirates (1.7 tons)
- Oman (0.8 tons)
- Qatar (0.3 tons)
- United Kingdom (0.3 tons)
- Germany (0.2 tons)
454
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Kuwait.
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This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Kuwait.
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This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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