Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China (FOB) - 2023
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China (CIF) - 2022
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China (FOB) - 2023
In December 2023, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.3 per unit, increasing by 6.8% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 13% m-o-m. The export price peaked at $1.4 per unit in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2.0 per unit), while the average price for exports to the Dominican Republic ($204 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China (CIF) - 2022
The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $26 per unit in 2022, rising by 6.9% against the previous year. Overall, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($40 per unit), while the price for Belgium ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China
In 2022, approx. 2.5B units of glass mirrors; whether or not framed, including rear-view mirrorses were exported from China; which is down by -2% on the previous year. In general, exports continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.3% against the previous year. The exports peaked at 2.6B units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses amounted to $3.3B in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 539 | 732 | 966 | 1,018 | 23.6% |
| United Kingdom | 176 | 187 | 221 | 142 | -6.9% |
| South Korea | 71.6 | 97.8 | 123 | 120 | 18.8% |
| Japan | 79.6 | 94.6 | 107 | 114 | 12.7% |
| Australia | 49.6 | 74.3 | 83.1 | 99.8 | 26.2% |
| Germany | 70.4 | 79.9 | 96.2 | 98.4 | 11.8% |
| Canada | 85.8 | 108 | 112 | 97.7 | 4.4% |
| France | 67.0 | 69.6 | 97.7 | 94.7 | 12.2% |
| Philippines | 35.6 | 41.1 | 66.8 | 94.6 | 38.5% |
| India | 54.9 | 39.9 | 59.6 | 78.5 | 12.7% |
| Vietnam | 51.8 | 66.9 | 46.6 | 67.3 | 9.1% |
| Poland | 34.1 | 27.8 | 40.4 | 39.7 | 5.2% |
| Iraq | 17.6 | 18.0 | 12.5 | 26.0 | 13.9% |
| Others | 842 | 880 | 1,120 | 1,169 | 11.6% |
| Total | 2,175 | 2,517 | 3,152 | 3,260 | 14.4% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from China in 2022:
- United States (571.1M units)
- India (250.7M units)
- South Korea (100.6M units)
- Australia (81.0M units)
- United Kingdom (79.2M units)
- Poland (72.0M units)
- France (66.7M units)
- Germany (62.6M units)
- Canada (59.8M units)
- Japan (48.5M units)
- Philippines (42.3M units)
- Iraq (40.5M units)
- Vietnam (40.1M units)
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China
After three years of growth, overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -17.8% to 16M units in 2022. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of 20M units, and then declined rapidly in the following year.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses dropped to $427M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of $486M, and then contracted in the following year.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 187 | 201 | 261 | 228 | 6.8% |
| Germany | 70.4 | 96.3 | 98.8 | 90.3 | 8.7% |
| Hungary | 24.7 | 41.6 | 52.1 | 38.9 | 16.3% |
| United Kingdom | 1.7 | 12.7 | 15.2 | 23.4 | 139.7% |
| Japan | 11.6 | 15.3 | 16.0 | 11.5 | -0.3% |
| Poland | 10.1 | 7.9 | 13.0 | 10.3 | 0.7% |
| Taiwan (Chinese) | 5.2 | 4.8 | 7.6 | 7.5 | 13.0% |
| Italy | 3.6 | 3.2 | 5.5 | 4.1 | 4.4% |
| Thailand | 1.9 | 3.3 | 1.8 | 1.7 | -3.6% |
| Vietnam | 1.5 | 1.6 | 1.5 | 1.4 | -2.3% |
| Belgium | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Others | 13.2 | 12.3 | 13.5 | 9.9 | -9.1% |
| Total | 331 | 400 | 486 | 427 | 8.9% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to China in 2022:
- United States (7.0M units)
- Germany (2.5M units)
- Hungary (1.4M units)
- Thailand (0.9M units)
- Taiwan (Chinese) (0.7M units)
- Japan (0.7M units)
- United Kingdom (0.6M units)
- Poland (0.5M units)
- Belgium (0.5M units)
- Vietnam (0.4M units)
- Italy (0.3M units)
411
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in China.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in China.
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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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