Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand (CIF) - 2023
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand (FOB) - 2023
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand (CIF) - 2023
In November 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.6 per unit, declining by -31.6% against the previous month. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in February 2023 an increase of 33% m-o-m. Over the period under review, average import prices hit record highs at $3.4 per unit in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($20.2 per unit), while the price for China ($642 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand (FOB) - 2023
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.4 per unit in November 2023, growing by 4.3% against the previous month. Over the period under review, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in October 2023 an increase of 26% against the previous month. The export price peaked at $4.4 per unit in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($4.1 per unit), while the average price for exports to South Korea ($315 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand
In 2022, approx. 25M units of glass mirrors; whether or not framed, including rear-view mirrorses were imported into Thailand; which is down by -22.6% compared with 2021. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 6.7%. Over the period under review, imports of hit record highs at 33M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses dropped slightly to $79M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of $80M, and then dropped slightly in the following year.
Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 21.9 | 23.4 | 28.1 | 27.1 | 7.4% |
United States | 18.7 | 17.4 | 17.6 | 15.0 | -7.1% |
Japan | 9.8 | 11.3 | 11.0 | 10.1 | 1.0% |
Taiwan (Chinese) | 2.0 | 2.6 | 4.2 | 4.5 | 31.0% |
Vietnam | 3.2 | 3.5 | 3.3 | 4.3 | 10.4% |
Canada | 1.2 | 1.2 | 0.9 | 1.3 | 2.7% |
Indonesia | 0.4 | 0.3 | 0.7 | 1.0 | 35.7% |
Others | 11.6 | 11.2 | 14.4 | 15.9 | 11.1% |
Total | 68.8 | 71.0 | 80.2 | 79.2 | 4.8% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Thailand in 2022:
- China (18.5M units)
- Canada (1.2M units)
- Indonesia (1.1M units)
- United States (0.6M units)
- Vietnam (0.6M units)
- Japan (0.6M units)
- Taiwan (Chinese) (0.5M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand
In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Thailand reduced notably to 29M units, falling by -40.8% compared with 2021 figures. Over the period under review, exports faced a abrupt slump. The smallest decline of -2.6% was in 2020. The exports peaked at 53M 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 contracted to $71M in 2022. In general, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of $83M, and then declined in the following year.
Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 14.5 | 12.3 | 12.6 | 12.0 | -6.1% |
South Africa | 6.7 | 5.8 | 10.5 | 8.0 | 6.1% |
Vietnam | 5.3 | 6.6 | 5.6 | 5.2 | -0.6% |
Indonesia | 5.3 | 2.5 | 4.9 | 4.7 | -3.9% |
United States | 1.9 | 2.2 | 3.5 | 4.4 | 32.3% |
Cambodia | 2.1 | 2.0 | 2.0 | 2.9 | 11.4% |
Spain | 4.2 | 3.1 | 3.0 | 2.9 | -11.6% |
Hong Kong SAR | 1.2 | 1.6 | 3.0 | 2.8 | 32.6% |
Philippines | 2.5 | 1.7 | 1.9 | 2.2 | -4.2% |
Malaysia | 4.0 | 3.6 | 3.2 | 1.8 | -23.4% |
South Korea | 2.4 | 2.2 | 1.6 | 1.3 | -18.5% |
Australia | 6.5 | 4.7 | 4.3 | 1.1 | -44.7% |
Lao People's Democratic Republic | 0.5 | 0.8 | 0.6 | 0.6 | 6.3% |
Others | 23.5 | 19.9 | 26.0 | 20.7 | -4.1% |
Total | 80.7 | 68.8 | 82.7 | 70.7 | -4.3% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Thailand in 2022:
- Japan (5.0M units)
- Vietnam (4.9M units)
- South Korea (3.0M units)
- Malaysia (2.5M units)
- South Africa (1.6M units)
- Australia (1.5M units)
- Cambodia (1.5M units)
- Lao People's Democratic Republic (0.9M units)
- Philippines (0.9M units)
- United States (0.9M units)
- Hong Kong SAR (0.8M units)
- Indonesia (0.7M units)
- Spain (0.7M units)
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Thailand.
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Thailand.
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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