Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bahrain - 2022

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,094 per ton in 2022, rising by 24% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $5,916 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($28,675 per ton), while the price for Malaysia ($1,034 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.7%), 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 Bahrain (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $3,307 per ton, declining by -31.8% against the previous year. Overall, the export price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. As a result, the export price reached the peak level of $7,301 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($8,948 per ton), while the average price for exports to Saudi Arabia ($2,554 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 Egypt (+18.3%), while the prices for the other major destinations experienced a decline.

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

Imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Bahrain dropped sharply to 327 tons in 2022, falling by -31.8% against the year before. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 480 tons, and then shrank notably in the following year.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses declined rapidly to $1.7M in 2022. In general, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of $2M, and then fell dramatically in the following year.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9139051,0039140.0%
Italy11319831516513.4%
India87.497.810991.91.7%
Turkey17397.575.091.6-19.1%
Vietnam66.050.534.776.24.9%
Poland12963.613.027.1-40.6%
Saudi Arabia26.018.435.517.2-12.9%
Malaysia71.752.653.812.2-44.6%
Others2362563262714.7%
Total1,8141,7391,9651,666-2.8%

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

  1. China (243.1 tons)
  2. Turkey (20.2 tons)
  3. Malaysia (11.8 tons)
  4. India (10.7 tons)
  5. Poland (8.9 tons)
  6. Italy (5.7 tons)
  7. Vietnam (5.4 tons)
  8. Saudi Arabia (4.6 tons)

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

In 2022, overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses were finally on the rise to reach 20 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a strong increase. As a result, the exports attained 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 $65K in 2022. Over the period under review, exports, however, recorded a abrupt contraction.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia62.862.28.531.8-20.3%
QatarN/AN/AN/A9.80%
United Arab Emirates8.56.36.29.01.9%
EgyptN/AN/AN/A7.20%
Oman0.118.42.74.8263.4%
United Kingdom0.33.7N/A0.838.7%
Others5.00.10.62.0-26.3%
Total76.790.618.065.4-5.2%

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

  1. Saudi Arabia (12.4 tons)
  2. Qatar (3.5 tons)
  3. United Arab Emirates (1.9 tons)
  4. Egypt (1.0 tons)
  5. Oman (0.5 tons)
  6. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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