Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh - 2022
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh (CIF) - 2022
In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $7,450 per ton, surging by 48% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 70%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.3% per year.
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh (FOB) - 2022
The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $6,911 per ton in 2022, with a decrease of -6.9% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of 79% against the previous year. Over the period under review, the average export prices reached the peak figure at $19,036 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($17,496 per ton), while the average price for exports to the United States ($6,009 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 Italy (+15.4%), 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 Bangladesh
In 2022, approx. 688 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into Bangladesh; with an increase of 7% on the previous year. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses skyrocketed to $5.1M in 2022. In general, imports showed a significant increase. 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 Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.3 | 2.1 | 3.1 | 5.0 | 29.5% |
Others | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
Total | 2.4 | 2.3 | 3.2 | 5.1 | 28.6% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Bangladesh in 2022:
- China (683.2 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh
For the fourth year in a row, Bangladesh recorded growth in overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 91% to 160 tons in 2022. Overall, exports recorded a significant expansion. 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 soared to $1.1M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 78% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 168 | 242 | 396 | 794 | 67.8% |
Germany | 2.2 | 20.3 | 54.5 | 77.4 | 227.7% |
Poland | 6.8 | 19.1 | 35.8 | 58.1 | 104.4% |
Canada | 1.8 | 15.4 | 24.1 | 44.0 | 190.2% |
Others | 17.5 | 51.9 | 110 | 130 | 95.1% |
Total | 196 | 349 | 621 | 1,104 | 77.9% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Bangladesh in 2022:
- United States (132.2 tons)
- Canada (6.6 tons)
- Poland (4.7 tons)
- Germany (4.4 tons)
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Bangladesh.
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 Bangladesh.
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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