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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $3,526 per ton in 2022, waning by -9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $4,106 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($4,363 per ton), while the price for China amounted to $3,298 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%).

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

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $6,352 per ton in 2022, which is down by -6.6% against the previous year. In general, the export price saw a pronounced slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 70% against the previous year. The export price peaked at $9,612 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($10,949 per ton), while the average price for exports to Jamaica ($857 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 Venezuela (+12.1%), 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 Colombia

In 2022, approx. 1.3K tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into Colombia; declining by -11.7% compared with the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, imports attained the peak of 1.5K tons, and then fell in the following year.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses fell markedly to $4.6M in 2022. Over the period under review, imports showed a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $5.8M, and then reduced sharply in the following year.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.33.35.24.2-0.8%
Brazil0.20.10.30.1-20.6%
Others0.60.40.40.4-12.6%
Total5.03.85.84.6-2.7%

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

  1. China (1266.0 tons)
  2. Brazil (24.4 tons)

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

For the fourth year in a row, Colombia recorded growth in overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 71% to 153 tons in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 246% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $972K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 313% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.735.5238667265.1%
Ecuador20.917.623081.857.6%
Chile14.557.270.953.554.5%
DenmarkN/AN/AN/A53.10%
Panama20.94.614.121.00.2%
Guatemala9.63.95.620.428.6%
Jamaica0.22.1N/A3.0146.6%
Peru29.24.420.51.7-61.2%
Others23.021.728.970.345.1%
Total13214760897294.5%

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

  1. United States (109.0 tons)
  2. Chile (10.9 tons)
  3. Ecuador (7.6 tons)
  4. Guatemala (6.5 tons)
  5. Denmark (4.9 tons)
  6. Jamaica (3.6 tons)
  7. Panama (2.7 tons)
  8. Peru (0.3 tons)

Source: IndexBox Market Intelligence Platform

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