Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador - 2022
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador (CIF) - 2022
In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $3,519 per ton, declining by -3.3% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 9.6% against the previous year. Over the period under review, average import prices attained the maximum at $4,509 per ton in 2012; however, from 2013 to 2022, 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 the United States ($19,547 per ton), while the price for China amounted to $3,164 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%).
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador (FOB) - 2022
In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $18,604 per ton, falling by -2.8% against the previous year. In general, the export price, however, posted strong growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 75%. As a result, the export price reached the peak level of $19,145 per ton, and then reduced slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($47,280 per ton), while the average price for exports to Peru ($3,148 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 the Dominican Republic (+7.7%), 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 Ecuador
Imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Ecuador expanded markedly to 885 tons in 2022, growing by 10% on the year before. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, 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 34% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses reached $3.1M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 29%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 2.1 | 2.5 | 2.7 | 8.7% |
| Colombia | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Total | 2.4 | 2.3 | 2.9 | 3.1 | 8.9% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Ecuador in 2022:
- China (853.3 tons)
- Colombia (7.6 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Ecuador
In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses exported from Ecuador surged to 3.9 tons, increasing by 45% against the previous year's figure. Overall, exports, however, continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 87%.
In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $73K in 2022. Over the period under review, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 227%. 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.3 | 4.8 | 7.9 | 29.5 | 183.1% |
| Dominican Republic | 3.5 | 1.1 | 19.9 | 23.1 | 87.6% |
| United States | 6.3 | 2.2 | 11.0 | 9.5 | 14.7% |
| Mexico | 1.8 | 0.7 | 2.8 | 5.1 | 41.5% |
| Peru | 22.4 | 0.5 | 1.5 | 3.5 | -46.1% |
| Guatemala | N/A | N/A | N/A | 1.8 | 0% |
| Panama | N/A | 0.2 | 5.0 | 0.3 | 22.5% |
| Colombia | 12.3 | N/A | N/A | N/A | 0% |
| Aruba | 4.9 | 1.9 | N/A | N/A | -61.2% |
| Cuba | 2.7 | N/A | N/A | N/A | 0% |
| Chile | N/A | 4.3 | 1.0 | N/A | -76.7% |
| Others | 4.2 | 0.1 | 2.5 | 0.1 | -71.2% |
| Total | 59.3 | 15.8 | 51.5 | 72.8 | 7.1% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Ecuador in 2022:
- Peru (1105.0 kg)
- United Arab Emirates (1000.0 kg)
- United States (521.0 kg)
- Dominican Republic (489.0 kg)
- Guatemala (397.0 kg)
- Mexico (357.0 kg)
- Panama (37.0 kg)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Ecuador.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Ecuador.
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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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