Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia - 2023
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia (CIF) - 2022
In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $4,249 per ton, with an increase of 5.6% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses increased by +72.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Germany ($10,690 per ton), while the price for China ($2,911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.0%), 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 Latvia (FOB) - 2022
In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $4,895 per ton, surging by 5.3% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses increased by +86.6% against 2017 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 44%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($19,320 per ton), while the average price for exports to Lithuania ($2,914 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 France (+29.9%), 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 Latvia
In 2022, approx. 607 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into Latvia; rising by 18% on 2021 figures. Over the period under review, imports, however, saw a mild contraction.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $2.6M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 361 | 445 | 574 | 748 | 27.5% |
| China | 726 | 822 | 487 | 722 | -0.2% |
| Lithuania | 37.8 | 82.1 | 63.9 | 372 | 114.3% |
| Germany | 150 | 272 | 199 | 207 | 11.3% |
| Denmark | 30.4 | 67.6 | 67.5 | 54.2 | 21.3% |
| Belarus | 30.8 | 62.5 | 66.0 | 13.1 | -24.8% |
| Others | 233 | 560 | 608 | 463 | 25.7% |
| Total | 1,569 | 2,311 | 2,065 | 2,579 | 18.0% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Latvia in 2022:
- China (248.1 tons)
- Poland (241.6 tons)
- Lithuania (38.0 tons)
- Germany (19.3 tons)
- Denmark (16.7 tons)
- Belarus (3.1 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia
In 2022, shipments abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses decreased by -12.2% to 319 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 447 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses fell to $1.6M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 33%.
| Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 120 | 180 | 311 | 399 | 49.3% |
| Lithuania | 365 | 407 | 331 | 396 | 2.8% |
| Estonia | 312 | 388 | 380 | 368 | 5.7% |
| Russia | 128 | 331 | 443 | 190 | 14.1% |
| Belarus | 40.7 | 77.7 | 72.8 | 76.9 | 23.6% |
| Others | 124 | 62.7 | 149 | 129 | 1.3% |
| Total | 1,090 | 1,446 | 1,686 | 1,559 | 12.7% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Latvia in 2022:
- Lithuania (136.0 tons)
- Estonia (121.3 tons)
- France (34.9 tons)
- Belarus (10.7 tons)
- Russia (9.8 tons)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Latvia.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Latvia.
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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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