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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,435 per ton in 2022, with an increase of 17% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +50.6% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum at $5,645 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,785 per ton), while the price for Turkey ($3,504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), 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 Libya (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,458 per ton, with a decrease of -46.5% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2016 when the average export price increased by 152% against the previous year. Over the period under review, the average export prices attained the peak figure at $13,340 per ton in 2012; however, from 2013 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 Malta ($3,099 per ton), while the average price for exports to Zimbabwe amounted to $1,668 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+1.7%).

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

In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses imported into Libya declined slightly to 718 tons, waning by -4.9% against 2021 figures. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses expanded notably to $3.9M in 2022. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 25%.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.31.92.33.0-3.1%
Turkey0.90.60.70.7-8.0%
Italy0.30.20.30.1-30.7%
Others0.20.20.20.20.0%
Total4.72.83.53.9-6.0%

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

  1. China (490.1 tons)
  2. Turkey (188.0 tons)
  3. Italy (10.1 tons)

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

In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses exported from Libya soared to 1.2 tons, picking up by 78% on 2021. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 716% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses shrank modestly to $2.9K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,145%. As a result, the exports attained the peak of $3.1K, and then contracted in the following year.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malta0.10.2N/A2.0171.4%
ZimbabweN/AN/AN/A0.90%
CongoN/AN/A3.0N/A0%
OthersN/AN/AN/AN/A0%
Total0.10.23.12.9207.2%

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

  1. Malta (657.0 kg)
  2. Zimbabwe (533.0 kg)

Source: IndexBox Market Intelligence Platform

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