Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in New Zealand - 2024

Contents:

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

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $6,119 per ton, with an increase of 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($6,119 per ton) and India ($6,119 per ton), while the price for China ($6,119 per ton) and Australia ($6,119 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $7,337 per ton, surging by 24% against the previous year. Overall, the export price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 54% against the previous year. As a result, the export price reached the peak level of $23,083 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($7,348 per ton) and the UK ($7,340 per ton), while the average price for exports to Fiji ($7,329 per ton) and Cook Islands ($7,335 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 1.6K tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into New Zealand; falling by -14.6% on 2021 figures. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of 1.9K tons, and then fell in the following year.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses contracted to $9.7M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $11M, and then fell in the following year.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.85.59.28.413.1%
Italy0.20.20.20.20.0%
Indonesia0.10.10.20.226.0%
Vietnam0.20.30.30.20.0%
Taiwan (Chinese)0.10.10.20.10.0%
India0.20.10.20.1-20.6%
Others0.50.50.50.50.0%
Total7.26.810.89.710.4%

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

  1. China (1365.3 tons)
  2. Vietnam (39.7 tons)
  3. Italy (32.5 tons)
  4. Indonesia (26.1 tons)
  5. Taiwan (Chinese) (24.5 tons)
  6. India (15.3 tons)

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

For the fourth consecutive year, New Zealand recorded growth in overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 17% to 48 tons in 2022. The total export volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $350K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia48.482.966.111031.5%
United States31.02.220.910349.2%
QatarN/AN/A1.042.54150.0%
Sweden5.226.08.135.088.8%
Czech Republic10374.111532.9-31.6%
Cook Islands6.42.45.16.0-2.1%
United Kingdom20.01.61.65.4-35.4%
Fiji2.920.35.22.2-8.8%
Others59.334.018.113.5-38.9%
Total2762432413508.2%

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

  1. Australia (15.0 tons)
  2. United States (14.0 tons)
  3. Qatar (5.8 tons)
  4. Sweden (4.8 tons)
  5. Czech Republic (4.5 tons)
  6. Cook Islands (0.8 tons)
  7. United Kingdom (0.7 tons)
  8. Fiji (0.3 tons)

Source: IndexBox Market Intelligence Platform

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