Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan - 2023
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan (CIF) - 2022
In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $6,215 per ton, falling by -1.8% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. As a result, import price reached the peak level of $6,327 per ton, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.7% per year.
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan (FOB) - 2022
In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $1,814 per ton, increasing by 43% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 an increase of 136% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($4,459 per ton), while the average price for exports to Guinea ($1,581 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 Somalia (+136.2%), 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 Pakistan
Imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Pakistan fell sharply to 78 tons in 2022, with a decrease of -24.8% against the year before. Overall, imports recorded a dramatic decrease. The smallest decline of -15% was in 2020.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses reduced rapidly to $486K in 2022. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 0.5%.
| Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 844 | 633 | 643 | 473 | -17.6% |
| Others | 20.1 | 21.4 | 14.0 | 12.9 | -13.7% |
| Total | 864 | 654 | 657 | 486 | -17.5% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Pakistan in 2022:
- China (76.0 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan
In 2022, after three years of growth, there was significant decline in overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses, when their volume decreased by -38.4% to 100 tons. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,299% against the previous year. As a result, the exports attained the peak of 162 tons, and then dropped remarkably in the following year.
In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses fell to $181K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,124% against the previous year. As a result, the exports attained the peak of $206K, and then declined in the following year.
| Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 162 | 98.8 | -39.0% |
| Qatar | N/A | N/A | 30.4 | 44.2 | 45.4% |
| Guinea | N/A | N/A | N/A | 27.3 | 0% |
| Somalia | N/A | 9.3 | 13.4 | 10.1 | 4.2% |
| Kuwait | 2.8 | N/A | N/A | N/A | 0% |
| Others | 0.9 | N/A | 0.7 | 1.1 | 6.9% |
| Total | 3.6 | 9.3 | 206 | 181 | 269.1% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Pakistan in 2022:
- United Arab Emirates (56.9 tons)
- Qatar (23.1 tons)
- Guinea (17.3 tons)
- Somalia (2.3 tons)
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