Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama - 2024
Contents:
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama (CIF) - 2022
- Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama (FOB) - 2022
- Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama
- Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama
Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama (CIF) - 2022
The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $4,043 per ton in 2022, surging by 9.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 an increase of 13%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 ($6,536 per ton), while the price for China ($3,340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.8%), 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 Panama (FOB) - 2022
The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $6,208 per ton in 2022, rising by 29% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 +55.5% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($19,338 per ton), while the average price for exports to Brazil ($1,157 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 Paraguay (+14.4%), 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 Panama
Imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses into Panama contracted notably to 495 tons in 2022, which is down by -43.5% against the previous year. Overall, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 56%.
In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses contracted significantly to $2M in 2022. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports reached the peak of $3.2M, and then dropped remarkably in the following year.
| Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,185 | 1,330 | 2,122 | 1,116 | -20.1% |
| Free Zones | 255 | 279 | 504 | 462 | 21.9% |
| United States | 303 | 185 | 391 | 193 | -14.0% |
| Brazil | 24.1 | 24.6 | 41.6 | 78.7 | 48.4% |
| Others | 368 | 187 | 183 | 150 | -25.9% |
| Total | 3,135 | 2,006 | 3,241 | 2,000 | -13.9% |
Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Panama in 2022:
- China (334.2 tons)
- Free Zones (94.8 tons)
- United States (29.6 tons)
- Brazil (16.4 tons)
Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama
In 2022, approx. 81 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were exported from Panama; growing by 3.4% against the previous year. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $505K in 2022. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 63%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 2.3 | 5.1 | 29.1 | 169 | 318.8% |
| Jamaica | 104 | 53.2 | 37.2 | 79.6 | -8.5% |
| Paraguay | 15.7 | 16.9 | 20.2 | 41.5 | 38.3% |
| Chile | 10.4 | 25.0 | 80.2 | 36.4 | 51.8% |
| Grenada | 9.8 | 1.6 | 10.4 | 32.3 | 48.8% |
| Guyana | 19.9 | 10.2 | 12.1 | 24.6 | 7.3% |
| Aruba | 18.5 | 13.6 | 13.7 | 23.8 | 8.8% |
| Costa Rica | 27.3 | 20.8 | 48.7 | 23.4 | -5.0% |
| Barbados | 1.9 | 11.6 | 13.1 | 13.5 | 92.2% |
| Ecuador | 2.7 | 4.9 | 4.2 | 12.9 | 68.4% |
| Suriname | 10.2 | 3.5 | 2.2 | 8.4 | -6.3% |
| Belize | 9.1 | 2.0 | 5.7 | 6.8 | -9.3% |
| Brazil | N/A | N/A | 1.6 | 2.7 | 68.8% |
| Others | 81.4 | 64.6 | 101 | 29.8 | -28.5% |
| Total | 314 | 233 | 379 | 505 | 17.2% |
Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Panama in 2022:
- Jamaica (20.2 tons)
- Dominican Republic (8.7 tons)
- Guyana (6.4 tons)
- Chile (5.8 tons)
- Aruba (5.5 tons)
- Costa Rica (5.4 tons)
- Grenada (5.3 tons)
- Barbados (4.6 tons)
- Belize (3.6 tons)
- Paraguay (3.0 tons)
- Ecuador (2.7 tons)
- Suriname (2.6 tons)
- Brazil (2.3 tons)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Panama.
512
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
81
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Panama.
512
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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