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

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $5,361 per ton in 2022, jumping by 16% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 26%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($24,096 per ton), while the price for Poland ($4,326 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.8%), 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 Serbia (FOB) - 2022

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $4,761 per ton in 2022, increasing by 11% against the previous year. In general, the export price, however, recorded a mild shrinkage. Over the period under review, the average export prices reached the maximum at $6,153 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($10,614 per ton), while the average price for exports to Romania ($1,855 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 North Macedonia (+1.7%), 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 Serbia

In 2022, approx. 471 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into Serbia; with an increase of 20% against the previous year. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $2.5M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.1% 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 +73.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9911,1251,2041,80022.0%
Italy12412620327330.1%
Turkey67.739.075.415732.4%
Poland15.353.646.453.351.6%
Others261199283241-2.6%
Total1,4581,5431,8122,52420.1%

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

  1. China (398.6 tons)
  2. Turkey (25.0 tons)
  3. Poland (12.3 tons)
  4. Italy (11.3 tons)

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

For the fourth consecutive year, Serbia recorded growth in overseas shipments of glass mirrors; framed, excluding rear-view mirrors for vehicleses, which increased by 4% to 396 tons in 2022. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses skyrocketed to $1.9M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +47.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia64.393.313224255.5%
Spain26.715.020.120797.9%
Bosnia and Herzegovina1721181811750.6%
Montenegro17290.7184160-2.4%
Croatia237136188150-14.1%
France44.617578.012842.1%
Belgium36.862.313812550.3%
Germany35.966.670.084.933.2%
Romania71.293.010879.73.8%
United Kingdom87.427.243.477.1-4.1%
North Macedonia34.989.674.850.212.9%
Bulgaria23.931.632.837.015.7%
Austria34.943.252.528.1-7.0%
Others2632333323429.1%
Total1,3041,2751,6351,88513.1%

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

  1. Spain (59.1 tons)
  2. Romania (43.0 tons)
  3. Croatia (41.8 tons)
  4. Bosnia and Herzegovina (41.3 tons)
  5. Russia (30.3 tons)
  6. Montenegro (27.2 tons)
  7. Germany (21.7 tons)
  8. Bulgaria (14.6 tons)
  9. France (12.8 tons)
  10. North Macedonia (12.6 tons)
  11. Belgium (11.7 tons)
  12. United Kingdom (9.4 tons)
  13. Austria (7.2 tons)

Source: IndexBox Market Intelligence Platform

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