Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United Arab Emirates - 2022

Contents:

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

Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United Arab Emirates (CIF) - 2022

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $6,099 per ton in 2022, with an increase of 22% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 +51.8% against 2017 indices. The growth pace was the most rapid in 2016 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $6,475 per ton. From 2017 to 2022, the average 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 ($27,274 per ton), while the price for Poland ($2,457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.1%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,376 per ton, dropping by -20.9% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2014 an increase of 67% against the previous year. The export price peaked at $3,468 per ton in 2018; however, from 2019 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 Uzbekistan ($7,254 per ton), while the average price for exports to Tajikistan ($476 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 Uzbekistan (+19.3%), 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 the United Arab Emirates

In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses imported into the United Arab Emirates reduced to 6.8K tons, declining by -5.6% on 2021. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% 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 +38.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports attained the peak of 7.2K tons, and then shrank in the following year.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses skyrocketed to $41M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.0% 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 +81.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.920.729.434.023.8%
India0.30.41.01.674.7%
Poland0.70.20.10.6-5.0%
Turkey0.50.50.40.4-7.2%
Others3.33.24.94.712.5%
Total22.825.135.941.321.9%

Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to the United Arab Emirates in 2022:

  1. China (5.6K tons)
  2. India (0.3K tons)
  3. Poland (0.3K tons)
  4. Turkey (0.1K tons)

Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United Arab Emirates

In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses exported from the United Arab Emirates soared to 1K tons, picking up by 50% on 2021 figures. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses skyrocketed to $2.4M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 +66.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman9376801,0321,1958.4%
Uzbekistan17.60.10.1337167.5%
Benin0.30.81.8203777.9%
Seychelles36.463.435.176.127.9%
TajikistanN/A13.142.275.6140.2%
Ethiopia23.69.621.967.541.9%
Rwanda32.021.334.242.910.3%
Maldives271N/A40.812.8-63.9%
Democratic Republic of the Congo3.411.923.58.535.7%
Tanzania34.12.910.96.4-42.7%
Burundi7.09.15.25.4-8.3%
Uganda22.618.617.1N/A-13.0%
Cameroon12.712.830.5N/A55.0%
Others455606730378-6.0%
Total1,8521,4502,0262,4099.2%

Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from the United Arab Emirates in 2022:

  1. Oman (333.3 tons)
  2. Benin (268.7 tons)
  3. Tajikistan (159.0 tons)
  4. Uzbekistan (46.5 tons)
  5. Ethiopia (43.3 tons)
  6. Rwanda (33.9 tons)
  7. Seychelles (11.5 tons)
  8. Burundi (11.2 tons)
  9. Tanzania (6.0 tons)
  10. Maldives (2.4 tons)
  11. Democratic Republic of the Congo (1.2 tons)

Source: IndexBox Market Intelligence Platform

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