Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia (FOB) - 2023
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia (CIF) - 2022
The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.9 per unit in 2022, picking up by 14% against the previous year. Over the period under review, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 54% against the previous year. 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 ($7.5 per unit), while the price for Indonesia ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia (FOB) - 2023
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $14.3 per unit in November 2023, with a decrease of -1.8% against the previous month. Over the period under review, the export price, however, saw a slight expansion. The pace of growth was the most pronounced in September 2023 an increase of 267% against the previous month. Over the period under review, the average export prices attained the peak figure at $14.5 per unit in October 2023, and then shrank in the following month.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was the UK ($15.0 per unit), while the average price for exports to New Zealand ($4.8 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia
In 2022, after three years of growth, there was significant decline in overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses, when their volume decreased by -7.1% to 65M units. Overall, imports showed a slight downturn. The pace of growth was the most pronounced in 2020 with an increase of 3.1%. Imports peaked at 70M units in 2021, and then declined in the following year.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses rose notably to $122M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 46.7 | 56.0 | 74.3 | 75.6 | 17.4% |
| Taiwan (Chinese) | 4.0 | 4.5 | 8.1 | 8.9 | 30.5% |
| United States | 4.8 | 4.0 | 6.0 | 7.8 | 17.6% |
| Thailand | 7.4 | 5.0 | 6.5 | 7.7 | 1.3% |
| Indonesia | 1.6 | 3.5 | 4.0 | 4.2 | 37.9% |
| Malaysia | 0.2 | 0.4 | 0.9 | 1.2 | 81.7% |
| Others | 13.7 | 11.3 | 15.2 | 16.2 | 5.7% |
| Total | 78.4 | 84.7 | 115 | 122 | 15.9% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Australia in 2022:
- China (46.6M units)
- Thailand (7.0M units)
- Indonesia (3.9M units)
- Taiwan (Chinese) (1.3M units)
- United States (1.0M units)
- Malaysia (1.0M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia
In 2022, approx. 2.1M units of glass mirrors; whether or not framed, including rear-view mirrorses were exported from Australia; with an increase of 46% compared with the year before. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 73%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses surged to $24M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.1 | 4.4 | 7.0 | 20.8 | 71.8% |
| New Zealand | 0.8 | 0.7 | 1.2 | 1.2 | 14.5% |
| United Kingdom | N/A | N/A | 0.3 | 0.9 | 200.0% |
| Japan | 0.4 | 0.7 | 0.9 | 0.1 | -37.0% |
| Others | 0.9 | 0.8 | 1.0 | 1.0 | 3.6% |
| Total | 6.2 | 6.6 | 10.4 | 23.9 | 56.8% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Australia in 2022:
- United States (1603.3K units)
- New Zealand (324.4K units)
- United Kingdom (68.5K units)
- Japan (9.4K units)
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