Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain - 2022

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain (CIF) - 2022
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain (FOB) - 2022
  3. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain
  4. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain (CIF) - 2022

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.5 per unit in 2022, with an increase of 2.4% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 an increase of 37%. Over the period under review, average import prices attained the peak figure at $2.3 per unit in 2012; however, from 2013 to 2022, 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 Japan ($11 per unit), while the price for Saudi Arabia ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+38.3%), 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 Bahrain (FOB) - 2022

In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $6.4 per unit, waning by -29.4% against the previous year. In general, the export price, however, showed prominent growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 155%. Over the period under review, the average export prices attained the peak figure at $11 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($19 per unit), while the average price for exports to the United Arab Emirates ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+7.4%), 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 Bahrain

Imports of glass mirrors; whether or not framed, including rear-view mirrorses into Bahrain totaled 3.5M units in 2022, with an increase of 3% compared with 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of 3.6M units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses expanded significantly to $5M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1091,1001,3241,62713.6%
Japan1,2166968621,126-2.5%
Saudi Arabia92.3312479786104.2%
Turkey12982.367.4125-1.0%
United Arab Emirates79383181534.5-64.8%
Malaysia52.443.544.712.3-38.3%
Others1,2169071,1831,3242.9%
Total4,6083,9724,7745,0343.0%

Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Bahrain in 2022:

  1. China (1710.4K units)
  2. Saudi Arabia (1264.9K units)
  3. Turkey (118.8K units)
  4. Japan (100.5K units)
  5. Malaysia (36.6K units)
  6. United Arab Emirates (34.7K units)

Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain

In 2022, overseas shipments of glass mirrors; whether or not framed, including rear-view mirrorses were finally on the rise to reach 156K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses soared to $997K in 2022. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at $1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR13010615039745.1%
Singapore506229205222-24.0%
China2.437.896.8137285.0%
Saudi Arabia26921442.497.0-28.8%
QatarN/AN/AN/A43.20%
United Arab Emirates1.50.60.232.3178.2%
Egypt0.2N/AN/A20.1364.9%
Others99.712067.448.1-21.6%
Total1,008707561997-0.4%

Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Bahrain in 2022:

  1. Saudi Arabia (52.5K units)
  2. United Arab Emirates (26.3K units)
  3. Hong Kong SAR (20.4K units)
  4. Qatar (20.0K units)
  5. Singapore (19.1K units)
  6. China (8.3K units)
  7. Egypt (3.7K units)

Source: IndexBox Market Intelligence Platform

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